The Home Depot Announces Retirement Plans of Carol Tomé and Names 14-year Company Veteran, Richard McPhail, Chief Financial ...

Date : 04/30/2019 @ 9:05PM
Source : PR Newswire (US)
Stock : Home Depot (The) (HD)
Quote : 213.04  -1.4 (-0.65%) @ 1:00AM

The Home Depot Announces Retirement Plans of Carol Tomé and Names 14-year Company Veteran, Richard McPhail, Chief Financial ...

Home Depot (NYSE:HD)
Historical Stock Chart

3 Months : From Apr 2019 to Jul 2019

Click Here for more Home Depot Charts.

ATLANTA, April 30, 2019 /PRNewswire/ -- The Home Depot announced today that Carol Tomé, Chief Financial Officer and executive vice president of Corporate Services, has decided to retire on August 31, 2019 after 24 years of service to the company. 

The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

"Carol is not only one of the most respected executives in corporate America and an outstanding Chief Financial Officer, but also is beloved by The Home Depot associates," said Craig Menear, chairman, CEO and president.  "Since Carol was named our CFO in May 2001 we have delivered more than a 450% increase in value to our shareholders, due in part to her many contributions. We are truly grateful to Carol for her service, and I am deeply appreciative of her partnership over the past five years."

The company also announced that Richard McPhail, senior vice president of Finance Control and Administration, will be promoted to executive vice president and Chief Financial Officer following Carol's retirement.  Since joining the company in 2005, Richard has held a number of roles of increasing responsibility within the finance organization including director of Strategic Business Development, vice president of Strategic Business Development, and senior vice president of Finance. In recent years, he was responsible for developing the company's financial plans and managing its day-to-day financial performance, overseeing the company's business development activities, and creating a decision analytics center of excellence, among other responsibilities.

"Developing top talent and ensuring seamless succession planning is a hallmark of our company.  Richard has been a key contributor to our senior leadership team and I'm excited about him joining our executive leadership team," said Menear. 

About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer, with 2,289 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2018, The Home Depot had sales of $108.2 billion and earnings of $11.1 billion. The Company employs more than 400,000 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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/the-home-depot-announces-retirement-plans-of-carol-tome-and-names-14-year-company-veteran-richard-mcphail-chief-financial-officer-300841077.html

SOURCE The Home Depot

Copyright 2019 PR Newswire

Latest HD Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.