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Home Depot Stock Drops as CEO Takes Medical Leave

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Home Depot shares fell by 2.7% on Wednesday after CEO Ted Decker announced he would be taking a temporary medical leave of absence.

The company expects Decker to return within the next few months, but in the meantime, two senior executives will oversee operations.

Ann-Marie Campbell, Senior EVP, will provide day-to-day oversight, while Richard McPhail, EVP and CFO, will manage financial management and Pro subsidiaries.

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