Dwelling Depot CEO Ted Decker is taking a “non permanent medical depart of absence” for the following few months and the corporate has appointed two high deputies to guide till he returns, the retailer introduced on Wednesday.
Ann-Marie Campbell, Dwelling Depot’s senior govt vp of U.S. shops and operations, will oversee day-to-day operations whereas finance chief Richard McPhail will run monetary administration and the Professional enterprise, the corporate mentioned.
Lead impartial director of the board, Greg Brenneman, will take over as chair of the board throughout Decker’s depart. The board of administrators made the appointments however they have been “in alignment with Decker’s suggestion,” the corporate mentioned.
“The Dwelling Depot has the most effective administration workforce in retail. Each Ann-Marie and Richard are sturdy, seasoned executives who’ve labored collectively for greater than 20 years,” Brenneman mentioned in a information launch. “We’re assured in Ann-Marie’s and Richard’s capacity to guide the corporate throughout this time, and we stay up for Ted’s return.”
An aerial view of a Dwelling Depot retailer on November 18, 2025 in San Rafael, California.
Justin Sullivan | Getty Pictures Information | Getty Pictures
The announcement comes slightly below every week earlier than the corporate is about to announce fiscal second quarter earnings on Tuesday. Dwelling Depot did not present additional particulars on Decker’s situation.
Campbell, 61, has labored for Dwelling Depot since 1985, beginning as a cashier earlier than working her method as much as EVP of shops and operations. McPhail, 56, has been Dwelling Depot’s chief monetary officer since September 2019 and joined the corporate in 2005.
Each of the executives aren’t receiving further pay for taking up the elevated duties, based on a securities submitting.
