ODP Management
Management criteria checks 3/4
ODP's CEO is Gerry Smith, appointed in Feb 2017, has a tenure of 7.83 years. total yearly compensation is $10.84M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth $16.91M. The average tenure of the management team and the board of directors is 3.8 years and 4.8 years respectively.
Key information
Gerry Smith
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 10.2% |
| CEO tenure | 7.8yrs |
| CEO ownership | 2.3% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
The ODP Corporation's (NASDAQ:ODP) Business Is Trailing The Industry But Its Shares Aren't
Dec 21
What Does The ODP Corporation's (NASDAQ:ODP) Share Price Indicate?
Nov 07Business Supply Retailer ODP Corporation Looks Like A Contrarian Pick
Oct 02Is ODP (NASDAQ:ODP) A Risky Investment?
Sep 06The ODP Corporation (NASDAQ:ODP) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 08Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 49% Undervaluation?
Jul 27Use The Dip To Buy ODP Corporation Ahead Of Its Q2 Earnings
Jul 17Should You Investigate The ODP Corporation (NASDAQ:ODP) At US$37.87?
Jul 11The ODP Corporation (NASDAQ:ODP) Might Not Be As Mispriced As It Looks
May 27Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Apr 19Is Now The Time To Look At Buying The ODP Corporation (NASDAQ:ODP)?
Mar 25Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 44% Undervaluation?
Feb 23With EPS Growth And More, ODP (NASDAQ:ODP) Makes An Interesting Case
Feb 05ODP: A Value Play With Catalysts
Jan 16The ODP Corporation's (NASDAQ:ODP) Price Is Right But Growth Is Lacking
Dec 26Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Dec 13Here's Why We Think ODP (NASDAQ:ODP) Might Deserve Your Attention Today
Nov 01What Is The ODP Corporation's (NASDAQ:ODP) Share Price Doing?
Oct 13Is ODP (NASDAQ:ODP) Using Too Much Debt?
Sep 02Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 50% Undervaluation?
Aug 14Is There Now An Opportunity In The ODP Corporation (NASDAQ:ODP)?
Jul 04Here's Why ODP (NASDAQ:ODP) Has Caught The Eye Of Investors
May 17ODP (NASDAQ:ODP) Has A Somewhat Strained Balance Sheet
May 01Is There Now An Opportunity In The ODP Corporation (NASDAQ:ODP)?
Mar 20ODP (NASDAQ:ODP) Has A Pretty Healthy Balance Sheet
Jan 29The ODP Corporation: A Bargain With Multiple Catalysts
Aug 31ODP to partially leaseback Boca Raton HQ
Aug 24The ODP Corporation Q2 2022 Earnings Preview
Aug 02The ODP Corporation gains on guiding Q2 and FY22 earnings above the consensus; to buyback shares of $600M
Jul 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$26m |
| Jun 29 2024 | n/a | n/a | US$39m |
| Mar 30 2024 | n/a | n/a | US$86m |
| Dec 30 2023 | US$11m | US$1m | US$139m |
| Sep 30 2023 | n/a | n/a | US$244m |
| Jul 01 2023 | n/a | n/a | US$230m |
| Apr 01 2023 | n/a | n/a | US$207m |
| Dec 31 2022 | US$11m | US$1m | US$178m |
| Sep 24 2022 | n/a | n/a | US$174m |
| Jun 25 2022 | n/a | n/a | US$180m |
| Mar 26 2022 | n/a | n/a | US$179m |
| Dec 25 2021 | US$11m | US$1m | US$187m |
| Sep 25 2021 | n/a | n/a | US$186m |
| Jun 26 2021 | n/a | n/a | US$147m |
| Mar 27 2021 | n/a | n/a | -US$45m |
| Dec 26 2020 | US$10m | US$1m | -US$63m |
| Sep 26 2020 | n/a | n/a | -US$39m |
| Jun 27 2020 | n/a | n/a | -US$13m |
| Mar 28 2020 | n/a | n/a | US$136m |
| Dec 28 2019 | US$10m | US$1m | US$127m |
| Sep 28 2019 | n/a | n/a | US$30m |
| Jun 29 2019 | n/a | n/a | US$31m |
| Mar 30 2019 | n/a | n/a | US$74m |
| Dec 29 2018 | US$9m | US$1m | US$99m |
| Sep 29 2018 | n/a | n/a | US$64m |
| Jun 30 2018 | n/a | n/a | US$103m |
| Mar 31 2018 | n/a | n/a | US$105m |
| Dec 30 2017 | US$17m | US$931k | US$146m |
Compensation vs Market: Gerry's total compensation ($USD10.84M) is above average for companies of similar size in the US market ($USD3.22M).
Compensation vs Earnings: Gerry's compensation has been consistent with company performance over the past year.
CEO
Gerry Smith (61 yo)
7.8yrs
Tenure
US$10,835,279
Compensation
Mr. Gerry P. Smith has been the Chief Executive Officer at The ODP Corporation (formerly known as Office Depot, Inc.). since February 27, 2017. He serves as Director at Varis, Inc. He served as Principal F...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.8yrs | US$10.84m | 2.33% $ 16.9m | |
| Executive VP & Chief Human Resources Officer | 3.1yrs | US$2.08m | 0.092% $ 666.7k | |
| Executive VP & President of Veyer | 7.7yrs | US$2.46m | 0.20% $ 1.4m | |
| Executive VP & President of Business Solutions Division | no data | US$2.08m | 0.16% $ 1.2m | |
| SVP, Chief Accounting Officer | 1.8yrs | no data | 0.060% $ 435.9k | |
| Senior VP of Financial Planning & Analysis | no data | no data | 0.062% $ 448.9k | |
| Vice President of Investor Relations | 6.3yrs | no data | no data | |
| Executive VP | 2.4yrs | US$2.19m | 0.031% $ 225.4k | |
| Executive VP & President of Office Depot | 8.3yrs | no data | 0.17% $ 1.2m | |
| President of Varis | 3.8yrs | no data | no data |
3.8yrs
Average Tenure
52yo
Average Age
Experienced Management: ODP's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.8yrs | US$10.84m | 2.33% $ 16.9m | |
| Independent Director | 11.3yrs | US$297.53k | 0.0055% $ 39.6k | |
| Independent Director | 4.8yrs | US$270.03k | 0.00090% $ 6.5k | |
| Independent Non-Executive Board Chair | 4.4yrs | US$292.53k | 0.013% $ 93.3k | |
| Independent Director | 4.8yrs | US$267.53k | 0.00090% $ 6.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 8.4yrs | US$282.53k | no data | |
| Director | less than a year | no data | no data |
4.8yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ODP's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:19 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The ODP Corporation is covered by 32 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Lasser | Barclays |
| Alan Rifkin | Barclays |
| Anthony Chukumba | BB&T Capital Markets |