Out of the Office

OfficeMax Inc. (Itasca, Ill.) has announced the resignation of Gary Peterson, president of the company’s retail division, effective immediately.

The company noted that the timing of Peterson’s departure is unrelated to its current investigation into allegations of impropriety regarding vendor promotional payments.

“Gary played an instrumental role in the integration of OfficeMax and Boise Office Solutions following the merger of the two companies approximately one year ago, and his leadership will be missed,” said Chris Milliken, OfficeMax president and ceo.

The company said it will commence a search for Peterson’s replacement immediately.