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CEO Project THESIS STATEMENT This paper intends to conduct the analysis of corporate governance of Home Depot, an American based retail store. II. CORPORATE GOVERNANCE 2.1 – Board of Directors. The Founders of Home Depot included Arthur Blank, Kenneth Langone, and Bernard Marcus (Wheelen and Hunger 43-71).
Prior to his arrival in Home Depot, Mr. Ackerman had served as President and Chief Executive Officer of BellSouth Corporation for nine years tenure ranging from 1997 to 2006. Notably, he had occupied the position as Chairman of its board of directors from 1998 to 2006 and as Vice Chairman and Chief Operating Officer from 1995 to 1997. During his tenure, Mr. Ackerman has acquired wide-ranging experience overseeing finance, supply chain, marketing, sales international, information technology and real state function. Mr. Ackerman retried as Chairman Emeritus of BlueSouth in March 2007. Mr. Ackerman is required to express his experience in managing intricate activities within the organization. Ari Bousbib has been serving as the Director since 2007. Previously, he had served as the President of Otis Elevator Company from 2002 to 2008 and prior to this he had also occupied the position of Chief Operating Officer from 2000 to 2002. He is required to perform wide range of activities particularly concerning over-sighting information technology, supply chain and other activities dealing with developing strategies of the company (Wheelen and Hunger 43-71). Gregory D. Brenneman has been serving as the Director of Home Depot since 2000. ...
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