The Home Depot Names Tom Taylor Executive Vice President - Home Depot Stores
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: http://www.newscom.com/cgi-bin/prnh/20030502/HOMEDEPOTLOGO ) "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. HDGRELATED LINKS
SOURCE The Home Depot
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