The Home Depot Names Tom Taylor Executive Vice President - Home Depot Stores

Dec 20, 2004, 00:00 ET from The Home Depot

    ATLANTA, Dec. 20 /PRNewswire-FirstCall/ -- The Home Depot(R) today
 announced that Tom Taylor, a 21-year company veteran, will assume the
 newly-created role of EVP - Home Depot Stores.  In his new role, Tom will be
 responsible for execution across all U.S. and Mexico stores, and will work
 closely with John Costello, EVP - Merchandising and Marketing and Carl
 Liebert, SVP - Operations to provide customers with distinctive and innovative
 products and services in a world-class store environment.
     (Photo: )
     "Tom has demonstrated leadership, vision and service excellence at The
 Home Depot and has succeeded in various roles of increasing responsibilities,"
 said Bob Nardelli, chairman, president and CEO of the company.  "He started on
 the front lines of our stores and has a deep understanding of what it takes to
 serve the customer and grow our business."
     Taylor most recently served as president of the company's Eastern
 Division, the largest division of The Home Depot, consisting of more than 600
 stores and 150,000 associates.  Prior to that assignment, he was SVP of the
 PRO Contractor Business, with primary responsibility for extending the
 company's services to the growing segment of professional contractors and
 tradespeople. Taylor also served as president of the Northwest Division and
 regional vice president of the Southwest Region.
     The Home Depot also announced today that Paul Raines, regional vice
 president, Florida, is being promoted to division president.  Raines and the
 other two U.S. division presidents and the president of the Mexico Division
 will report directly to Tom Taylor.
     The company also announced that its Global Supply Chain and Business
 Process Improvement groups will report directly to Carl Liebert, SVP -
 Operations.  Liebert was formerly SVP and division president for Circuit City
 prior to joining The Home Depot in 2003. A Six Sigma Master Blackbelt, Liebert
 has extensive retail experience in operations, sourcing and logistics. This
 move will ensure a supply chain strategy that seamlessly integrates with The
 Home Depot's stores to better serve the customers' needs.
     "These changes will allow us to drive greater efficiencies across our
 business and will improve our speed-to-market and execution of key customer
 initiatives," Nardelli said.
     Founded in 1978, The Home Depot(R) is the world's largest home improvement
 specialty retailer and the second largest retailer in the United States, with
 fiscal 2003 sales of $64.8 billion. The company employs approximately 325,000
 associates and has 1,853 stores in 50 states, the District of Columbia, Puerto
 Rico, nine Canadian provinces and Mexico. The company recently announced the
 creation of a business development operation for retail expansion into China.
 Its stock is traded on the New York Stock Exchange (NYSE:   HD) and is included
 in the Dow Jones Industrial Average and Standard & Poor's 500 Index. HDG

SOURCE The Home Depot