Home Depot appoints interim CEO leadership as Ted Decker takes medical leave

Insight summary

• •Home Depot CEO Ted Decker is taking a medical leave expected to last a few months.
• •Ann-Marie Campbell will lead day-to-day operations during Decker's absence.
• •CFO Richard McPhail will oversee financial management and Pro subsidiaries temporarily.
• •Greg Brenneman will become chairman of the board during the CEO's leave.
• •Both Campbell and McPhail have extensive experience with the company and no compensation changes during this period.
• •Recent leadership changes include placing store, supply chain, and Pro product teams under the Chief Technology Officer to boost growth.
• •Home Depot will report its second quarter earnings results soon.