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On Frank Blake’s approach to Home Depot’s traditions:
“Frank has been very observant about the symbols,” said Joel M. Koblentz, senior partner with The Koblentz Group, an executive and board search firm in Atlanta. “There was a symbol that Bernie and Arthur had: That we’re all associates and we’re available. We’re all in this boat together.”
On Home Depot’s succesion possibilities:
“While no one suggests Blake will retire soon, Home Depot is grooming at least three internal candidates to take over in a few years, said Koblentz: Carol Tome, chief financial officer, Craig Menear, executive vice president of merchandising, and Ellison, the head of U.S. stores.”
Comparing Frank Blake to other notable Atlanta CEO’s:
Koblentz suggested Blake is another example of why “intellectual CEOs” are more in demand than “imperial CEOs” of the past. He likened Blake to other successful, low-key CEOs that once led Atlanta corporate giants, including Kent “Oz” Nelson and Mike Eskew at UPS and David Garrett at Delta Air Lines.