House Depot CEO Ted Decker is taking a “non permanent medical depart of absence” for the subsequent few months and the corporate has appointed two high deputies to guide till he returns, the retailer introduced Wednesday.
Ann-Marie Campbell, House Depot’s senior govt vp of U.S. shops and operations, will oversee day-to-day operations whereas finance chief Richard McPhail will run monetary administration and the Professional enterprise, the corporate mentioned.
Lead impartial director of the board, Greg Brenneman, will take over as chair of the board throughout Decker’s depart. The board of administrators made the appointments however they have been “in alignment with Decker’s suggestion,” the corporate mentioned.
“The House Depot has the very best administration group in retail. Each Ann-Marie and Richard are sturdy, seasoned executives who’ve labored collectively for greater than 20 years,” Brenneman mentioned in a information launch. “We’re assured in Ann-Marie’s and Richard’s capacity to guide the corporate throughout this time, and we stay up for Ted’s return.”
An aerial view of a House Depot retailer on November 18, 2025 in San Rafael, California.
Justin Sullivan | Getty Pictures Information | Getty Pictures
The announcement comes just below every week earlier than the corporate is about to announce fiscal second-quarter earnings on Tuesday. House Depot did not present additional particulars on Decker’s situation.
Campbell, 61, has labored for House Depot since 1985, beginning as a cashier earlier than working her manner as much as EVP of shops and operations. McPhail, 56, has been House Depot’s chief monetary officer since September 2019 and joined the corporate in 2005.
Each of the executives aren’t receiving further pay for taking over the elevated obligations, in keeping with a securities submitting.
