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Blake agreed to a way more conservative compensation bundle than Nardelli, which may be very heavily dependent upon the success of the company. Although a longtime deputy to Nardelli at GE and Home Depot, Blake was mentioned to lack Nardelli’s onerous edge and as a substitute preferred to make choices by consensus. Indeed, Blake repudiated lots of his predecessor’s methods, and it has been reported that the 2 men haven’t spoken since Nardelli departed Home Depot. In 2006, the Home Depot acquired Hughes Supply the largest home retailer in the United States for $three.2 billion. Hughes Supply was built-in into The Home Depot Supply to higher serve business-to-enterprise customers. The Home Depot Supply rebranded under the brand new name HD Supply in January 2007.
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