The Home Depot has named John Deaton as its new vice president of supply chain and product development.

The change will take effect Nov. 1.

Deaton replaces Mark Holifield, who has accepted a role as CEO of U.S.-based last-mile delivery firm LaserShip after 15 years with The Home Depot.

Deaton himself has worked for The Home Depot for 14 years and has experience with supply chain, product development and retail operations.

In 2011, Deaton was promoted to senior vice president of brand and product development, where he has led the transformation of The Home Depot’s private brands portfolio, including the launch of HDX and the relaunch of Husky.

He was named senior vice president of supply chain in 2017, leading major aspects of the company’s supply chain operations including transportation, distribution and inventory management.

“We’re incredibly fortunate to have such a strong bench of talented leaders like John, who has delivered outstanding results with every challenge he’s taken on over the past 14 years at The Home Depot,” said Craig Menear, The Home Depot chairman and CEO. “And we are truly excited for Mark as he takes on his next career challenge. On behalf of the entire company, I want to thank him for his enormous contributions over the past 15 years, including developing great leaders like John.”