Item 8.01. Other Events.
In connection with its previously announced plans to pursue a separation of The
ODP Corporation (the "Company") into two independent, publicly traded companies
(the "Separation"), on August 24, 2021, the Company issued a press release that
provides additional details on the Separation. The Company announced that, upon
the completion of the Separation, Gerry P. Smith will continue to serve as the
Chief Executive Officer of the Company which will continue to be named The ODP
Corporation, and Kevin Moffitt, currently Executive Vice President, Chief Retail
Officer of the Company, will be appointed Chief Executive Officer of the
spun-off company which will be named Office Depot, Inc. While the Company
expects to complete the Separation in the first half of 2022, there can be no
assurances regarding the ultimate timing of the Separation or that the
Separation will be completed. A copy of the press release is attached as Exhibit
99.1 to this Current Report on 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
Exhibit 99.1 Press Release of The ODP Corporation, dated August 24, 2021.
Exhibit 104 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document.
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