September 21, 2012, 3:53 PM

Blue Nile’s founder joins Home Depot’s board

Mark Vadon founded the online jeweler in 1999.

Lead Photo

The founder of online jeweler Blue Nile Inc. has joined the board of The Home Depot Inc., the retail chain said today. Mark Vadon will sit on the board’s audit and finance committees.

Vadon co-founded Blue Nile in 1999 and was its president until 2007 and its CEO until 2008, when Diane Irvine took over that job. Vadon continues to serve at Blue Nile’s chairman, while Harvey Kantar became CEO in March.

In 2009, Vadon founded Zulily Inc., an e-commerce operator that offers limited-time, discounted sales on children’s clothes and related products. He is chairman of Zulily’s board.

Blue Nile is No. 71 in the Internet Retailer Top 500 Guide. The Home Depot is No. 42.

"Mark's expertise in developing and implementing successful online strategies will be a benefit to our company and an asset to our board," said Frank Blake, Home Depot’s chairman and CEO. "I am pleased to welcome him to the board and look forward to his contributions."

Home Depot recently announced plans to close its seven large-format stores in China and emphasize online sales there.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Sven Hammar / E-Commerce

4 ways to keep customers from abandoning your shopping cart

Think of the 69% industry average cart abandonment rate as an opportunity to win incremental ...

FPO

Ralph Tkatchuk / E-Commerce

5 ways retailers can reduce shopping cart abandonment

There are steps web merchants can take all along the path to purchase that can ...

Advertisement