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Carol Tome
Carol B. Tomé Carol Tomé has served as The Home Depot's chief financial officer since May 2001 and was named executive vice president of corporate services in January 2007. She is the only member of the Executive Leadership Team to have worked alongside each of the company's CEOs, from our founders to Frank Blake. Carol provides leadership in the areas of financial services, strategic business development and growth initiatives, real estate and store construction. Her corporate finance duties include financial reporting, financial planning and analysis, divisional finance, internal audit, investor relations, treasury, tax and financial operations. Carol leads the company's strategy of disciplined capital allocation, such as the company's shift from growth through aggressive new store construction to a focus on growing revenues through existing locations and interconnected retail, increased productivity and efficiency. These efforts and others have created tremendous shareholder value; in the last five years, from 2009, The Home Depot has returned almost $27 billion to shareholders through dividends and share repurchases. Additionally, the company has increased dividends to shareholders five times in as many years. Prior to joining The Home Depot in 1995, she was vice president and treasurer of Riverwood International Corporation. Carol began her career as a commercial lender with United Bank of Denver (now Wells Fargo) and then spent several years as director of banking for the Johns-Manville Corporation. In addition to her responsibilities at The Home Depot, Carol is also a member of the UPS board of directors and serves as chair of its audit committee. Community service is a priority for Carol. She is an active volunteer, serving as a member of The Committee of 200, American Red Cross Board of Governors, the Atlanta Botanical Garden board of directors and the Georgia Tech Advisory Council. In addition, Carol chaired the board of directors of the Metro Atlanta Chamber of Commerce in 2012. In 2012, The Wall Street Journal ranked Carol No. 2 on its list of the best chief financial officers in corporate America and Fortune Magazine listed her among the top 50 most powerful women in Business.
