ATLANTA, March 14,
2023 /PRNewswire/ -- The Home Depot named William
"Billy" Bastek executive vice president of merchandising, effective
Bastek is a 33-year veteran of The Home Depot and brings
tremendous experience to the role, having served in several
leadership positions across the merchandising organization. Most
recently, he was senior vice president of hardlines, where he was
responsible for merchandising and marketing strategies for the
hardware and garden departments. Prior to that role, he was
merchandising vice president (MVP) of hardware and tools, where he
oversaw the growth and transformation of the power tools and
automotive departments in stores and online.
Under Bastek's leadership, the merchandising team has led the
modernization of the power tools and outdoor power categories,
driving an industry-wide shift from corded or gas-powered to
battery-powered equipment, with an ecosystem of innovative tools
powered by the same battery platforms. He and his team also drove
the successful growth of The Home Depot's Halloween and holiday
categories both online and in-stores, which have achieved record
sell-through over the past several seasons.
"Billy is an experienced merchant, leader and mentor who is
known for his innovative approach to merchandising, transforming
The Home Depot's product assortment and bringing incredible value
to our customers," said Ted Decker,
chair, president and CEO of The Home Depot. "We're fortunate to
have a talented bench of senior leaders like Billy, as well as
future leaders across the company, and I look forward to working
with him in his new and expanded role."
Bastek began his career in 1989 at HD Supply, formerly known as
Maintenance Warehouse, which was originally acquired by the company
in 1997. He has held various roles of increasing responsibility,
including global product merchant, senior merchant, divisional
merchandise manager and MVP for building materials.
Bastek replaces Jeff Kinnaird,
who has decided to leave The Home Depot.
"Jeff has made significant contributions to The Home Depot since
starting in the lumber aisle nearly 27 years ago and progressing
through every role in our stores," said Decker. "His leadership of
our Canadian division and more recently of our merchandising,
marketing and online businesses is greatly appreciated. Jeff has
been a champion of our culture and values, and I would like to
thank him for his hard work and numerous contributions across his
career. I wish him well in his future endeavors."
About The Home Depot
The Home Depot is the world's
largest home improvement specialty retailer. At the end of fiscal
year 2022, the company operated a total of 2,322 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 475,000
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. The Home Depot is #17
on the 2022 Fortune 500.
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SOURCE The Home Depot