The Home Depot (NYSE: HD), Atlanta, GA, has named its current U.S. retail president, Craig Menear, as CEO and president, effective November.
Menear was also elected to the company's board of directors, effective immediately. Menear has overseen the company's supply chain efforts, its online and private brand businesses and the company's marketing and global sourcing.
The Home Depot has 2,265 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2013, The Home Depot had sales of $78.8 billion and earnings of $5.4 billion. The company employs more than 300,000 associates.