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Home Depot Stock Drops as CEO Takes Medical Leave

Guavy AI Editorial Team
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Home Depot's stock price dropped by 2.7% on Wednesday after its CEO, Ted Decker, announced that he would be taking a temporary medical leave of absence.

The company expects Decker to return within the next few months and has appointed two executives to oversee operations in his absence.

Ann-Marie Campbell, senior EVP, will provide oversight of Home Depot's day-to-day operations, while Richard McPhail, EVP and CFO, will oversee financial management and Pro subsidiaries.

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