Advertisement
UK markets close in 3 hours 7 minutes
  • FTSE 100

    7,834.94
    -42.11 (-0.53%)
     
  • FTSE 250

    19,303.67
    -147.00 (-0.76%)
     
  • AIM

    742.20
    -3.09 (-0.41%)
     
  • GBP/EUR

    1.1680
    -0.0003 (-0.02%)
     
  • GBP/USD

    1.2456
    +0.0017 (+0.14%)
     
  • Bitcoin GBP

    52,555.64
    +2,452.71 (+4.90%)
     
  • CMC Crypto 200

    1,336.43
    +23.81 (+1.85%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CRUDE OIL

    82.15
    -0.58 (-0.70%)
     
  • GOLD FUTURES

    2,392.80
    -5.20 (-0.22%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,721.70
    -115.70 (-0.65%)
     
  • CAC 40

    8,008.57
    -14.69 (-0.18%)
     

Staples names Coca-Cola veteran Douglas as new CEO

(Reuters) - U.S. office supplies chain Staples Inc, which was taken private by Sycamore Partners last year, named Coca-Cola Co (KO.N) veteran J. Alexander Douglas as its chief executive on Friday.

Douglas will replace Shira Goodman starting April 2.

Goodman, who took the top job in 2016, will leave Staples, the Wall Street Journal reported earlier on Friday.

Alexander, who has spent thirty years at Coca-Cola, most recently served as North America president for the soda giant.

Staples Executive Chairman John Lederer and the company's separate U.S. and Canadian retail businesses will lead the company until Douglas's appointment.

(Reporting by Uday Sampath in Bengaluru; Editing by Sai Sachin Ravikumar)