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Home Depot CEO Takes Medical Leave Amid Company Operations Handoff

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The Home Depot's CEO, Ted Decker, will take a temporary medical leave of absence. The company expects him to return within the next few months.

The board of directors has appointed two long-time executives to oversee the operations during his absence: Ann-Marie Campbell as senior EVP for day-to-day operations and Richard McPhail as EVP and CFO for financial management and Pro subsidiaries.

Greg Brenneman, independent lead director, will chair the board during Decker's leave. He expressed confidence in Campbell's and McPhail's ability to lead the company.

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