Word: stemberg
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That's understandable. The deal will create a chain of 1,100 outlets in 47 states and 10 foreign countries. Fuente and Staples CEO Thomas Stemberg denied that a merger would lessen price pressure on the thousands of items, from pushpins to personal computers, on which the two often clashed. But analysts viewed the deal positively for exactly that reason. The combined companies would control about 10% of the $150 billion U.S. office-supply business, or about three times the slice held by No. 3 OfficeMax...
Staples' founder Thomas G. Stemberg '71, currently the company's chair of the company's board, came to Romney with the idea that by centralizing purchases for many stores, Staples could provide office supplies at a much lower cost than previous office supply stores...
...Stemberg says Romney's help was essential to helping his concept grow...
Last year, less than 4000 fans in 21 cities tuned into The Game, says Thomas Stemberg '71, the network's founder...
Other images reflect yet another facet of Donald Fleming's complex personality and lifestyle. Tom Stemberg '71, president of the Friends of Harvard Basketball and a very close observer of the program, recalls Fleming at the 1978 Rainbow Classic: "My recollection of Donald," Stemberg said recently, "is of him getting on a little mini-bus in Hawaii with a Bible. He read the Bible the whole trip. I'd never seen anything like it before, and I probably never will again." As Fleming himself will be the first to say, his religion--a non-denominational but highly devout form...