Harvard president named to Staples board

FRAMINGHAM, Mass. — Staples has nominated Dr. Drew Faust, president of Harvard University, to its board of directors. The election of directors will take place at the company’s annual meeting, scheduled for June 4.

“We’re very pleased to nominate Dr. Faust to our board of directors,” said Ron Sargent, Staples’ chairman and CEO. “She will bring a unique perspective to our Board in leading a complex, global organization. Dr. Faust has extensive leadership and management experience related to capital planning, financial oversight, risk management, technology and strategy.”

Dr. Faust was named president of Harvard University in 2007. She is responsible for all aspects of Harvard's academic and administrative activities, including operations, research and teaching, across the globe. Dr. Faust serves on the board of Harvard Management Company, which is responsible for investing Harvard's endowment and related financial assets to support the education and research goals of the university. She also led the transformation of Harvard's governance structure.