The Wall Street Journal (subscription required) reported this weekend that Home Depot board members are expected to visit this week with investor Ralph Whitworth, head of Relational Investors, which owns 1.3% of HD stock. Whitworth has been critical of HD’s strategy recently and says that big changes are necessary to boost the stock price post-Nardelli. Bob Nardelli recently resigned his post as CEO.
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Whitworth has been critical of HD’s supply business, telling CNBC’s Closing Bell in January: What we believe is that management should be focused like laser beams on the core business, improving the customer experience, …
