
Management ChangeAug 12, 2026, 09:12 AM
Home Depot CEO Ted Decker Takes Temporary Medical Leave
AI Summary
The Home Depot announced that its Chair, President, and CEO, Edward P. Decker, will take a temporary medical leave of absence. In his absence, the Board of Directors has appointed two long-time executives to oversee the Office of the CEO. Ann-Marie Campbell, Senior Executive Vice President, will manage day-to-day operations, while Richard V. McPhail, Executive Vice President and CFO, will oversee financial management and Pro subsidiaries, also serving as interim principal executive officer. Gregory D. Brenneman will chair the Board, and Mr. Decker is expected to return within a few months.
Key Highlights
- CEO Edward P. Decker takes temporary medical leave due to health reasons.
- Ann-Marie Campbell, Senior EVP, to oversee Home Depot's day-to-day operations.
- Richard V. McPhail, EVP and CFO, to oversee financial management and Pro subsidiaries.
- Mr. McPhail designated interim principal executive officer for SEC purposes.
- Gregory D. Brenneman, independent lead director, will chair the Board.
- CEO Decker is expected to return within the next few months.
- No immediate compensation changes for Ms. Campbell or Mr. McPhail related to new roles.
Price Impact
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