8-K

HOME DEPOT, INC. (HD)

8-K 2022-04-19 For: 2022-04-18
View Original
Added on April 02, 2026

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): April 18, 2022

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THE HOME DEPOT, INC.

(Exact Name of Registrant as Specified in Charter)

__________________

Delaware 1-8207 95-3261426
(State or Other Jurisdiction<br>of Incorporation) (Commission<br>File Number) (IRS Employer<br>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 April 18, 2022, the Board of Directors of The Home Depot, Inc. (the “Company”) appointed Matthew A. Carey, the Company’s Executive Vice President and Chief Information Officer, to the newly formed role of Executive Vice President – Customer Experience, effective April 25, 2022.

In connection with his new role, Mr. Carey will be granted an award of restricted shares having a value of $125,000 and an award of stock options having a value of $125,000 at the next regularly scheduled meeting of the Board after the effective date of his promotion. The shares of restricted stock will vest 50% after each of the 30- and 60-month anniversaries of the grant date, and the stock options will vest and become exercisable on each of the second, third, fourth and fifth anniversaries of the grant date, in each case subject to Mr. Carey’s continued employment through the applicable vesting dates.

A copy of the press release announcing Mr. Carey’s change in role is attached hereto as Exhibit 99.1.

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits

Exhibit Description
99.1 Press Release of The Home Depot, Inc.
104 The cover page of this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE HOME DEPOT, INC.
Date: April 19, 2022 By: /s/ Teresa Wynn Roseborough
Name: Teresa Wynn Roseborough
Title: Executive Vice President, General Counsel and Corporate Secretary

3

Document

Exhibit 99.1

thd_4x4xcmyka.jpg

The Home Depot Names Matt Carey EVP of Customer Experience;

Fahim Siddiqui Named EVP and Chief Information Officer

ATLANTA, April 19, 2022 – The Home Depot®, the world's largest home improvement retailer, today announced that Matt Carey has been named executive vice president (EVP) of customer experience, effective immediately. In this newly formed role, Carey will be responsible for leading the vision, design, and development of new and innovative solutions that drive a seamless experience for the millions of customers who turn to Home Depot for their home improvement projects – in stores, online, or on their mobile devices.

“In his 14 years with The Home Depot, Matt has spearheaded an enormous technology transformation across our stores, supply chain, merchandising and digital presence,” said Ted Decker, CEO and president of The Home Depot. “Now more than ever, our customers expect to shop with us how, when, and where they want – and there’s little tolerance for friction in the shopping experience. Matt has a proven track record driving customer-first technology innovation, and I look forward to his leadership as we continue to make shopping at Home Depot a truly interconnected, easy experience for our customers.”

Before joining The Home Depot, Carey served as senior vice president (SVP) and chief technology officer (CTO) at eBay, where he was responsible for product development, site operations, cybersecurity, platform engineering, data warehousing and catalog operations for eBay Marketplaces. Prior to joining eBay in 2006, he spent more than 20 years with Walmart, where he was SVP and CTO.

Fahim Siddiqui has been named EVP and chief information officer (CIO) of The Home Depot. As CIO, Siddiqui will be responsible for all aspects of the company’s technology strategy, infrastructure and software development for The Home Depot’s 2,317 retail stores, supply chain facilities, store support centers and online systems.

Siddiqui joined The Home Depot in 2018 as SVP of information technology, where he focused on the development of applications and solutions for online, marketing, merchandising, supply chain, data and analytics function. He led the buildout of several transformational capabilities, including a central platform of common services to deliver agility, consistency and efficiency across the customer experience. Prior to The Home Depot, he spent more than three decades leading software development in the retail, energy and telecom sectors, including Staples, MCI, Time Warner Telecom and Sprint.

“Fahim is a tremendous leader and a brilliant technologist who understands the power of technology to unlock a better experience for our customers and associates, and I look forward to working with him in this next phase of growth for The Home Depot,” Decker added.

ABOUT THE HOME DEPOT

The Home Depot is the world’s largest home improvement specialty retailer. At the end of fiscal year 2021, the company operated a total of 2,317 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately 500,000 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.

For more information, contact:

Financial Community News Media
Isabel Janci Sara Gorman
Vice President of Investor Relations and Treasurer Senior Director, Corporate Communications
770-384-2666 770-384-2852
isabel_janci@homedepot.com sara_gorman@homedepot.com