Home Depot Sees Share Price Slip After New Orange Apron Media Head Takes Charge
Home Depot (HD) recently announced Christine Foster as its new general manager and vice president of Orange Apron Media, effective September 8. This change has led to a fractional loss in Home Depot's share price during Wednesday morning's trading.
Foster comes from Kroger Precision Marketing, where she handled commercial strategy and operations, including digital advertising sales and operations. In her new role, she will oversee the strategic direction of Orange Apron Media, focusing on improving revenue growth and establishing new brand partnerships.
Home Depot's share price has declined by 17.23% over the past year. Analysts have a Moderate Buy consensus rating on HD stock, with an average price target of $387.16 per share, indicating a potential upside of 14.98%.