Atlanta — The Home Depot’s board of directors has elected its CEO and president, Craig Menear, as chairman, effective February 2. He will succeed Frank Blake, who will retire as chairman.
Atlanta — Craig Menear has been promoted to president, U.S. retail, while Mark Holifield has been promoted to executive vice president, supply chain and product development.
Atlanta — The Home Depot® is closing its remaining seven big box stores in China as the company shifts its focus in that market to specialty stores and online offerings.
