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ODP CFO Anthony Scaglione To Step Down
(RTTNews) - The ODP Corp. (ODP) announced Wednesday that Anthony Scaglione, executive vice president and chief financial officer, is stepping down from his role to pursue another career opportunity. His last day will be September 13, 2024.
As the Company formulates its plans to fill the chief financial officer role and to ensure a smooth transition, Scaglione will continue to work closely with CEO Gerry Smith until his departure date.
Scaglione was named Executive Vice President and CFO in July 2020. He joined ODP from ABM Industries In., where he served as Executive Vice President and Chief Financial Officer.
Prior to joining ABM Industries, Scaglione held executive finance positions at CA Technologies.
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ODP Corp. Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Tuesday, The ODP Corp. (ODP) raised its adjusted earnings guidance for the full-year 2023, while lowering annual sales outlook.
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Additional Support Predicted For Malaysia Stock Market
The Malaysia stock market has moved higher in four straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau and it's got another green light for Monday's trade.
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Rebound Anticipated For South Korea Stock Market
The South Korea stock market on Friday wrote a finish to the four-day winning streak in which it had jumped almost 110 points or 3.6 percent. The KOSPI now sits just above the 3,210-point plateau although it may bounce higher again on Monday.
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Indonesia Retail Sales Data Due On Monday
Indonesia will on Monday release July figures for retail sales, highlighting a light day for Asia-Pacific economic activity. In June, sales were up 1.9 percent on year.
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Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
The Canadian market is up in positive territory Friday afternoon with investors largely reacting to quarterly earnings announcements, and the nation's jobs data, in addition to weighing the impact of tariffs on global economic growth.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves.
A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
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Major European Markets Close On Mixed Note
Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
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