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OfficeMax Appoints Chief Merchant

3/16/2012 09:27:47 AM Eastern

Naperville, Ill. - OfficeMax has hired Ronald Lalla as executive
VP, chief merchandising officer, effective March 19.

Lalla, formerly chief merchandising officer and chief technology
officer for Katz Group, a Canadian drug store chain, will serve as a member of
OfficeMax's executive committee and will have responsibility for all aspects of
enterprise-wide merchandising, including category management, strategic product
planning, global sourcing, private label expansion and cost-of-goods-sold
initiatives.

He will report to retail president and executive VP Michael
Lewis.

Lalla is OfficeMax's second senior-level hire this month,
following the appointment of former ADT division president John Kenning as contract
president and executive VP.

In February the No. 3 office-supply chain reported a 76 percent
decline in fourth-quarter profits due to inventory markdowns, higher fuel costs,
increased promotional activity and one-time charges.