Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published Thursday, February 11, 2010 at 2:32 PM

Comments (0)     E-mail E-mail article      Print Print      Share Share

OfficeMax: CEO Sam Duncan to retire in 2011

OfficeMax Inc. said Thursday its chairman and chief executive will retire early next year and the office-supply retailer plans to launch a national search for a new CEO.

The Associated Press

NAPERVILLE, Ill. —

OfficeMax Inc. said Thursday its chairman and chief executive will retire early next year and the office-supply retailer plans to launch a national search for a new CEO.

Sam Duncan has been chief executive since 2005. He plans to retire on Feb. 28, 2011 and also will step down from the board at that time.

The company said it will consider both internal and outside candidates for his replacement. Duncan has agreed to stay on until a successor is in place.

OfficeMax shares added 48 cents, or 3.4 percent, to $14.52 on Thursday. The stock was unchanged in after-market trading.

E-mail E-mail article      Print Print      Share Share

More Business & Technology

UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case

UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip

UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award

UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall

NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook

More Business & Technology headlines...

Comments
No comments have been posted to this article.

advertising


Get home delivery today!

Video

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

Track envisioned as a playground for wealthy gearheadsnew
In the shadow of the Santa Rosa Mountains in Southern California, a private playground for some of the nation's wealthiest gearheads is rising out of ...
Post a comment

Advertising