| CEO Name | Gerry Smith |
| Nationality | United States |
| Net Worth Estimation | $40 million |
Gerry Smith, current CEO of OfficeMax's parent company Office Depot, Inc., has an estimated net worth of around $40 million due to his executive compensation packages, stock grants, and leadership roles at companies like Lenovo and Dell prior to Office Depot. His net worth is calculated based on SEC filings, salary disclosures, and equity holdings as reported in financial media.
Gerry Smith, CEO of OfficeMax, has an estimated net worth of $40,000,000, which places him at 81.6% of the maximum net worth in the furniture business category. His net worth is also significantly higher than the minimum CEO net worth estimate of $1,000,000.
Business Category: Furniture
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Gerry Smith Performance in OfficeMax
Gerry Smith, former CEO of OfficeMax, demonstrated decisive leadership by streamlining operations and enhancing strategic focus during his tenure. His data-driven decision making emphasized cost reduction and customer-centric initiatives, driving improved financial performance. Smith's impact solidified OfficeMax's competitive position through operational efficiency and sustained revenue growth.
Latest News
OfficeMax CEO Resigns Amid Accounting Scandal
OfficeMax Inc. announced the resignation of CEO Christopher Milliken following revelations of misstated 2004 financial results and an internal accounting scandal involving fraudulent billing practices. The company also terminated several employees and faced significant stock declines due to the scandal.
Source: http://www.deseret.com/2005/2/15/19877353/officemax-chief-resigns-in-scandal/