Gerry P. Smith is the CEO of The ODP Corporation, a position he has held since 2013. During his leadership, he has focused on aligning executive pay with company performance, utilizing metrics like adjusted EBITDA and net sales to drive...
Gerry P. Smith is the CEO of The ODP Corporation, a position he has held since 2013. During his leadership, he has focused on aligning executive pay with company performance, utilizing metrics like adjusted EBITDA and net sales to drive results. In 2022, Smith's total compensation was notably high at over $10.5 million, which included a significant performance bonus due to exceeding set goals. This highlights his ability to meet and exceed targets. He has also seen fluctuations in compensation; for example, in 2023, his total was $1.17 million with no bonuses, demonstrating a stark contrast from previous years. Smith’s journey with ODP showcases his commitment to raising shareholder value and navigating corporate challenges. His background includes experience that is relevant to guiding ODP through competitive markets, and he quickly adapted his strategies to enhance the company’s standing in the industry. Under his leadership, the company focuses on long-term growth, making it a key player in its sector.