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Home Depot promotes Menear to top U.S. post

Holified boosted to senior vp

Retail Editor 4 -- Home Textiles Today, February 28, 2014

Atlanta - The Home Depot has named Craig Menear president of U.S. retail, effective immediately.

Menear was promoted from his previous post as executive vice president, merchandising, responsible for all merchandising departments and merchandising services and strategy, supply chain network, global sourcing, vendor management, marketing, and online sales.

In his new role, Menear will add responsibility for all U.S. store operations.

A 34-year retail industry veteran, Menear joined The Home Depot in 1997 as a merchandising manager in the company's Southwest Division. He has since then climbed through the company's merchandising ranks. Earlier in his career he held various merchandising positions at other retailers, including Ikea, Builders Emporium, Grace Home Centers and Montgomery Ward as well as operating an independent retail business.

Marvin Ellison, executive vice president, U.S. stores, now reports to Menear.

The company also announced that Mark Holifield, senior vice president, supply chain, has been named executive vice president, supply chain and product development, with responsibility for sourcing and proprietary brands. He continues to report to Menear.

Holifield has more than 30 years of experience in supply chain management. He joined The Home Depot in 2006 to design and implement a complete transformation of the company's supply chain and logistics infrastructure, resulting in steadily improving inventory turns and in-stock levels. Earlier in his career, he spent 12 years at Office Depot in supply chain roles of increasing responsibility, and prior to that he held supply chain roles at Frito-Lay and H.E. Butt Grocery.

"Craig is a world-class retailer and has done a terrific job in recent years leading some of the most important and successful initiatives in our company," said Frank Blake , chairman and ceo. "And Mark has successfully led one of the most extensive supply chain transformations in retail history. Both are very deserving of their new leadership roles, and I look forward to their continuing contributions to our business."

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