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ODP Management
Management criteria checks 3/4
ODP's CEO is Gerry Smith, appointed in Feb 2017, has a tenure of 8.83 years. total yearly compensation is $9.46M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 3.33% of the company’s shares, worth $28.05M. The average tenure of the management team and the board of directors is 5.7 years and 5.8 years respectively.
Key information
Gerry Smith
Chief executive officer
US$9.5m
Total compensation
| CEO salary percentage | 11.62% |
| CEO tenure | 8.8yrs |
| CEO ownership | 3.3% |
| Management average tenure | 5.7yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Narrative Update • Nov 07
ODP: Acquisition Agreement Will Drive Margin Improvement And Unlock Shareholder Value
Analysts have raised their price target for ODP Corporation from $31.67 to $34.67, citing improved profit margin forecasts and a reduced discount rate following recent acquisition developments. Analyst Commentary Following the recent acquisition agreement, analysts have weighed in with a range of viewpoints regarding ODP Corporation's outlook and valuation.Seeking Alpha • Sep 23
The ODP Corporation: Nothing Left To See Here
Summary The ODP Corporation (ODP) agreed to be acquired by Atlas Holdings for $28 per share, a 34% premium over recent prices. Despite the buyout premium, ODP has suffered years of revenue and profit decline across both its Office Depot and ODP Business Solutions divisions. ODP's low trading multiples and minimal net debt make it attractive to buyers, but the business is in terminal decline with limited upside for shareholders. With only a 1.2% spread to the buyout price and significant downside risk if the deal fails, I rate ODP stock a 'sell.' Read the full article on Seeking AlphaAnalysis Article • Sep 08
Is Now The Time To Look At Buying The ODP Corporation (NASDAQ:ODP)?
The ODP Corporation ( NASDAQ:ODP ), might not be a large cap stock, but it received a lot of attention from a...Analysis Article • Aug 18
An Intrinsic Calculation For The ODP Corporation (NASDAQ:ODP) Suggests It's 40% Undervalued
NasdaqGS:ODP 1 Year Share Price vs Fair Value Explore ODP's Fair Values from the Community and select yours Key...Analysis Article • Apr 09
The Market Doesn't Like What It Sees From The ODP Corporation's (NASDAQ:ODP) Earnings Yet As Shares Tumble 27%
Unfortunately for some shareholders, the The ODP Corporation ( NASDAQ:ODP ) share price has dived 27% in the last...Analysis Article • Feb 21
Should You Investigate The ODP Corporation (NASDAQ:ODP) At US$18.07?
The ODP Corporation ( NASDAQ:ODP ), is not the largest company out there, but it saw significant share price movement...Analysis Article • Jan 15
These 4 Measures Indicate That ODP (NASDAQ:ODP) Is Using Debt Extensively
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Dec 21
The ODP Corporation's (NASDAQ:ODP) Business Is Trailing The Industry But Its Shares Aren't
With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Specialty Retail industry in the United States...Analysis Article • Nov 07
What Does The ODP Corporation's (NASDAQ:ODP) Share Price Indicate?
The ODP Corporation ( NASDAQ:ODP ), is not the largest company out there, but it saw a decent share price growth of 12...Seeking Alpha • Oct 02
Business Supply Retailer ODP Corporation Looks Like A Contrarian Pick
Summary ODP Corporation is trading at a low price/book ratio and P/E ratio, making it an attractive contrarian investment despite declining revenues. The company has a weak balance sheet but remains cash flow positive with minimal long-term debt, suggesting financial sustainability. Competition and commodity price fluctuations are significant risks, but ODP's business strategy and branding efforts are crucial for navigating the market. Revenue decline is a concern, but profitability is expected to improve, and share repurchase programs show confidence in future operations. Read the full article on Seeking Alpha
New Narrative • Sep 16
Navigating Challenges To Propel Growth And Enhance Shareholder Value In Business Solutions And Retail
Strategic investments and partnerships aim to boost revenue, enhance shareholder value, and improve net margins through business transformation and core growth focus.Analysis Article • Sep 06
Is ODP (NASDAQ:ODP) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 08
The ODP Corporation (NASDAQ:ODP) Stock's 35% Dive Might Signal An Opportunity But It Requires Some Scrutiny
To the annoyance of some shareholders, The ODP Corporation ( NASDAQ:ODP ) shares are down a considerable 35% in the...Analysis Article • Jul 27
Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 49% Undervaluation?
Key Insights ODP's estimated fair value is US$83.14 based on 2 Stage Free Cash Flow to Equity ODP's US$42.42 share...Seeking Alpha • Jul 17
Use The Dip To Buy ODP Corporation Ahead Of Its Q2 Earnings
Summary ODP Corporation stock has underperformed its small-cap peers by -26% YTD, with pronounced weakness following the Q1 results in May. Q2 may not be the strongest quarter given seasonal weakness and sizeable upward revisions to the EPS, but forward looking guidance for H2 is expected to be positive. Project Core's salutary impact is expected to reflect well on the bottom line numbers for this year and next, and despite positive revisions in the EPS, PE valuations look incredibly cheap. After only generating $7m of FCF in Q1, the quarterly FCF run rate is expected to increase by close to 9x, although some inventory build-up ahead of the back-to-school season may see meaningful benefits come through only in H2. The risk-reward on the charts looks even more attractive. Read the full article on Seeking AlphaAnalysis Article • Jul 11
Should You Investigate The ODP Corporation (NASDAQ:ODP) At US$37.87?
While The ODP Corporation ( NASDAQ:ODP ) might not have the largest market cap around , it saw significant share price...Analysis Article • May 27
The ODP Corporation (NASDAQ:ODP) Might Not Be As Mispriced As It Looks
It's not a stretch to say that The ODP Corporation's ( NASDAQ:ODP ) price-to-earnings (or "P/E") ratio of 17.1x right...Analysis Article • Apr 19
Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Mar 25
Is Now The Time To Look At Buying The ODP Corporation (NASDAQ:ODP)?
The ODP Corporation ( NASDAQ:ODP ), might not be a large cap stock, but it saw significant share price movement during...Analysis Article • Feb 23
Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 44% Undervaluation?
Key Insights ODP's estimated fair value is US$92.56 based on 2 Stage Free Cash Flow to Equity Current share price of...Analysis Article • Feb 05
With EPS Growth And More, ODP (NASDAQ:ODP) Makes An Interesting Case
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Seeking Alpha • Jan 16
ODP: A Value Play With Catalysts
Summary ODP Corporation is a value stock trading at just 4.3x forward EV/EBITDA. AREX Capital Management's recent letter argues for spinning off the retail business, divesting Varis, and increasing leverage to buyback shares. I view ODP is likely to engage with AREX's proposal to some extent even if it does not embrace all parts of the proposal. ODP's aggressive share repurchase program represents an additional positive catalyst. I believe ODP is undervalued and am initiating coverage with a buy rating. Read the full article on Seeking AlphaAnalysis Article • Dec 26
The ODP Corporation's (NASDAQ:ODP) Price Is Right But Growth Is Lacking
The ODP Corporation's ( NASDAQ:ODP ) price-to-earnings (or "P/E") ratio of 10x might make it look like a buy right now...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2025 | n/a | n/a | US$5m |
| Jun 28 2025 | n/a | n/a | US$50m |
| Mar 29 2025 | n/a | n/a | US$46m |
| Dec 28 2024 | US$9m | US$1m | US$106m |
| Sep 28 2024 | n/a | n/a | US$134m |
| Jun 29 2024 | n/a | n/a | US$147m |
| Mar 30 2024 | n/a | n/a | US$194m |
| Dec 30 2023 | US$11m | US$1m | US$247m |
| 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$226m |
| 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$99m |
Compensation vs Market: Gerry's total compensation ($USD9.46M) is above average for companies of similar size in the US market ($USD3.47M).
Compensation vs Earnings: Gerry's compensation has been consistent with company performance over the past year.
CEO
Gerry Smith (62 yo)
8.8yrs
Tenure
US$9,462,889
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 | 8.8yrs | US$9.46m | 3.33% $ 28.1m | |
| Senior VP & Co-Chief Financial Officer | 1yr | US$1.15m | 0.14% $ 1.1m | |
| Senior Vice President & Co-CFO | 1yr | US$6.24m | 0.082% $ 692.0k | |
| Executive VP | 3.4yrs | US$1.67m | 0.15% $ 1.3m | |
| Executive VP & President of Veyer | 8.7yrs | US$1.95m | 0.35% $ 2.9m | |
| Executive VP & President of Business Solutions Division | no data | US$1.69m | 0.28% $ 2.4m | |
| Vice President of Investor Relations | 7.3yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 4.1yrs | US$2.08m | 0.12% $ 987.1k | |
| Executive VP & President of Office Depot | 9.3yrs | no data | 0.19% $ 1.6m |
5.7yrs
Average Tenure
53yo
Average Age
Experienced Management: ODP's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.8yrs | US$9.46m | 3.33% $ 28.1m | |
| Independent Director | 12.3yrs | US$297.51k | 0.0055% $ 46.1k | |
| Independent Director | 5.8yrs | US$270.01k | 0.00090% $ 7.6k | |
| Independent Non-Executive Chair | 5.4yrs | US$381.63k | 0.013% $ 108.5k | |
| Independent Director | 5.8yrs | US$274.03k | 0.00090% $ 7.6k | |
| Independent Director | 1.5yrs | US$200.24k | no data | |
| Independent Director | 9.4yrs | US$286.52k | no data | |
| Independent Director | 1.5yrs | US$201.55k | no data |
5.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: ODP's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/11 01:20 |
| End of Day Share Price | 2025/12/09 00:00 |
| Earnings | 2025/09/27 |
| Annual Earnings | 2024/12/28 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
The ODP Corporation is covered by 20 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 |
|---|---|
| Alan Rifkin | Barclays |
| Michael Lasser | Barclays |
| Colin McGranahan | Bernstein |