Home Depot CEO takes medical leave of absence
Key Points:
- Home Depot CEO Ted Decker is taking a temporary medical leave of absence and is expected to return within the next few months, the company announced.
- During Decker's absence, Senior Executive Vice President Ann-Marie Campbell will manage day-to-day operations, while CFO Richard McPhail will oversee financial management and Pro subsidiaries.
- Independent lead director Greg Brenneman will chair the board during Decker's leave, expressing confidence in Campbell and McPhail’s leadership capabilities.
- Campbell has been with Home Depot since 1985 and became senior executive vice president in November 2023, while McPhail has been CFO since 2019 and with the company since 2005.
- Home Depot operates 2,361 retail stores and over 1,280 SRS locations across North America, employing more than 470,000 associates.