Home Depot Replaces Head of U.S. Stores Business
January 19 2016 - 5:20PM
Dow Jones News
Home Depot Inc. is replacing the head of its U.S. stores, Marc
Powers, with another longtime company veteran, the latest major
retailer to change brass in its stores operation.
Ann-Marie Campbell, one of Mr. Power's deputies, will take over
his position. Mr. Powers, 54, will leave the company effective Feb.
1, according to a Home Depot spokesman, who said the decision was
mutual.
Home Depot is the third large U.S. retailer to make a change at
the top of stores operations this month, as retailers grapple with
what role their physical stores should play at a time when more
shopping is being done online.
Target Corp. early in January abruptly fired Tina Tyler, its
chief stores officer, replacing her with another Target veteran,
Janna Potts. J.C. Penney Co. on Monday also plucked a Home Depot
executive, Joe McFarland, as its new head of stores. Mr. McFarland
was president of Home Depot's northern and western divisions.
At Home Depot, Ms. Campbell, 50, is following a similar path as
her predecessor. She has been with the home-improvement retailer
for more than 30 years, starting as a cashier in South Florida
before rising through the store ranks, most recently serving as
president of its southern division.
Mr. Powers took over the U.S. store division in 2014 after
Marvin Ellison left Home Depot to become chief executive of J.C.
Penney. A Home Depot spokesman said Mr. Powers wasn't available to
comment.
Write to Paul Ziobro at Paul.Ziobro@wsj.com
(END) Dow Jones Newswires
January 19, 2016 17:05 ET (22:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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