Home Depot Executive Retires
Aug. 04, 2003
ATLANTA (AP) _ The Home Depot said Monday a merchandising executive is retiring and the company is shifting the responsibilities of three other company officials.
Jerry Edwards, 61, executive vice president of merchandising, is retiring after 12 years at the company. Home Depot said executive vice president John Costello will add merchandising to his current marketing responsibilities.
It also said Bill Lennie, an 11-year Home Depot associate, has been named senior vice president for decor and Craig Menear, a six-year Home Depot associate, has been named senior vice president for hard lines.
Lennie and Menear will report to Costello.
Edwards will remain with the company as an adviser to chairman and chief executive Bob Nardelli over the next year.
Home Depot is the nation's largest home improvement store chain. Shares in the Atlanta-based company fell 52 cents to $30.28 each in midday trading on the New York Stock Exchange.
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