The Home Depot, Inc. Management Incentive Plan Fiscal Year 2007 Performance Measures
The Home Depot, Inc. established specific performance measures for its 2007 Management Incentive Plan, as approved by its Leadership Development and Compensation Committee. These measures determine incentive payments to executive officers based on the company's financial performance. For the Retail segment, payments are tied to actual sales and operating profit compared to set targets. For the HD Supply segment, payments depend on segment and platform EBIT and ROIC, also measured against targets. The agreement outlines how executive bonuses are calculated for the 2007 fiscal year.
THE HOME DEPOT, INC.
MANAGEMENT INCENTIVE PLAN
FISCAL YEAR 2007 PERFORMANCE MEASURES
On March 21, 2007, the Leadership Development and Compensation Committee of the Board of Directors of The Home Depot, Inc. approved performance measures to be used to determine payments to the Company’s Executive Officers under the Company’s Management Incentive Plan for the Company’s 2007 fiscal year. The performance measures for the Retail segment are based on actual sales and operating profit measured against specified targets. The performance measures for the HD Supply segment are based on segment and platform EBIT and ROIC measured against specified targets.
