Home Depot CIO Steps Down

Home Depot CIO/EVP Bob DeRodes has resigned and will leave the $77 billion home improvement chain "at the end of the year," according to a statement Home Depot issued Thursday. DeRodes will continue to run IT until he leaves, the statement said, as the chain starts a search for his replacement.

DeRodes joined Home Depot in February 2002 and the statement credited him with several major IT rollouts, including self-checkout, "continual point of sale upgrades," BEAR, the Company's back-end automated receiving system and an SAP Finance implementation that was considered at the time the largest ever. He was also credited with opening the Austin Technology Center in 2005, "which provided needed backup systems and security for the Company's data management infrastructure."