Westerbos named CEO of Staples Solutions BV


Staples Solutions BV said Oct. 16 that Dolph Westerbos was named CEO effective Nov. 1. Westerbos was previously CEO of Westcon Group. In February, Cerberus Capital Management completed its buy of Staples’ European operations.

PRESS RELEASE

AMSTERDAM, Oct. 16, 2017 /PRNewswire/ — Staples Solutions B.V. (“Staples Solutions”) today announced the appointment of Dolph Westerbos as Chief Executive Officer effective 1 November 2017. Mr. Westerbos joins Staples Solutions to build upon the progress made since its separation from Staples, Inc. following the sale of majority ownership to an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) earlier this year. He will be based in Staples Solutions’ headquarters in Amsterdam.

Mr. Westerbos has spent the last 15 years in various executive management positions at large multi-national listed companies around the world, with a focus on B2B products and services: supply chain, logistics, technology, and asset management. Until its recent majority sale to SYNNEX Corporation, he was CEO of Westcon Group (trading as Westcon-Comstor), a global technology distributor providing solutions in cyber security, networking and communications. Prior to Westcon Group, Mr. Westerbos held executive management positions at Brambles-CHEP, Dell, and ModusLink.

“As CEO, Dolph will strengthen Staples Solutions’ position as the leading provider of products, services, and solutions to small, mid-sized, and large businesses in Europe,” said Olof Persson, Chairman of Staples Solutions. “With over 15 years of CEO and executive management experience, Dolph has a strong track record of successfully leading complex and large-scale business transformations and developing profitable, best-in-class organizations.”

“Cerberus is excited to welcome Dolph to Staples Solutions. We believe that a world-class management team is essential to planning and implementing successful strategic and operational initiatives. Regardless of the industry or geography, our goal of maximizing value for all constituents starts with having great leadership. Dolph is an example of that philosophy, and we look forward to his direction as Staples Solutions strengthens its position as the partner of choice to provide products and services to the workspace of today and tomorrow,” said Steven F. Mayer, Co-Head of Global Private Equity and Senior Managing Director of Cerberus. “Like Cerberus, Dolph understands the importance of both operational excellence and a laser focus on customer needs to ensure long-term success. We look forward to partnering with him and supporting his dedicated efforts on behalf of Staples Solutions and its customers, suppliers, and employees.”

“I am excited to lead Staples Solutions in this next chapter as it seeks to capture additional market opportunities. I look forward to working with Olof and the entire Staples Solutions and Cerberus teams to better serve our customers, create a culture of entrepreneurship, increase our speed of execution, maximize the value of our B2B platform through strategic initiatives, and position the company for sustainable and profitable growth,” said Mr. Westerbos.

About Staples Solutions B.V.
Staples Solutions B.V. is the leading provider of workplace products, services, and solutions to small, mid-sized, and large businesses in Europe. Through our integrated offering, Staples Solutions is the partner of choice to meet the diverse needs of the workplace of today and tomorrow. Headquartered in Amsterdam, we operate in 17 countries in Europe. You can learn more about Staples Solutions at www.staples.eu.

About Cerberus Capital Management, L.P.
Established in 1992, Cerberus Capital Management, L.P. is one of the world’s leading private investment firms. Cerberus has more than US $30 billion under management invested in three complementary strategies: private equity; global credit opportunities (which includes non-performing loans, corporate credit and distressed debt, mortgage securities and assets, and direct lending); and real estate. From its headquarters in New York City and network of affiliate and advisory offices in the U.S., Europe and Asia, Cerberus has the on-the-ground presence to invest in multiple asset classes globally.

 

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