Home Depot Stock Drops as CEO Takes Medical Leave
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.