Home Depot Reports Officer Departures, Director Elections

Ticker: HD · Form: 8-K · Filed: 2024-05-30T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, personnel-changes, officer-departure, director-election

Related Tickers: HD

TL;DR

HD's board is shuffling execs and directors, with new comp plans in play.

AI Summary

The Home Depot, Inc. filed an 8-K on May 30, 2024, reporting changes effective May 24, 2024. These changes include the departure of certain officers, the election of new directors, and updates to compensatory arrangements for certain officers. The filing details these personnel and compensation adjustments within the company.

Why It Matters

Changes in key leadership and director positions can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance and personnel changes, not significant financial events or market-moving news.

Key Players & Entities

FAQ

Who are the specific officers departing from The Home Depot, Inc.?

The filing indicates the departure of certain officers but does not name them in the provided excerpt.

Who are the newly elected directors of The Home Depot, Inc.?

The filing states that directors have been elected but does not list their names in the provided excerpt.

What specific compensatory arrangements have been updated for certain officers?

The filing mentions updates to compensatory arrangements but does not detail the specifics in the provided excerpt.

What is the exact date of the earliest event reported in this 8-K filing?

The earliest event reported is dated May 24, 2024.

What is the principal executive office address for The Home Depot, Inc.?

The principal executive offices are located at 2455 Paces Ferry Road, Atlanta, Georgia 30339.

From the Filing

0000354950-24-000166.txt : 20240530 0000354950-24-000166.hdr.sgml : 20240530 20240530091751 ACCESSION NUMBER: 0000354950-24-000166 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240524 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240530 DATE AS OF CHANGE: 20240530 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOME DEPOT, INC. CENTRAL INDEX KEY: 0000354950 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 953261426 STATE OF INCORPORATION: DE FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08207 FILM NUMBER: 241001311 BUSINESS ADDRESS: STREET 1: 2455 PACES FERRY ROAD CITY: ATLANTA STATE: GA ZIP: 30339-4024 BUSINESS PHONE: 770-433-8211 MAIL ADDRESS: STREET 1: 2455 PACES FERRY ROAD CITY: ATLANTA STATE: GA ZIP: 30339-4024 FORMER COMPANY: FORMER CONFORMED NAME: HOME DEPOT INC DATE OF NAME CHANGE: 19920703 8-K 1 hd-20240524.htm 8-K hd-20240524 false 0000354950 0000354950 2024-05-24 2024-05-24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________ FORM 8-K __________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 24, 2024 __________________ THE HOME DEPOT, INC. (Exact Name of Registrant as Specified in Charter)   __________________ Delaware 1-8207 95-3261426 (State or Other Jurisdiction of Incorporation)    (Commission File Number)    (IRS Employer Identification No.) 2455 Paces Ferry Road , Atlanta , Georgia 30339 (Address of Principal Executive Offices) (Zip Code) ( 770 ) 433-8211 (Registrant’s Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report)     __________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.05 Par Value Per Share HD New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 24, 2024, Matthew A. Carey informed the Company that he will be retiring from the Company, effective December 31, 2024. Effective June 3, 2024, he will no longer serve in his current role of Executive Vice President – Customer Experience, but he will remain an Executive Vice President and serve in an advisory capacity until his retirement a

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