NAPERVILLE, Ill., April 24 /PRNewswire-FirstCall/ -- OfficeMax(R) Incorporated , 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 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