Executive Turnover Continues As CompuCom President To Step Down
CompuCom Systems, a wholly owned subsidiary of Office Depot, is on the way to having its fifth top executive in as many years.
Office Depot on Tuesday said in a regulatory filing that Dan Stone, president of CompuCom, has informed the company he plans to resign as president effective June 6.
A CompuCom spokesperson did not respond to a request by CRN for further information by press time.
However, an Office Depot spokesperson, in response to a request for more information,told CRN that Stone plans to leave CompuCom to "pursue other interests," and will be replaced as acting president no later than June 7 by Greg Hoogerland, the company's current chief customer officer.
Hoogerland in 2014 joined CompuCom, which was last year acquired by Office Depot, as chief strategy officer, and has worked closely with CompuCom's executive team on developing and executing on the company's executive plan, the spokesperson wrote.
"We remain focused on building on our core business to create a unique omni-channel platform that delivers the products and services needed by our business-to-business (B2B) and business-minded customers now and into the future," the spokesperson wrote.
Stone joined CompuCom in early 2015 as president of the company's End-user Enablement business unit and its Tech-Zone Service Centers after a one -year stint as president of Lenovo Latin America. He was appointed CEO of CompuCom in late 2016, and became president of the company after CompuCom was acquired by Office Depot.
When Stone's replacement takes over as planned in June, he or she will be the fifth top executive the company has had in the last five years.
The revolving door started in May 2013, when longtime CEO Jim Dixon – CompuCom's leader from 1987 to 1996 and again from 2004 until then – stepped out of the CEO role and was replaced by division leader Tony Doye.
Doye left CompuCom in August 2014, prompting Dixon to step back into the CEO slot on an interim basis. In February 2015, following a six-month search, Don Doctor, who joined CompuCom's board in May 2013 and had spent several years as CEO of data center maintenance company SMS beginning in 2006, replaced Dixon as CompuCom's leader.
CompuCom in 2014 was ranked as high as No. 23 on CRN's Solution Provider 500, but slipped down the list after the April, 2015 acquisition of its software business by SoftwareONE.
Michael Novinson contributed to this story.