Consumer >> CEO Interviews >> October 6, 1999

Larry Mercer – The Home Depot Inc (hd)

LARRY MERCER joined The Home Depot in 1979 as an Assistant Store Manager and soon began rising through the Company's management ranks. In 1983, he was promoted to Regional Manager of central Florida (he is a native Floridian) and later was promoted to Vice President of the East Coast Store Operations. In 1991, he became President of the Northeast Division where he served the company until March 1996 at which time he was promoted to and currently serves in the capacity of Executive Vice President of Store Operations. In February 1998, Mr. Mercer's position and title with the company was expanded to include Group President. All total, he has over 30 years experience in retailing. Mr. Mercer is currently Chairman of The Home Depot's Political Action Committee (PAC) and Better Government Committees. He serves as the company's senior management representative for the Hands On Atlanta Day project with their partner school, West Fulton Middle School. He also serves on its Advisory Board and will be assisting with the Hands On School campaigning this year. In November 1998, Mr. Mercer served as Vice Chairman for the American Heart Association's Heart Walk for the second year in a row. He solicited participation in the walk from other Atlanta corporations and recruited Home Depot associates to participate. Mr. Mercer serves as the Chairman for YouthBuild USA's Tools for Transformation Campaign Committee. YouthBuild USA is an innovative program that teaches at-risk youths who have never completed high school to transform abandoned buildings in their community into affordable housing. Participants in YouthBuild USA also attend academic classes which prepare them to obtain a GED or high school diploma. Mr. Mercer's passions are running and golf. He has run in numerous marathons. He ran the New York City Marathon in November 1996, the Twin Cities Marathon in Minneapolis in 1997, and the Boston Marathon in April 1998. Mr. Mercer has also been instrumental in the promotion of Home Depot's Building Better Health (BBH) facility which is available to all Home Depot employees. Mr. Mercer has two grown sons. Prior to joining The Home Depot, Mr. Mercer was a Staff Sergeant in the United States Air Force. Profile
TWST: Let's start out by you giving us a brief overview of The Home

Depot, the company's history, products, services, customers, please.

Mr. Mercer: The Home Depot is celebrating its 20th