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Home Depot Announces New CIO & EVP – $HD $DIA

By John F. Heerdink, Jr.

Reportedly, the Home Depot, Inc. (HD) announced two major appointments this week, appointing Matt Carey as its executive vice president (EVP) of customer experience effective immediately. In this newly formed role, Carey will lead 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. Before joining The Home Depot, Carey served as senior vice president (SVP) and chief technology officer (CTO) at eBay.

“In his 14 years with The Home Depot, Matt has spearheaded an enormous technology transformation across our stores, supply chain, merchandising, and digital presence. 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,” stated Ted Decker, CEO, and president of The Home Depot.

Fahim Siddiqui has been appointed as EVP and chief information officer (CIO) of The Home Depot. As CIO, Siddiqui will lead 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, focussing on the development of applications and solutions for online, marketing, merchandising, supply chain, data, and analytics functions. 

“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,” stated Decker, CEO, and president of The Home Depot.

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service programs. To learn more about The Home Depot, Inc. (HD), and to continue to track its progress please visit vista Partners’ The Home Depot, Inc. Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: The Home Depot Names Matt Carey EVP of Customer Experience; Fahim Siddiqui Named EVP and Chief Information Officer in PR Newswire)


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