The Home Depot Names Marc Powers EVP, U.S. Stores

ATLANTA, Oct. 20, 2014 /CNW/ -- The Home Depot^®, the world's largest home improvement retailer, today announced that it has named Marc Powers executive vice president, U.S. stores, effective November 1, 2014.

Powers, who began his career with The Home Depot as an hourly store associate in 1986, currently serves as senior vice president of operations for the company's nearly 2,000 U.S. stores. In that role, he has been responsible for the daily execution of initiatives to simplify store operations and drive productivity, and critical customer service programs that have significantly increased customer satisfaction scores and store traffic.

As EVP – U.S. Stores, Powers will assume responsibilities for the company's three U.S. operating divisions, as well as Pro, Tool Rental and the company's installation business.

"Marc brings a deep understanding of our operations, culture and customers, making him an ideal fit to oversee our U.S. stores," said Frank Blake, chairman and CEO. "We're truly fortunate to have such a deep bench with leaders like Marc."

Over his nearly 30 years with The Home Depot, Powers has held numerous leadership positions including store manager, district manager and regional vice president.

About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer, with 2,266 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2013, The Home Depot had sales of $78.8 billion and earnings of $5.4 billion. The company employs more than 300,000 associates. The Home Depot's 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.

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SOURCE The Home Depot

Financial Community, Diane Dayhoff, Vice President of Investor Relations, 770-384-2666, [email protected], News Media, Stephen Holmes, Director of Corporate Communications, 770-384-5075, [email protected], http://www.homedepot.com