Thomas Stemberg is a venture capitalist and investor in the Greater Boston Area, who was the original founder and CEO of Staples Inc. He served as CEO for 16 years, and Chairman for 3 more years, before joining Highland Consumer Fund. Tom Stemberg has an estimated net worth of $202 million.
Stemberg wrote the founding business plans of the office supply super store, and grew the Staples business in to a $19 billion company before he was pushed out in 2005. In a recent interview with CNBC, Stemberg weighed in on the current retail landscape.
Currently, Stemberg serves on the board at CarMax, City Sports, Guitar Center, PETsMART, and a number of other corporations. He’s also invested in KaBloom florists, Zoot dry cleaners, and Olly Shoes.