HD promotes Menear, Holifield

The Home Depot has named Craig Menear president, U.S. retail, and Mark Holifield EVP supply chain and product development.

"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."

Menear, who was previously EVP merchandising at Home Depot, will maintain the bulk of his former responsibilities involving merchandising, supply chain, global sourcing, vendor management, marketing and online sales, with the additional responsibility for all U.S. store operations. Marvin Ellison, EVP U.S. stores, will report directly to Menear.

Meanwhile, Holifield (who was previously SVP supply chain), will oversee sourcing and proprietary brands and continue reporting to Menear.

Menear has been with Home Depot since 1997, joining as a merchandising manager in the Southwest Division. Prior to his role with HD, Menear operated an independent retail business and held various merchandising roles at IKEA, Builders Emporium, Grace Home Centers, Montgomery Ward and more.

Holifield has over 30 years of experience in supply chain management. He joined Home Depot in 2006 and created measurable results in inventory turns and in-stock levels since. Previously, he worked for Office Depot, Frito-Lay and H.E. Butt Grocery.