After about seven years with Menear at the helm, Home Depot has looked to its own team for its next leader.
The timing of the appointment follows a pattern around Home Depot’s previous CEOs’ tenures, as pointed out by Telsey Advisory Group analyst Joseph Feldman. Before Menear, Frank Blake held the top spot from 2007 to 2014, and before that Robert Nardelli from 2000 to 2007. The Home Depot’s next CEO comes with more than two decades of leadership experience at the retailer, which Feldman said will lead to a “seamless transition.”
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