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The Property Depot Names Ted Decker President and Chief Functioning Officer Announces Supplemental Senior Management Promotions

ATLANTA, Oct. 2, 2020 /PRNewswire/ — The Home Depot®, the world’s most significant house improvement retailer, now declared that Edward “Ted” P. Decker has been named president and main operating officer, helpful Oct 5, 2020. Decker, a 20-yr veteran of the business, has served as govt vice president of merchandising since 2014. As the firm’s main merchant, he has been responsible for all shop and on line merchandising departments, merchandising method, products and services and seller administration, marketing and in-shop surroundings. In his new part, he will suppose extra responsibility for global keep operations, world wide provide chain, and outside the house sales and company.


The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

“Ted is an extraordinary chief who has increased our competitiveness and interconnected system by mixing the artwork and science of retail while also driving remarkable final results with both equally our in-shop and on the web customer encounter,” said Craig Menear, chairman and CEO of The Home Depot. “We are particularly privileged to have what I think to be one of the very best executive leadership groups in retail. Ted’s promotion and the extra variations we are asserting will further more bolster the team’s strategic management and operational performance, when I keep on to emphasis in excess of the upcoming few many years on the lengthy-expression progress and strategic positioning of the business.”

Ann-Marie Campbell has been named government vice president of U.S. suppliers and global operations, incorporating responsibility for all functions, enterprise capabilities and approach for the company’s Canada and Mexico businesses to her latest responsibilities. The presidents of The Dwelling Depot Canada and The Residence Depot Mexico will now report to her. Campbell, a 35-calendar year veteran of The Household Depot, will now direct additional than 2,200 suppliers and 400,000 associates.   

Jeff Kinnaird has been promoted to government vice president of merchandising, reporting to Decker. Most not long ago, he was president of The Property Depot Canada. He earlier served as merchandising vice president of Canada, overseeing merchandising system, global sourcing for the division, and development of personal label brand names across Canadian stores and on-line. Prior to that, he was regional vice president of operations for The Property Depot Canada. Kinnaird commenced his vocation at The House Depot just about 25 decades ago as an hourly affiliate in the lumber aisles.

Michael Rowe has been promoted to president of The Residence Depot Canada. Rowe was most a short while ago vice president of e-commerce, advertising and marketing and contractor expert services, the place he led all advertising and marketing initiatives throughout Canada, as nicely as e-commerce, installation providers, contractor companies and tactic. Prior to that, he served as main monetary officer for The Home Depot Canada. Rowe joined the enterprise in 2006.

Richard McPhail, government vice president and chief fiscal officer, will believe the added accountability for the firm’s corporate strategy and strategic enterprise progress. McPhail joined the company in 2005 and was named CFO in 2019, with responsibility for controlling the company’s financial functionality as nicely as capital allocation, investor relations, tax and treasury.

About The Property Depot

The Dwelling Depot is the world’s largest residence improvement specialty retailer, with 2,294 retail suppliers in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot experienced gross sales of $110.2 billion and earnings of $11.2 billion. The organization employs a lot more than 400,000 associates. The Residence Depot’s stock is traded on the New York Stock Exchange (NYSE: High definition) and is provided in the Dow Jones industrial common and Normal & Poor’s 500 index.

 

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Resource The Household Depot