House Depot CEO Ted Decker is taking a “non permanent medical go away of absence” for the following few months and the corporate has appointed two prime deputies to guide till he returns, the retailer introduced Wednesday.
Ann-Marie Campbell, House Depot’s senior government vice chairman 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 stated.
Lead unbiased director of the board, Greg Brenneman, will take over as chair of the board throughout Decker’s go away. The board of administrators made the appointments however they have been “in alignment with Decker’s suggestion,” the corporate stated.
“The House Depot has the perfect administration workforce in retail. Each Ann-Marie and Richard are sturdy, seasoned executives who’ve labored collectively for greater than 20 years,” Brenneman stated in a information launch. “We’re assured in Ann-Marie’s and Richard’s capability 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 Photographs Information | Getty Photographs
The announcement comes slightly below per 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 approach 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 extra pay for taking over the elevated tasks, in line with a securities submitting.