New marketing head for top retailer

Home Depot has a new head of marketing. John Costello, aged 55, has been appointed executive vice president and chief marketing officer. He will be responsible in this capacity for global marketing and advertising, branding and market research as well as working on long-term growth strategies. Costello joins the company from Yahoo. In a career spanning more than 25 years, he also held a key post at Sears for a time.