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Home Depot company - Analysis and report - Case Study Example

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There are certain criteria or qualifications that must be met by individuals to allow them to be part of the BOD or even the top managers. The BOD of…
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Home Depot company - Case Analysis and report
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Download file to see previous pages The other external directors include Mark Vadon, Brown J, Albert Carey, Duane Ackeman, Armando Codina, Gregory Brenneman, Helena F and Bonnie Hill. The board is made up of two females and eight males.
The average years of the BOD of the company is 58.3 years with ages ranging from 43years to 71years?The ethnicity of the BOD is diverse with one Hispaniac who is Mr. Codina, One black, Ms Hill and Bousbib from France. The rest of the board members are Americans. The board members are highly qualified and all of them have had the expertise and experience of working in other companies in the top management level. The companies they have worked in include; facebook, PepsiCo, UPS and the General Electric. Some of the members of the BOD have their own companies that they are running and are competent enough to work in Home Depot. The education levels of the members are high with the least being a master’s level. Most of the board members have attained a Bachelors and masters in business and economics. A few members have Doctorates in business and one who is Ackerman having a bachelors degree in physics. The universities that the board members have attended for their degrees, Master’s and Doctorate are highly recognized in the world for quality education such as Harvard University.
The board has been involved in major decision making in the company and they are the ones who give directions on how the company should be run. For example, in 2012, they made a decision of acquiring the Home Systems used in the US.
Looking at the compensation that the board members receive, the rates defer for each member. Those board members who are employed in the company are compensated differently from those who are not employed by the company. The compensation is paid off in two forms which include shares and cash payment. In the year 2012, each nonemployee of the board received $280,000. $250,000 ...Download file to see next pagesRead More
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