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Atlanta, Three new directors have been appointed to the board of The Home Depot Inc. as part of a planned succession to replace four board members, the company said Thursday.
The new directors include F. Duane Ackerman, the retired chairman and CEO of BellSouth Corp.; Ari Bousbib, president of Otis Elevator Co.; and Karen Katen, chairman of Pfizer Foundation and recently retired as president of Pfizer Human Health.
Scheduled to retire from the Home Depot board in May are John L. Clendenin; Claudio X. Gonzales; Milledge A. Hart III and Kenneth G. Langone.
The company also announced that Helen Johnson-Leipold has resigned from the board “due to additional demands on her time.”