Home Depot consolidates two divisions to one in Atlanta
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Posted 9:48AM on Wednesday, September 4, 2002
ATLANTA - Home Depot Inc. said Tuesday it will consolidate two of its nine divisional offices into one new division that will service its stores in the mid-Atlantic and Southeastern United States, and the Caribbean. <br>
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The Atlanta-based home improvement retailer said it will combine its Mid-Atlantic Division, currently based in South Plainfield, N.J., and its Southeast Division, currently based in Atlanta, into one operating division called the Eastern Division to be based in Atlanta. <br>
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Home Depot said no material financial impact is anticipated from the integration. The company said it is in the process of determining if any job cuts are necessary. <br>
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The company said a facility will remain in South Plainfield, but it was too early to determine if it will be the current facility. <br>
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The Eastern Division will service more than 450 Home Depot store locations and have more than 90,000 employees. <br>
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Home Depot named Tom Taylor head of the Eastern Division. Taylor had been president of the Southeast Division since January. <br>
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John Wicks, who was president of the Mid-Atlantic Division, will join the merchandising team in Atlanta. <br>
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