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Sam K. Duncan 
OfficeMax (OMX) |
2009 Annual Comp.
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$4,229,668
$3,190,417
$0
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Base Salary |
$1,030,000 |
| Cash Bonus |
$1,533,670 |
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Stock Gains
Stock Expense
Stock Granted
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$576,000
$464,876
$0
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Options Gains
Options Expense
Options Granted
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$928,127
$0
$0
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| Other |
$161,871 |
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FYE 12/31/09 |
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Biography
Sam K. Duncan, age 58, joined our board of directors in 2005. Mr. Duncan became the chairman and chief executive officer of the company in 2005. Prior to his election as chief executive officer of the company, Mr. Duncan was president and chief executive officer of ShopKo Stores, Inc., a multi-department retailer, from October 2002 to April 2005. From 1992 to 2002, Mr. Duncan held various merchandising and executive positions with Fred Meyer, Inc. (a division of The Kroger Co.) a grocery retailer, including: president of Fred Meyer from February 2001 to October 2002 and president of Ralph's Supermarkets from 1998 to 2001. Mr. Duncan began his retail career in the supermarket industry in 1969 with Albertson's, Inc., where he held various merchandising positions until 1992. Mr. Duncan has been a director of Nash-Finch Company since 2007 and was a director of ShopKo Stores, Inc. from 2002-2005. The retail leadership experience reflected in Mr. Duncan's summary, as well as his performance as our chief executive officer and chairman of our board and his experience as a board member for other large and/or public companies, led the board to conclude that he should again be nominated as a director.
| Board Memberships |  | Nash-Finch Member of the Board of Directors |  | OfficeMax Chair of the Board | | Former Named Executive Positions |  | Shopko Stores President and Chief Executive Officer | | Former Board Affiliations |  | Shopko Member of the Board of Directors |
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Accumulated Wealth
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Total |
$6,828,516 |
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Equity Holdings |
$4,667,653 |
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Pension Balance |
$2,160,863 |
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Deferred Comp. Balance |
$0 |
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