ATLANTA, March 4,
2025 /PRNewswire/ -- The Home
Depot®, the world's largest home improvement
retailer, today announced that Michael
Rowe has been named executive vice president (EVP) of Pro,
effective immediately. Stephanie
Smith has been promoted to EVP and will succeed Tim Hourigan as EVP of human resources upon his
retirement on June 6, after nearly 23
years of dedicated service to the company.
As EVP of Pro, Rowe will be responsible for The Home Depot's
strategy to grow its business with professional customers. In this
role, he will lead the expansion of key capabilities to serve the
Pro market, including delivery capabilities, salesforce
development, technology and CRM tools, order management and more.
Most recently, Rowe served as president of The Home Depot Canada. A
19-year veteran of the company, Rowe has held several leadership
roles for the Canadian division, including vice president of
online, marketing and contractor services where he was responsible
for the strategy and execution of key business initiatives and
capabilities to serve Pro customers. Under his leadership, the
Canadian division invested in growing its business with the Pro
customer, leading to outsized growth with the Pro in that market.
Previously, he served as vice president of finance and contractor
services, procurement and strategic business development for The
Home Depot Canada.
"We are uniquely positioned to win as we build out our Pro
ecosystem, investing in capabilities to grow share of wallet with
Pros no matter how they choose to shop with us," said Ted Decker, chair, president and CEO of The Home
Depot. "As the head of our Canadian business, Mike led an
unprecedented period of growth and expansion across the country and
was instrumental in building our Pro business in Canada. His vision and operational expertise
make him an ideal fit to lead our Pro business through its next
phase of growth, alongside our talented Pro organization."
Vinod Nalajala has been promoted
to president, The Home Depot Canada, effective immediately. Vinod
joined The Home Depot Canada in 2001 as a sales associate. In his
24-year career with The Home Depot Canada, he has taken on roles of
increasing responsibility including store manager, regional sales
manager, senior manager of sales execution and district manager. He
has served as vice president of human resources, central
operations, contact centers, asset protection and building
services.
Stephanie Smith has been promoted
to executive vice president and will succeed Tim Hourigan as EVP of human resources upon his
retirement. In this role, Smith will be responsible for driving the
culture and experience for the more than 470,000 associates who
work at The Home Depot – including leadership development,
associate engagement and fostering of the company's unique culture
and values. Previously, Smith served as senior vice president of
supply chain for The Home Depot, where she was responsible for
inventory management, transportation, delivery, supply chain
analytics, product management and leadership of the Temco business.
Smith has held leadership roles across store operations,
merchandising operations, supply chain, inventory planning and
replenishment.
"Stephanie's exceptional blend of operational expertise and
thoughtful leadership was instrumental in fostering a team-oriented
environment in our supply chain organization, resulting in improved
associate engagement and performance," said Decker. "In her 22
years with The Home Depot, she has worked closely with virtually
every team across the company, which gives her a unique
understanding of the opportunities and challenges our associates
face every day. I look forward to her continued leadership and
contributions to our company's culture and success.
"I would like to thank Tim for an exceptional career with The
Home Depot. His vision and guidance have driven our HR initiatives
forward, and his legacy will continue to inspire us for years to
come. We are grateful for his unwavering support and the positive
impact he has had on our associates and our
organization."
ABOUT THE HOME DEPOT
The Home Depot is the world's largest home improvement specialty
retailer. At the end of the fourth quarter of fiscal 2024, the
company operated a total of 2,347 retail stores and over 780
branches across all 50 states, the District of
Columbia, Puerto Rico, the U.S. Virgin
Islands, Guam, 10 Canadian provinces and Mexico. The
Company employs over 470,000 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.
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SOURCE The Home Depot
