Summary
The Home Depot, Inc. (HD) has filed an 8-K report on August 12, 2026, announcing a significant leadership transition. Edward P. Decker, the current Chair, President, and CEO, is taking an immediate temporary medical leave. During his absence, the Board of Directors has appointed two seasoned executives to manage the company's leadership functions. Ann-Marie Campbell, Senior Executive Vice President, will oversee day-to-day operations, while Richard V. McPhail, Executive Vice President and CFO, will manage financial operations and Pro subsidiaries, also serving as interim principal executive officer. This strategic appointment aims to ensure business continuity and stability during Mr. Decker's medical leave, with no immediate changes to the appointed executives' compensation.
Key Highlights
- 1CEO Edward P. Decker is taking a temporary medical leave.
- 2Ann-Marie Campbell appointed to oversee day-to-day operations.
- 3Richard V. McPhail designated as interim principal executive officer and will oversee financial management and Pro subsidiaries.
- 4Gregory D. Brenneman will chair the Board as independent lead director during Mr. Decker's absence.
- 5No changes to Ms. Campbell's or Mr. McPhail's current compensation are reported at this time.
- 6This leadership change is intended to ensure operational continuity during the CEO's medical leave.
- 7The company issued a press release on August 12, 2026, to announce these changes.