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The Home Depot has appointed a former American Airlines CEO to the company’s board of directors.
The new board member, Gerard Arpey, will serve on the company’s finance committee and its nominating and corporate governance committee. The company has 11 directors on its board.
Arpey is the former CEO and chairman of AMR Corporation and American Airlines. His nearly 30-year career with American Airlines also included service as its president and chief operating officer, senior vice president of finance and planning and chief financial officer.
Arpey is currently a partner in Emerald Creek Group, LLC, a private equity firm based in southern California, which he joined in 2012 following his retirement from AMR.
“I’m pleased to welcome Gerard to our board, where his extensive experience in organizational management, strategy and finance will serve our company and shareholders well,” says Craig Menear, Home Depot chairman, CEO and president.
The Home Depot is the world’s largest home improvement specialty retailer, with 2,270 retail stores spread across all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2014, The Home Depot had sales of $83.2 billion and earnings of $6.3 billion.
For more information on Arpey’s appointment, click here.
