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The Home Depot, Inc.

The Home Depot, Inc.

Sector: Lumber And Other Building Materials Dealers Region: GA, United States


: | New York Stock Exchange: HD


Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. It operates The Home Depot stores, which provides full-service, warehouse-style stores that sells a wide assortment of building materials, home improvement products and lawn and garden products and provide a number of services. The company offers national installation services through pre-screened independent contractors for products ranging from floors to roofs, windows to water heaters, and kitchen cabinets to vinyl siding. Its retail stores offer professional customers, including repair and remodel contractors, special services and support to make them more successful on the job site. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.

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Executives

Frank Blake, Chairman and CEO
​Frank Blake is the chairman and CEO of The Home Depot. Prior to his appointment to this position in 2007, he served as vice chairman of the board of directors and executive vice president of the Company. He joined The Home Depot in 2002 as executive vice president, business development and corporate operations, and was responsible for real estate, store construction, credit services, strategic business development, growth initiatives, call centers and the Home Services business.
Frank previously served as deputy secretary for the U.S. Department of Energy (DOE), a role similar to that of chief operating officer in the private sector. There, he was a leader in departmental policy decisions and managed DOE’s annual $19 billion budget. Prior to that, Frank served in a variety of executive roles at General Electric. As senior vice president, Corporate Business Development, he led all business development efforts, including worldwide mergers, acquisitions, dispositions and identification of strategic growth opportunities. As GE Power Systems’ head of business development, he played a key role in expanding that business into new technology and global marketplaces. He also held the position of general counsel at GE Power Systems. Frank’s public sector experience also includes having served as general counsel for the U.S. Environmental Protection Agency (EPA), deputy counsel to Vice President George Bush and law clerk to Justice Stevens of the U.S. Supreme Court.
Frank serves on the board of directors for the Georgia Aquarium. He holds a bachelor’s degree from Harvard University and a jurisprudence degree from Columbia University School of Law.
Carol B. Tomé​, Chief Financial Officer and Executive VP, Corporate Services
Chief Financial Officer and Executive Vice President, Corporate Services
Carol B. Tomé has served as chief financial officer since May 2001 and was named executive vice president of corporate services at The Home Depot in January 2007. She provides leadership in the areas of real estate, store construction, financial services, strategic business development and growth initiatives. Her corporate finance duties include financial reporting, financial planning and analysis, financial operations, divisional finance, internal audit, investor relations, treasury and tax.
Carol joined The Home Depot in 1995. Prior to that, she was vice president and treasurer of Riverwood International Corporation. Carol began her career as a commercial lender with United Bank of Denver (now Wells Fargo) and then spent several years as director of banking for the Johns-Manville Corporation.
In 2003, Carol joined the UPS board of directors and serves as chair of the audit committee. In January 2008, she joined the board of the Federal Reserve Bank of Atlanta, served as Board Chair for 3 years and now serves as vice-chair of the board. In 2012, Carol became the chair of the board of The Metropolitan Atlanta Chamber of Commerce and currently serves as immediate past chair.
She is an active volunteer, serving as a member of The Committee of 200 and a member of the Atlanta Botanical Garden board of directors.
In 2012, The Wall Street Journal ranked Carol No. 2 on its list of the best chief financial officers in corporate America and Fortune magazine listed her among the 50 Most Powerful Women in Business. In 2013, Carol was named a laureate and a member of the Junior Achievement of Georgia Business Hall of Fame. In 2011, she received a distinguished alumna award from the University of Wyoming. Carol was recognized with the 2009 Lettie Pate Whitehead Evans award by BDN Network and the 2009 CFO of the Year award by the CFO Roundtable. She ranked No. 16 in Forbes magazine’s 2008 list of the World’s 100 Most Powerful Women and was included by The Wall Street Journal on its list of 50 Women to Watch in 2007.
Carol holds a bachelor’s degree in communication from the University of Wyoming and a Master of Business Administration in finance from the University of Denver.
Matt Carey, ​Executive Vice President & Chief Information Officer
Matt Carey is executive vice president and chief information officer for The Home Depot. He is responsible for all aspects of the information technology infrastructure, including communication networks and retail systems across the Company’s 2,000-plus stores and store support centers in the U.S., Canada, Mexico and China. Matt also is responsible for the Company’s IT strategy, including the development and execution of technologies used in stores, online and in the supply chain.
Before joining The Home Depot in 2008, Matt served as senior vice president and chief technology officer at eBay. In that role, he was responsible for product development, site operations, electronic security, product planning, platform engineering, data warehousing, trust and safety, and catalog operations for eBay Marketplaces.
Prior to joining eBay in 2006, Matt spent more than 20 years with Wal-Mart, where he was senior vice president and chief technology officer. During his tenure at Wal-Mart, he managed the rollout of the wireless RF infrastructure, had responsibility for the company's Mainframe Large Systems and Data Warehouse, and led the implementation and integration of Walmart.com, Samsclub.com and the grocery home delivery business in the U.K. He also was responsible for implementing Goodlinks, which provided wireless real-time e-mail and calendaring functions.
Matt earned an associate’s degree in information systems from Oklahoma State University – Okmulgee.
Brad Shaw, Vice President, Corporate Communications & External Affairs
Brad Shaw is the vice president of corporate communications and external affairs. He is responsible for global corporate communications, public relations, crisis communications, social media, community affairs, The Homer Fund, The Home Depot Foundation and events management.
Prior to joining the Company in 2004, Brad served as senior vice president of corporate communications at Gateway Inc. His responsibilities included all aspects of corporate communications and external affairs. In 2002, he assumed responsibility for Gateway’s marketing communications and advertising, including the company’s Olympic sponsorship during the 2002 Salt Lake City Games, as well as the successful implementation of a companywide rebranding effort.
Before joining Gateway, Brad held a variety of communications positions, including director and senior manager for The Pepsi-Cola Company. He also served in senior account management positions for Ketchum Public Relations and Doremus Public Relations in New York.
Brad is actively involved in philanthropic efforts. He serves on the board of directors for The Points of Light Foundation, Ken’s Krew, The Home Depot Foundation and The Homer Fund, an associate-funded nonprofit that provides short-term assistance to Home Depot associates who encounter hardship due to catastrophic circumstances. Brad also previously served on the board of directors of KaBOOM!, a nonprofit organization that links communities and corporations together to provide children with safe, accessible playspaces.
Brad is a member of The Arthur W. Page Society, an organization for senior public relations and corporate communications executives, and has guest lectured at Harvard Business School, New York University, Emory University, Washington and Lee University, University of Southern California and the College of Charleston. He earned a bachelor’s degree in journalism from Washington and Lee University in Lexington, Va.
Ricardo Saldivar, President, Mexico Division
Ricardo Saldívar is the president of The Home Depot Mexico Division. He is responsible for the sales and operations of 69 stores and leads a team of 9,000 associates. Ricardo joined The Home Depot in 2001 after the Company acquired Total HOME in Mexico. Previously, he was president and CEO of Total HOME, a subsidiary of Grupo Alfa, a leading Mexican conglomerate where he spent 21 years. Additionally, he served as chief of staff of Alfa’s emerging business division, responsible for strategic business development and finance of the division’s business units. Ricardo held various senior executive positions for more than 15 years. He spent the early part of his career with other Alfa business units in the steel, petrochemical, pulp and paper industries.
Ricardo served on the board of directors of several Alfa subsidiaries, including Nemak, a joint venture with Ford Motor Co.; Alestra, a joint venture with AT&T; and Terza, a joint venture with Shaw Industries.
Currently, Ricardo serves as a board member of ANTAD (Mexico’s National Association of Retail and Department Stores), where he is vice president of the specialty retail group. He also is a board member of FEMSA, the largest integrated beverage company in Latin America.
Ricardo is active in philanthropic efforts. He serves as president of Vida y Salud ABP, a Mexican nonprofit association that seeks healthcare and education for low-income individuals.
Ricardo earned a bachelor’s degree in mechanical and industrial engineering from Monterrey Tech and a master’s degree in systems engineering from Georgia Tech. He holds a diploma in business from IPADE, a leading business school in Mexico.
Teresa Roseborough, Executive VP, General Counsel and Corporate Secretary
Teresa Wynn Roseborough is the executive vice president, general counsel and corporate secretary for The Home Depot. She is responsible for all legal functions worldwide, including securities, litigation, employment, mergers and acquisitions, real estate, store operations, risk management and intellectual property. She also is responsible for the Company’s government relations and corporate security services.
Teresa has more than 25 years of legal experience. Before joining The Home Depot in 2011, Teresa held several positions in the legal department of MetLife, including deputy general counsel and senior chief counsel for litigation and compliance. Prior to MetLife, Teresa was a partner at Sutherland Asbill & Brennan LLP, where her practice focused on complex litigation matters at both the trial and appellate level, including before the U.S. Supreme Court. Teresa’s professional background includes government service as deputy assistant attorney general for the U.S. Department of Justice, where she provided legal counsel to the White House and all executive branch agencies; as a law clerk for Justice John Paul Stevens of the U.S. Supreme Court and Judge James Dickson Phillips of the U.S. Court of Appeals for the Fourth Circuit; and as an employee of the Department of Defense in West Germany.
Teresa was named one of 25 Influential Black Women in Business by The Network Journal and as one of America’s top black attorneys by Black Enterprise. Her civic involvements include serving as a public member of the Administrative Conference of the U.S., a fellow of the American Academy of Appellate Lawyers, and a member of the boards of directors of the Lawyers’ Committee for Civil Rights and the Lawyers Foundation of Georgia.
Teresa earned a bachelor of arts degree from the University of Virginia, a master’s degree in education from Boston University, and a juris doctor with high honors from the University of North Carolina School of Law, where she was editor-in-chief of the Law Review.
Marvin Ellison, ​Executive Vice President, U.S. Stores
Marvin Ellison is the executive vice president of U.S. stores for The Home Depot. He is responsible for driving alignment and execution across the Company’s retail divisions and overseeing operations of more than 1,972 stores in the United States, Guam, Puerto Rico and the U.S. Virgin Islands. Marvin has nearly 30 years of retail experience and has served in a variety of operational roles at The Home Depot since joining the Company in 2002. Before his promotion to EVP of U.S. stores in August of 2008, Marvin was president of the Northern Division of The Home Depot. He was responsible for the sales and operations of more than 650 stores in 21 Midwest and Northeastern states and led a team of more than 110,000 associates. Previously, Marvin served as senior vice president of global logistics for the Company. His team oversaw all domestic distribution, transportation, store and appliance delivery, import distribution and international logistics throughout the United States, Canada, Mexico, China and more than 35 other countries. Prior to his role in Global Logistics, Marvin was the vice president of loss prevention. Before joining The Home Depot, Marvin spent 15 years with Target Stores in a variety of operational roles. Marvin serves on the board of directors for H&R Block and the Atlanta Police Foundation. Marvin is actively involved in philanthropic efforts including inner-city school renovations, as well as mentoring programs aimed at developing inner-city youth. Marvin earned a business administration degree in marketing from the University of Memphis and a Master of Business Administration from Emory University.
Craig Menear, Executive VP, Merchandising
Craig Menear is the executive vice president of merchandising for The Home Depot. In addition to being responsible for all merchandising departments, services and strategy, Craig oversees the supply chain network, global sourcing and vendor management. He also is responsible for the Company’s marketing and online business activities. Previously, Craig held several positions of increasing responsibility at the Company, including senior vice president merchandising of hardlines, merchandising vice president of hardware, merchandising vice president of the Southwest Division and divisional merchandise manager of the Southwest Division.
Craig has 32 years of experience in the retail and hardware home improvement industry. Prior to joining The Home Depot in 1997, Craig held various merchandising positions within the retail industry with companies such as IKEA, Builders Emporium, Grace Home Centers and Montgomery Ward, as well as operating an independent retail business.
Craig earned a Bachelor of Arts from Michigan State University’s College of Business.
Bill Lennie, President, The Home Depot Canada
Bill Lennie is president of The Home Depot Canada. He is responsible for the sales and operations of more than 170 stores in Canada and leads a team of approximately 28,000 associates.
Previously, Bill served as senior vice president of merchandising for the Company. He was responsible for global sourcing, proprietary brands, environmental innovation and Your “other” Warehouse, a plumbing distributor owned by The Home Depot. In addition, he was responsible for our retail sales and operations in China. Bill also provided strategic direction on products and pricing to the Company’s Canadian and Latin American operations.
Bill returned to The Home Depot in 2009 from Dick’s Sporting Goods, where he was senior vice president of merchandising, hardlines. His career at The Home Depot began in 1992, when he joined as a merchant for Millwork and Building Materials. Bill took on increasing responsibilities in Millwork and was named vice president of merchandising in 1997. In 2001, Bill focused his leadership on the Company’s Kitchen, Bath and Appliance departments and was promoted to senior vice president of décor in 2002.
Before joining The Home Depot, Bill was a divisional merchandise manager for Lowe’s. Prior to that, he spent eight years with Menards in Eau Claire, Wis., as the millwork plant manager for its manufacturing division.
Tim Crow, Executive VP, Human Resources
Tim Crow is executive vice president of human resources for The Home Depot. He oversees all aspects of human resource management for the Company’s more than 300,000 associates. Tim and the human resources leadership team continually evolve strategies to create a best-in-class organization to support the Company’s associates. Previously, Tim was senior vice president of organization, talent and performance systems.
Before joining The Home Depot in 2002, Tim served as senior vice president of human resources at Kmart. In that role, he was responsible for all store, distribution center and corporate human resources support.
Prior to joining Kmart, Tim spent almost 20 years with Sears, Roebuck & Co. During his tenure at Sears, he held key roles in the controller, risk management and accounting policy areas. When he left Sears, Tim was vice president of human resources for Sears’ 55,000-employee Automotive Group.
Tim is a director of the Human Resources Policy Association and serves on its Health Care Policy Committee.
Tim earned a bachelor’s degree from California State University at Northridge.

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