Home Depot names new Canadian chief

The Home Depot, the world's largest home improvement retailer, announced that Aaron Carmack, regional VP for the Pacific North region, has been promoted to president, Home Depot Canada, effective Jan. 31. 

Carmack is replacing Annette Verschuren, who is leaving the company after nearly 15 years of service.

Verschuren will remain with the company until Jan. 30, the end of the company's 2010 fiscal year. During her tenure, she grew the division from 19 stores to its current position as the largest home improvement retailer in the country. 

"These past 15 years have been the best of my career," Verschuren said. "However, I am ready to take some time off and then plan the next chapter of my life." 

"We cannot thank Annette enough for all she has done for our company," said Frank Blake, chairman and CEO. "She has been The Home Depot Canada's leader from its infancy and has made it what it is today. We will miss her."

Carmack joined Home Depot in 2003 and was promoted to regional VP in 2007. Prior to Home Depot, he worked for Midas International and spent the first 15 years of his career with Sears. 

"Aaron has been a consistent high-performing regional vice president for the past several years. His proven record of success, coupled with his leadership ability, makes him an ideal fit to lead our Canadian division," Blake said.

Home Depot Canada currently operates 179 stores.