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The Home Depot announces changes to leadership team

The Home Depot, the world's largest home improvement retailer, announced several changes in its retail organization.

The company's four division presidents in the United States and Mexico -
Bruce Merino, Paul Raines, Marvin Ellison and Ricardo Saldivar - will report to Bob Nardelli, chairman, president & CEO, effective immediately. Annette Verschuren, president-The Home Depot Canada will continue reporting to Nardelli.

Craig Menear now will be responsible for all of the Company's merchandising initiatives. Roger Adams has been named SVP & Chief Marketing Officer. Carol Tome, EVP & CFO, will assume responsibility for supporting store operations.

The company's board of directors has elected Frank Blake, EVP- Business Development & Corporate Operations, as vice chairman and non-voting member of the board.

The Home Depot also is announcing that Carl Liebert, EVP-Home Depot Stores, and Bill Lennie, SVP-Merchandising - Decor, have decided to leave the organization to pursue opportunities outside of the home improvement industry.



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