Home Depot Stock Drops as Christine Foster Takes the Reins at Orange Apron Media

Home Depot's stock (NYSE:HD) took a hit in trading on Wednesday morning as investors reacted to news of a key change in its leadership. Christine Foster, previously with Kroger Precision Marketing, will take over as general manager and vice president of Orange Apron Media, Home Depot's media ecosystem. Her tenure begins officially September 8.

Foster will oversee the strategic direction of Orange Apron Media and work to boost revenue growth through new partnerships. She has experience in commercial strategy and operations, digital advertising sales, and operations from her previous role at Kroger. This background should serve her well in her new position.