People: OfficeMax Inc (OMX.N)
OMX.N on New York Stock Exchange
11.49USD
2:02pm EDT
11.49USD
2:02pm EDT
Price Change (% chg)
$-0.01 (-0.09%)
$-0.01 (-0.09%)
Prev Close
$11.50
$11.50
Open
$11.43
$11.43
Day's High
$11.52
$11.52
Day's Low
$11.38
$11.38
Volume
123,096
123,096
Avg. Vol
362,886
362,886
52-wk High
$14.91
$14.91
52-wk Low
$4.45
$4.45
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Rakesh Gangwal |
59 | 2010 | Independent Chairman of the Board, Lead Director |
Ravichandra Saligram |
56 | 2010 | President, Chief Executive Officer, Director |
Bruce Besanko |
54 | 2009 | Chief Financial Officer, Executive Vice President, Chief Administrative Officer |
Stephen Parsons |
48 | 2011 | Chief Human Resource Officer, Executive Vice President |
Matthew Broad |
53 | 2004 | Executive Vice President, General Counsel |
James Barr |
50 | 2011 | Executive Vice President, Chief Digital Officer |
John Kenning |
51 | 2012 | Executive Vice President, President - Contract Business |
Ronald Lalla |
54 | 2012 | Executive Vice President and Chief Merchandising Officer |
Michael Lewis |
62 | 2011 | Executive Vice President, President - Retail |
Larry Hartley |
47 | 2005 | Senior Vice President - Supply Chain |
Deborah O'Connor |
50 | 2013 | Interim Chief Financial Officer |
Warren Bryant |
67 | 2004 | Independent Director |
Francesca Ruiz de Luzuriaga |
58 | 1998 | Independent Director |
Joseph DePinto |
50 | 2006 | Independent Director |
V. James Marino |
62 | 2011 | Independent Director |
William Montgoris |
66 | 2007 | Independent Director |
David Szymanski |
56 | 2004 | Independent Director |
Biographies
| Name | Description |
|---|---|
Rakesh Gangwal |
Mr. Rakesh Gangwal is Independent Chairman of the Board, Lead Director of OfficeMax Inc. From June 2003 to August 2007, Mr. Gangwal was the Chairman, President and Chief Executive Officer of Worldspan Technologies, Inc., a provider of travel technology and information services to the travel and transportation industry. From 2002 to 2003, Mr. Gangwal was involved in various personal business endeavors, including private equity projects and consulting projects. He was the President and Chief Executive Officer of US Airways Group, Inc., the parent corporation for US Airways’ mainline jet and express divisions as well as several related companies, from 1998 until his resignation in 2001. Mr. Gangwal was also the President and Chief Executive Officer of US Airways, Inc., the main operating arm of US Airways Group, from 1998 until his resignation. He was the President and Chief Operating Officer of US Airways Group, Inc., and US Airways, Inc., from 1996 to 1998. On August 11, 2002, US Airways Group, Inc., and its seven domestic subsidiaries, including its principal operating subsidiary, US Airways, Inc., filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia. US Airways Group, Inc., and its subsidiaries emerged from bankruptcy protection under the First Amended Joint Plan of Reorganization of US Airways Group, Inc., and Affiliated Debtors and Debtors-in-Possession, as Modified, which became effective on March 31, 2003. Mr. Gangwal has been a director of PetSmart, Inc., a specialty retailer of pet products and services, since 2005 and a director of CarMax, Inc., a retailer of used cars, since 2011. |
Ravichandra Saligram |
Mr. Ravichandra K. Saligram is President, Chief Executive Officer, Director of Officemax Inc. Mr. Saligram had been Executive Vice President, ARAMARK Corporation (“ARAMARK”), a global professional services company, since November 2006, President, ARAMARK International since June 2003, and ARAMARK’S Chief Globalization Officer since June 2009. Mr. Saligram held the position of Senior Vice President, ARAMARK from November 2004 until November 2006. From 1994 until 2002, Mr. Saligram served in various capacities for the InterContinental Hotels Group, a global hospitality company, including as President of Brands & Franchise, North America; Chief Marketing Officer & Managing Director, Global Strategy; President, International; and President, Asia Pacific. Earlier in his career, Mr. Saligram held various general and brand management positions with S. C. Johnson & Son, Inc. in the United States and overseas. Since 2006, he has been a director of Church & Dwight Co., Inc., a consumer and specialty products company. |
Bruce Besanko |
Mr. Bruce H. Besanko is no longer Chief Financial Officer, Executive Vice President, Chief Administrative Officer of Officemax Inc., effective August 6, 2013. He was first elected an officer of the Company in February 2009. Mr. Besanko has served as executive vice president and chief financial officer of the Company since that time, and as chief administrative officer since October 2009. Mr. Besanko previously served as executive vice president and chief financial officer of Circuit City Stores, Inc. (“Circuit City”), a specialty retailer of consumer electronics and related services, from July 2007 to February 2009. Prior to that, Mr. Besanko served as senior vice president, finance and chief financial officer for The Yankee Candle Company, Inc., a designer, manufacturer, wholesaler and retailer of premium scented candles, since April 2005. He also served as vice president, finance for Buy Co., Inc., a retailer of consumer electronics, home office products, entertainment software, appliances and related services, from 2002 to 2005. On November 10, 2008, Circuit City and several of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia. Circuit City’s Chapter 11 plan of liquidation was confirmed by the Bankruptcy Court on September 14, 2010. Pursuant to the plan of liquidation, Circuit City and its subsidiaries are liquidating their remaining assets. |
Stephen Parsons |
Mr. Stephen B. Parsons is Chief Human Resource Officer, Executive Vice President of OfficeMax Inc. From February 2008 to July 2011, Mr. Parsons served as senior vice president, human resources and labor relations, of Rite Aid Corporation (“Rite Aid”), a retail drug store chain. In that role, he was responsible for all aspects of human resources and change management, serving 92,000 associates across more than 4,700 stores and 12 distribution centers. From June 2007 to February 2008 he served as group vice president, human resources for Rite Aid. From June 2005 until its acquisition by Rite Aid in June 2007, Mr. Parsons served as senior vice president, human resources, of Brooks Eckerd Pharmacy, North America’s retail drug store chain prior to its acquisition by Rite Aid. |
Matthew Broad |
Mr. Matthew R. Broad is Executive Vice President, General Counsel of Office Max Inc. Prior to that time Mr. Broad served as associate general counsel for Boise Cascade Corporation. |
James Barr |
Mr. James Barr, IV, is Executive Vice President, Chief Digital Officer of OfficeMax Inc. From March 2010 to November 2011, Mr. Barr served as chief executive officer of Barr & Associates, a provider of ecommerce consulting services. Prior to that, from January 2008 to March 2010, he served as president, online for Sears Holdings Corporation, a department store. In this position he held full P&L accountability for multi-channel strategy and online sites such as sears.com and kmart.com. From 1996 to 2008, Mr. Barr held various positions at Microsoft Corporation, a computer software company. He served as Microsoft Corporation’s general manager, e-commerce and marketplaces from 2001 to 2008. In that position he had full business responsibility and led the global business-to-consumer e-commerce strategy. Mr. Barr is a graduate of Miami University and received a Master of Business Administration degree from The University of Chicago Booth School of Business. |
John Kenning |
Mr. John C. Kenning is Executive Vice President of Officemax Inc., and President - Contract Business of OfficeMax Inc. Mr. Kenning has more than 25 years of experience sales, marketing and operations teams at enterprise companies. Most recently, he was president, North America Commercial for ADT Security Services where he was responsible for the complete North American P&L including $2 billion in revenue and 10,000 employees. In that role, he had direct responsibility for all aspects of the business, including sales, applications, operations, IT, HR, legal and North American monitoring facilities. Prior to that, Mr. Kenning was senior vice president, global strategic sales and global partners for Nortel Networks, Inc. where he championed Nortel's transition from a product-focused company to a solutions company. Mr. Kenning holds a Bachelor of Science degree in business from Miami University in Oxford, Ohio. He was past board member of Make-A-Wish Foundation. |
Ronald Lalla |
Mr. Ronald Lalla is Executive Vice President and Chief Merchandising Officer of Officemax Inc. From April 2008 until March 2011, Mr. Lalla served as chief merchandising officer and chief technology officer of Katz Group Canada Ltd., one of Canada’s drug store operators with more than 1,800 drug stores across the country. In that position he was responsible for developing and executing Katz Group’s merchandising and marketing strategy. Prior to that, from January 2003 to January 2008, Mr. Lalla served as executive vice president, global merchandising at Corporate Express Inc., an office supply company, where he was responsible for global merchandising and sourcing strategy. Prior to his time at Corporate Express Inc., he held several leadership positions of increasing responsibility at Kmart Corporation, a mass merchandise retailer. |
Michael Lewis |
Mr. Michael J. Lewis is Executive Vice President of Officemax Inc., and President - Retail of Officemax Inc. From 2010 until early 2011, Mr. Lewis served as global head of a Merchandising Center for Wal-Mart Stores, Inc. (“Wal-Mart”), an international mass-merchandise retailer, and was responsible for brand management and supply chain and supported all merchandising for Wal-Mart private brands in the grocery and personal care businesses. Prior to that, Mr. Lewis was President of Wal-Mart’s Midwest division from 2005 to 2010, with responsibility for more than 850 Wal-Mart stores and more than 250,000 associates. He also served as President of the Retail Division of Nash Finch Company, a national, wholesale food distributor, from 2003 to 2005. Prior to that, Mr. Lewis was the President of Conquest Management Corporation, an investment and management consulting firm specializing in growth strategies for retail and consumer goods companies, from 1995 to 2003. Mr. Lewis is a graduate of Queen's University in Kingston, Ontario, and received his master's of business administration degree in marketing and finance from York University in Toronto, Ontario. |
Larry Hartley |
Mr. Larry A. Hartley is Senior Vice President - Supply Chain of Officemax Inc. Prior to that, Mr. Hartley had served as vice president, logistics for Boise Cascade Corporation since 2001. |
Deborah O'Connor |
Ms. Deborah A. O'Connor has been appointed as Interim Chief Financial Officer of Officemax Inc., effective August 7, 2013. Previously she served as Senior Vice President - Finance, Chief Accounting Officer of the Company since July 8, 2008. Since that time, Ms. O’Connor has been senior vice president, finance and chief accounting officer of the Company. Ms. O’Connor previously served as senior vice president and controller of the ServiceMaster Company, a company providing residential and commercial lawn care, landscape maintenance, termite and pest control, home warranty, cleaning and disaster restoration, furniture repair, and home inspection services, from December 1999 to December 2007. |
Warren Bryant |
Mr. Warren F. Bryant is Independent Director of OfficeMax Inc. From 2002 to 2008, Mr. Bryant served as a Director and the President and Chief Executive Officer of Longs Drug Stores Corporation, a retail drug store chain on the West Coast and in Hawaii. From 2003 to 2008 he served as the Chairman of the Board of Longs Drug Stores. Mr. Bryant served as Senior Vice President of The Kroger Co., a retail grocery chain, from 1999 to 2002. From 1996 to 1999, he served as President and Chief Executive Officer of Dillon Companies, Inc., a retail grocery chain and subsidiary of The Kroger Co. Mr. Bryant also served as a director of The National Association of Chain Drug Stores from 2003 to 2008 and as Chairman of the Association during 2008. Mr. Bryant previously served as a director of Longs Drug Stores Corporation (2002-2008) and Pathmark Stores, Inc., a retail grocery chain (2004-2005). Since 2009, Mr. Bryant has served as a director of Dollar General Corporation, a discount retailer, and, since 2010, Mr. Bryant has served as a director of George Weston Limited, a food processing and distribution company. |
Francesca Ruiz de Luzuriaga |
Ms. Francesca Ruiz de Luzuriaga is Independent Director of OfficeMax Inc. From 1999 to 2000, Ms. Luzuriaga served as the Chief Operating Officer of Mattel Interactive, a business unit of Mattel, Inc., one of the toy manufacturers in the world. Prior to holding this position, she served Mattel as its Executive Vice President, Worldwide Business Planning and Resources, from 1997 to 1999 and as its Chief Financial Officer from 1995 to 1997. Since leaving Mattel in 2000, Ms. Luzuriaga has been working as an independent business development consultant. From 2002 until 2005, she was also a director of Providian Financial Corporation. Since January 2012, she has been a director of SCAN Health Plan, a not-for-profit Medicare Advantage health plan. |
Joseph DePinto |
Mr. Joseph M. DePinto is Independent Director of OfficeMax Inc. Mr. DePinto has been the President and Chief Executive Officer of 7-Eleven, Inc., a convenience retailer, since December 2005. Prior to joining 7-Eleven, Inc., Mr. DePinto served as the President of GameStop Corp., a video game and entertainment software retailer, beginning in March 2005. Mr. DePinto was the Vice President of Operations of 7-Eleven from March 2002 until he joined GameStop Corp. in March 2005. Prior to March 2002, Mr. DePinto was Senior Vice President and Chief Operating Officer of Thornton Oil Corp., an independent gasoline/convenience-chain retailer. From 2008 until 2010, Mr. DePinto was a director of Jo-Ann Stores, Inc., a specialty retailer. Since 2010, he has been a director of Brinker International, Inc., an owner, operator and franchisor of restaurant brands. |
V. James Marino |
Mr. V. James Marino is Independent Director of OfficeMax Inc. From 2006 until his retirement in August 2011, Mr. Marino was President and Chief Executive Officer of Alberto-Culver Company, a personal care products company. Prior to holding that position, Mr. Marino served as President of Alberto-Culver Consumer Products Worldwide from 2004 to November 2006 and as President of Alberto Personal Care Worldwide, a division of Alberto-Culver Company, from 2002 to 2004. Mr. Marino has been a member of the board of directors of PVH Corp., apparel company, since 2007. He was also a member of the board of directors of Alberto-Culver Company from 2006 to 2011. |
William Montgoris |
Mr. William J. Montgoris is Independent Director of OfficeMax Inc. Mr. Montgoris was the Chief Operating Officer of The Bear Stearns Companies Inc., global investment banking, securities trading and brokerage firm, from 1993 until his retirement in 1999. Prior to holding this position, he served Bear Stearns as its Chief Financial Officer from 1987 to 1993 and as a Senior Managing Director from 1985 to 1987. Mr. Montgoris currently serves on the Board of Trustees of Hackensack Medical Center and Colby College. In addition, he has been a director of Carters, Inc., a branded marketer of apparel for babies and children, since 2007 and Stage Stores, Inc., a specialty department store retailer, since 2004. Mr. Montgoris has been the independent Chairman of the Board at Stage Stores, Inc. since 2009. Mr. Montgoris served on the Board of Trustees of The Reserve Funds of money market mutual funds, from 2007 to 2009, and since 2009, has served as a consultant to the independent trustees of The Reserve Funds. |
David Szymanski |
Dr. David M. Szymanski is Independent Director of OfficeMax Inc., since 2004. Dr. Szymanski became the Dean of the University of Cincinnati College of Business in 2010. Prior to that, Dr. Szymanski was a Professor of Marketing at Texas A&M University, where he had served since 1987. Dr. Szymanski served as the Director of the Center for Retailing Studies at Texas A&M University from 2000 to 2006. From 2004 until 2010, Dr. Szymanski was a director of Zale Corporation, a specialty retailer of jewelry. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Rakesh Gangwal |
-- |
Ravichandra Saligram |
5,134,890 |
Bruce Besanko |
1,406,160 |
Stephen Parsons |
-- |
Matthew Broad |
1,233,260 |
James Barr |
-- |
John Kenning |
1,458,040 |
Ronald Lalla |
-- |
Michael Lewis |
1,430,440 |
Larry Hartley |
-- |
Deborah O'Connor |
944,970 |
Warren Bryant |
-- |
Francesca Ruiz de Luzuriaga |
-- |
Joseph DePinto |
-- |
V. James Marino |
-- |
William Montgoris |
-- |
David Szymanski |
-- |
As Of 28 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Rakesh Gangwal |
0 | 0 |
Ravichandra Saligram |
0 | 0 |
Bruce Besanko |
0 | 0 |
Stephen Parsons |
0 | 0 |
Matthew Broad |
0 | 0 |
James Barr |
0 | 0 |
John Kenning |
0 | 0 |
Ronald Lalla |
0 | 0 |
Michael Lewis |
0 | 0 |
Larry Hartley |
0 | 0 |
Deborah O'Connor |
0 | 0 |
Warren Bryant |
0 | 0 |
Francesca Ruiz de Luzuriaga |
0 | 0 |
Joseph DePinto |
0 | 0 |
V. James Marino |
0 | 0 |
William Montgoris |
0 | 0 |
David Szymanski |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SZYMANSKI DAVID M |
8,733 | $0.00 |
MONTGORIS WILLIAM J |
8,733 | $0.00 |
MARINO VINCENT JAMES |
8,733 | $0.00 |
DE LUZURIGA FRANCESCA RUIZ |
8,733 | $0.00 |
DEPINTO JOSEPH MICHAEL |
8,733 | $0.00 |
O CONNOR DEBORAH A |
10,000 | $0.00 |
BRYANT WARREN F |
8,733 | $0.00 |
GANGWAL RAKESH |
8,733 | $0.00 |
BROAD MATTHEW R |
9,845 | $10.90 |
BROAD MATTHEW R |
7,000 | $11.25 |
HARTLEY LARRY |
15,610 | $12.60 |
HARTLEY LARRY |
5,240 | $5.57 |
HARTLEY LARRY |
17,600 | $4.80 |
LEWIS MICHAEL JAMES |
1,618 | $11.35 |
BARR JAMES IV |
10,000 | $12.51 |
BARR JAMES IV |
15,000 | $12.05 |
BARR JAMES IV |
25,000 | $5.51 |
PARSONS STEPHEN B |
30,770 | $0.00 |
LEWIS MICHAEL JAMES |
30,770 | $0.00 |
BESANKO BRUCE H |
32,692 | $0.00 |
O CONNOR DEBORAH A |
15,384 | $0.00 |
LALLA RONALD |
30,770 | $0.00 |
KENNING JOHN C |
32,692 | $0.00 |
BROAD MATTHEW R |
34,616 | $0.00 |
HARTLEY LARRY |
21,154 | $0.00 |

