{"id":5081,"date":"2015-06-25T09:29:26","date_gmt":"2015-06-25T09:29:26","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=5081"},"modified":"2015-06-25T09:29:26","modified_gmt":"2015-06-25T09:29:26","slug":"company-snapshot-home-depots-next-generation","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2015\/06\/company-snapshot-home-depots-next-generation\/","title":{"rendered":"Company Snapshot: Home Depot's Next Generation"},"content":{"rendered":"

Address<\/strong>
\n2455 Paces Ferry Rd NW
\nAtlanta, GA 30339-1834<\/p>\n

Telephone<\/strong>
\n770 433-8211<\/p>\n

Internet Homepage<\/strong>
\nwww.homedepot.com<\/p>\n

Year Founded<\/strong>
\n1978<\/p>\n

Current Total Store Count<\/strong>
\n2,269<\/p>\n

Total Annual Sales<\/strong>
\n$83,176,000,000<\/p>\n

Senior Executive<\/strong>
\nCraig A. Menear- Chairman, CEO<\/p>\n

\u00a0<\/strong><\/p>\n

Since January 2007, the only executive that needed to be listed for a Home Depot snapshot was Francis S Blake, who served as both Chairman and CEO from that time.\u00a0 Mr. Blake\u2019s vision and decisiveness led the company\u2019s dramatic turnaround from a company which had seemingly left the roots its creators had established at the company\u2019s founding.\u00a0 Prior to Mr. Blake\u2019s assuming the corporate reins, the company had fallen greatly out of favor with both consumers and investors.<\/p>\n

Under Mr. Blake\u2019s leadership, Home Depot recovered its position as the industry\u2019s financial and innovative darling.\u00a0 Recently, Mr. Blake retired from Home Depot.\u00a0 During the past several months, the company has lost two other very key executives.<\/p>\n

Late last year Home Depot announced that its Executive VP of U.S. Stores, Marvin Ellison, was leaving the company to take over as CEO for J.C. Penney.\u00a0 In addition to accepting the temptation of a base salary of $1.3 million, Mr. Ellison was rewarded with a $4 million signing bonus by Penney.<\/p>\n

Recently, Home Depot\u2019s Senior VP of Merchandising, Hal Lawton, accepted a position at eBay where he will head North American operations.\u00a0 Mr. Lawton had been a key executive in leading Home Depot\u2019s many recent and soon-to-appear innovations on its boldly growing, innovative website.<\/p>\n

Mr. Lawton\u2019s departure has led to several internal promotions within the Depot.\u00a0 The prominent departure of a longtime company veteran leader, such as Mr. Ellison, is never easily replaced.<\/p>\n

Frank Blake was extremely savvy in his moves to restore Home Depot to its historically prominent place.\u00a0 His lieutenants were carefully handpicked.\u00a0 It is likely his chosen replacement has been set up for success, despite the loss of considerable executive talents.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Address 2455 Paces Ferry Rd NW Atlanta, GA 30339-1834 Telephone 770 433-8211 Internet Homepage www.homedepot.com Year Founded 1978 Current Total Store Count 2,269 Total Annual Sales $83,176,000,000 Senior Executive Craig A. Menear- Chairman, CEO \u00a0 Since January 2007, the only executive that needed to be listed for a Home Depot snapshot was Francis S Blake,… Continue reading Company Snapshot: Home Depot's Next Generation<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[15],"class_list":["post-5081","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/5081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=5081"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/5081\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=5081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=5081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=5081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}