ATLANTA, Oct. 22, 2021 /PRNewswire/ -- The Home Depot
today announced that it has named John
Deaton executive vice president of Supply Chain and Product
Development, effective November 1,
2021. He replaces Mark
Holifield, who has accepted a role as CEO of a U.S.-based
last-mile delivery firm after 15 years with the company.
Deaton, a 14-year veteran of the company, brings a wealth of
experience after serving in several company leadership roles in
supply chain, product development, and most recently in retail
operations.
Deaton has been an instrumental leader in the supply chain
transformation throughout his tenure with the company.
He began his career with The Home Depot in 2007 as vice
president of supply chain development where he led
the rollout of 19 Rapid Deployment Centers (RDCs) to modernize the
company's store replenishment operations.
In 2011, he was promoted to senior vice president of
brand and product development. In this role, he led
the transformation of The Home Depot's private brands portfolio,
including the launch of HDX and the relaunch of Husky, both of
which have grown to be iconic multi-billion-dollar
brands.
John was named senior vice president of supply chain in 2017,
leading major aspects of the company's supply chain operations
including transportation, distribution and inventory management.
Among his many other contributions in this role, he oversaw the
mechanization of the company's RDCs. He took on the role of senior
vice president of Retail Operations earlier this year, further
expanding his experience across the company.
Prior to joining The Home Depot, Deaton served eight years at
Office Depot in several officer-level positions in supply chain,
operations, business development and marketing. Prior to that, he
worked in management consulting at Ernst & Young.
"We're incredibly fortunate to have such a strong bench of
talented leaders like John, who has delivered outstanding results
with every challenge he's taken on over the past 14 years at The
Home Depot," said Craig Menear,
chairman and CEO. "And we are truly excited for Mark as he takes on
his next career challenge. On behalf of the entire company, I want
to thank him for his enormous contributions over the past 15 years,
including developing great leaders like John."
About The Home Depot
The Home Depot is the world's
largest home improvement specialty retailer. At the end of the
second quarter, the company operated a total of 2,298 Home Depot
retail stores in all 50 states, the District of
Columbia, Puerto Rico, the U.S. Virgin
Islands, Guam, 10 Canadian provinces and Mexico. In
fiscal 2020, The Home Depot had sales of $132.1
billion and earnings of $12.9 billion. The company
employs approximately 500,000 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.
# # #
View original content to download
multimedia:https://www.prnewswire.com/news-releases/the-home-depot-names-john-deaton-executive-vice-president-supply-chain-and-product-development-301406396.html
SOURCE The Home Depot