OfficeMax Announces Dividend and New Lead Director
April 24 2008 - 6:41PM
PR Newswire (US)
NAPERVILLE, Ill., April 24 /PRNewswire-FirstCall/ -- OfficeMax(R)
Incorporated (NYSE:OMX), a leader in office products and services,
announced today a regular quarterly dividend of $0.15 cents per
common share, payable on July 15, 2008, to shareholders of record
on July 1, 2008. OfficeMax also announced that, as previously
announced, Gary G. Michael, who joined the OfficeMax Board of
Directors in 1997, did not stand for re-election in 2008. Mr.
Michael was the Chairman of the Board and Chief Executive Officer
of Albertsons, Inc. until his retirement in 2001. On the OfficeMax
board of directors, Mr. Michael served as Chair of the Committee of
Outside Directors and Lead Independent Director, and as a member of
the Executive Compensation Committee and the Governance &
Nominating Committee. The board has appointed Rakesh Gangwal, who
joined the OfficeMax Board of Directors in 1998, to fill Mr.
Michael's position as Chair of the Committee of Outside Directors
and Lead Independent Director. Mr. Gangwal will continue to serve
on the Executive Compensation Committee and the Governance &
Nominating Committee. About OfficeMax OfficeMax Incorporated
(NYSE:OMX) is a leader in both business-to- business office
products solutions and retail office products. The OfficeMax
mission is simple. We help our customers do their best work. The
company provides office supplies and paper, in-store print and
document services through OfficeMax ImPress(R), technology products
and solutions, and furniture to consumers and to large, medium and
small businesses. OfficeMax customers are served by approximately
36,000 associates through direct sales, catalogs, e-commerce and
more than 900 stores. To find the nearest OfficeMax, call
1-877-OFFICEMAX. For more information, visit
http://www.officemax.com/. OfficeMax Media Contact OfficeMax
Investor Contact Bill Bonner John Jennings 630 864 6066 630 864
6820 DATASOURCE: OfficeMax Incorporated CONTACT: Media, Bill
Bonner, +1-630-864-6066, or Investors, John Jennings,
+1-630-864-6820, both of OfficeMax Web site:
http://www.officemax.com/
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