OfficeMax
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| Type | Public NYSE: OMX |
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| Industry | Retail |
| Founded |
as (Boise Cascade) (1931) Cleveland, Ohio (April 1, 1988) (first store July 5, 1988) |
| Headquarters | Naperville, Illinois, U.S. |
| Number of locations | 991 (April 2011)[1] |
| Key people |
Ravi K. Saligram, President and CEO Michael Lewis, President Retail Deborah A. O'Connor, Chief Accounting Officer Bruce Besanko, Chief Financial Officer Carolynn Brooks, Chief Diversity Officer |
| Products | Office supplies |
| Revenue |  US$7.1 Billion (2010)[2] |
| Employees | 32,300 (2008) |
| Website | http://www.officemax.com/ |
OfficeMax (NYSE: OMX), is an American office supplies retailer that was founded in 1988 and is headquartered in Naperville, Illinois.
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[edit] History
OfficeMax Incorporated (NYSE: OMX) is a leader in both business-to-business office products, solutions, and retail office products. The company provides office supplies and paper, in-store print and document services through OfficeMax ImPress™, technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax customers are served by approximately 35,000 associates through direct sales, catalogs, e-commerce and more than 900 stores.
OfficeMax Incorporated (formerly Boise Cascade Corporation) was organized as Boise Payette Lumber Company, a Delaware corporation, in 1931 as a successor to an Idaho corporation formed in 1913. In 1957, the company's name changed to Boise Cascade Corporation. On December 9, 2003, Boise Cascade Corporation acquired 100 percent of the voting securities of OfficeMax, Inc. That acquisition more than doubled the size of the office products distribution business and expanded that business into the U.S. retail channel. The company's name changed from Boise Cascade Corporation to OfficeMax Incorporated, and the names of the office product segments changed from Boise Office Solutions, Contract and Boise Office Solutions, Retail to OfficeMax, Contract and OfficeMax, Retail.
On October 29, 2004, the company sold its paper, forest products and timberland assets to affiliates of Boise Cascade, L.L.C., a new company formed by Madison Dearborn Partners LLC. With the Sale, the Company completed its transition from a predominately manufacturing-based company to an independent office products distribution company.
[edit] Adopt-A-Classroom
OfficeMax has maintained a partnership with Adopt-A-Classroom since 2007 where over 1,000 teachers are surprised with a box of supplies valued at $1,200. The majority of the schools selected are Title 1 schools, in which 40% or more of the student body is subsidized with the free school lunch program. The teachers were selected through a nomination by the school's principal based on merit. The cause program has gone on to win national awards including the Peter Glen Award at the 2008 Retail Advertising & Marketing Association conference.
[edit] Key People
Ravi K. Saligram has been the CEO of OfficeMax since November 2010. He is a vegetarian by religion. Saligram is from India, but he has lived in the United States of America for the majority of his life. He has held multiple high positions in other companies. Prior to OfficeMax, he was with the Aramark Corporation from 2003 - 2010 as the President, Chief Globalization Officer, and Executive Vice President. Saligram started his career at Leo Burnett. He then went to InterContinental Hotels Group and then went to SC Johnson Wax. OfficeMax is the first company he has been CEO of.
Michael Lewis is the President of Retail and the Executive Vice President of OfficeMax. He previously served as a global head for Wal-Mart. Prior to that, Lewis was the President of the Midwest Branch of Wal-Mart for five years. From 1995 - 2003, he was the president of Conquest Management Corporation. Lewis's alma mater is Queen's University in Kingston, Ohio.
Deborah A. O'Connor has been the Chief Accounting Officer since 2007. She was the Chief Accounting Officer at Service Master previously. She started her career at Arthur Anderson. O'Connor went to Northern Illinois University and Arizona State University. She is currently 49 years of age.
Bruce Besanko is the Chief Financial Officer and Chief Administrative Officer of OfficeMax. He joined OfficeMax in 2009. From 2007 - 2009, Besanko was the CFO of Circuit City. From 2005 - 2007, he was the Executive Vice President of the Yankee Candle Company. He served as Vice President of Best Buy from 2002 - 2005. He worked at Sears, Roebuck & Co., and Atlantic Richfield Company from 1992 - 2002. He went to the University of Cincinnati and the University of Chicago. Before his business career, Besanko worked in the Air Force for more than 25 years. He received multiple military awards.
Carolynn Brooks has been the Chief Diversity Officer of OfficeMax since 2006. She has worked at OfficeMax since 2001, but was promoted to CDO in 2006. Mrs. Brooks attended Howard University.
[edit] See also
- Grand and Toy - Officemax's Canadian subsidiary
[edit] References
officemax.com
