OfficeMax appoints Mike MacDonald to executive VP, president of global Contract organization; Steve Mongeau as senior VP of sales and growth initiatives, effective Aug. 15

Kendall Sinclair

NAPERVILLE, Illinois , August 12, 2011 (press release) – As part of its focus on building differentiated capabilities and expertise in its Contract organization, OfficeMax® Incorporated (NYSE: OMX) today announced that it has appointed Mike MacDonald as executive vice president and president of the global Contract organization and Steve Mongeau as senior vice president of sales and growth initiatives, effective August 15, 2011.

Mr. MacDonald will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of the global Contract business P&L. Mr. Mongeau will report to Mr. MacDonald and will spearhead initiatives to enhance the company's proposition for small to mid-market customers and the sales aspects of growth opportunities such as print services and solutions. In addition, the OfficeMax Contract leadership team, including the field sales and vertical leaders, functional heads and the leaders of the customer service operations team and the Australia/New Zealand and Canada business will report to Mr. MacDonald. He will also oversee OfficeMax's relationship in Europe with Lyreco to serve OfficeMax's global customers.

"The appointment of these two strong leaders to our Contract business is an exciting and pivotal move as we drive innovation and expand our offerings to targeted segments of our business customers," said Mr. Saligram.

Mr. MacDonald has more than 30 years of experience at Xerox Corporation in general management, sales and marketing leadership roles. His last 10 years of experience includes serving as president of North America, where he had P&L responsibility for all products, services and solutions sold by the direct sales force representing about $6.5 billion in revenue, president of marketing operations and global accounts; and most recently corporate senior vice president of operational effectiveness. He also served on the company's strategy committee. He currently serves as lead director for PAETEC Holding Corporation and is a director of Medifast, Inc. He is a graduate of Rutgers University.

"Mike has a proven track record at Xerox of growing sales and profits and driving successful turnarounds while building strong teams," said Mr. Saligram. "His strong general management expertise, as well as experience in all areas of the services business including global account management, pricing, marketing and operations will help grow our business and accelerate momentum in our Contract organization."

Mr. Mongeau has extensive experience in driving sales efforts for office solutions and leading small businesses. He was most recently chief executive officer of Pietzo Hybrid Electric Bikes in Bedford, Mass., and prior to that, senior vice president of sales and marketing for Eduventures, Inc. in Boston. He previously spent 14 years with Staples, Inc., including serving as senior vice president of Staples Business Advantage where he drove significant growth. He was also vice president of sales and marketing for Staples Direct, where he helped develop and grow a direct/delivery model for small business customers. He is a graduate of Cornell University and serves as chair of the board of directors for Samaritans of greater Boston.

"Steve is a talented and dynamic leader who has a recognized ability to develop new opportunities and drive profitable growth," said Mr. Saligram. "He has an entrepreneurial spirit and a proven ability to scale emerging businesses in the office products industry including growing the small and mid-market customer segments. He is uniquely qualified to drive our growth initiatives and I look forward to his joining the team."


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®, technology products and solutions, and furniture to businesses and individual consumers. OfficeMax customers are served by approximately 30,000 associates through direct sales, catalogs, e-commerce and nearly 1,000 stores. To find the nearest OfficeMax, call 1-877-OFFICEMAX. For more information, visit www.officemax.com.

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