Who are the new directors appointed to Home Depot's Board?

Home Depot has elected Ms. Paula Santilli and Ms. Caryn Seidman-Becker as new independent directors to its Board of Directors.

When do these new director appointments become effective?

The appointments of Ms. Santilli and Ms. Seidman-Becker are effective March 1, 2022.

What committees will the new directors serve on?

Ms. Santilli will serve on the Nominating and Corporate Governance Committee and the Finance Committee. Ms. Seidman-Becker will serve on the Leadership Development and Compensation Committee and the Nominating and Corporate Governance Committee.

How will the new directors be compensated?

Ms. Santilli and Ms. Seidman-Becker will participate in the standard non-employee director compensation arrangements as previously described in the Company's 2021 proxy statement.

HD 8-K: Leadership Changes

Summary

This 8-K filing from Home Depot, Inc. (HD) announces a significant update to its Board of Directors. Effective March 1, 2022, the company has elected two new independent directors, Ms. Paula Santilli and Ms. Caryn Seidman-Becker. This move is aimed at strengthening the board's expertise and oversight.

Key Highlights

1Appointment of two new independent directors: Ms. Paula Santilli and Ms. Caryn Seidman-Becker.
2New directors' appointments are effective March 1, 2022.
3Ms. Santilli appointed to Nominating and Corporate Governance Committee and Finance Committee.
4Ms. Seidman-Becker appointed to Leadership Development and Compensation Committee and Nominating and Corporate Governance Committee.
5Both new directors have been determined to be 'independent' under NYSE and Home Depot's guidelines.
6New directors will receive standard non-employee director compensation.
7Announcement accompanied by a press release (Exhibit 99.1).

HOME DEPOT, INC. 8-K Report, Executive Changes (Feb 24, 2022)

Summary

Key Highlights

Frequently Asked Questions