Home Depot CEO Ted Decker Takes Temporary Medical Leave; Interim Leadership Named
HD sits 23% above its 52-week low of $289.1.
Summary
Home Depot CEO Ted Decker is taking a temporary medical leave. Ann-Marie Campbell and CFO Richard McPhail will share CEO duties, with lead director Greg Brenneman chairing the board during his absence.
Key Events · Executive and Board Changes · HD
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CEO Medical Leave
Chair, President and CEO Edward P. Decker will take a temporary medical leave of absence, with an expected return within the next few months.
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Interim Leadership Structure
Ann-Marie Campbell, Senior EVP, will oversee day-to-day operations; Richard V. McPhail, EVP and CFO, will oversee financial management and Pro subsidiaries and serve as interim principal executive officer; independent lead director Gregory D. Brenneman will chair the board.
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No Compensation Changes
No changes have been made to Campbell or McPhail's compensation related to their assumption of the Office of the CEO responsibilities.
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Leadership Tenure
Campbell has been with Home Depot since 1985 and Senior EVP since 2023; McPhail has been CFO since 2019 and with the company since 2005.
Analysis · HD · Trade & Services
A temporary medical leave for CEO Ted Decker introduces uncertainty at the top of the world's largest home improvement retailer, especially amid a challenging macro environment with declining earnings and paused buybacks. To ensure stability, the board has appointed two long-tenured executives—Ann-Marie Campbell and Richard McPhail—to jointly run the office of the CEO, with no compensation changes, signaling a planned transition. While the leave is expected to last only a few months, any leadership vacuum at a $353B company warrants investor attention.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 29.7% of the 1528 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HD was trading at $354.27 on NYSE in the Trade & Services sector, with a market capitalization of approximately $353.5B. The 52-week trading range was $289.10 to $426.75. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.