Summary
The Home Depot, Inc. (HD) announced a key addition to its Board of Directors on September 20, 2013, with the election of Ms. Helena B. Foulkes. Ms. Foulkes' appointment fills a directorship and strengthens the board's expertise. Her election, recommended by the Nominating and Corporate Governance Committee, is effective immediately. Investors should note that Ms. Foulkes will also serve on two important board committees: the Leadership Development and Compensation Committee and the Finance Committee, indicating her significant role in strategic decision-making and oversight. This appointment is part of the company's ongoing efforts to ensure robust governance and a well-rounded board composition. Ms. Foulkes' compensation will be in line with the standard arrangements for non-employee directors, as detailed in the company's 2013 proxy statement. The press release announcing this election is attached as an exhibit to this filing, providing further context for the announcement.
Key Highlights
- 1The Home Depot, Inc. elected Ms. Helena B. Foulkes as a new director to its Board of Directors.
- 2Ms. Foulkes' appointment was recommended by the Nominating and Corporate Governance Committee.
- 3Ms. Foulkes has been appointed to serve on the Leadership Development and Compensation Committee.
- 4Ms. Foulkes has also been appointed to serve on the Finance Committee.
- 5Ms. Foulkes will be compensated according to the standard non-employee director compensation arrangements.
- 6The press release announcing Ms. Foulkes' election is filed as an exhibit to the 8-K report.