By Yasin Ebrahim
Investing.com -- Home Depot (NYSE:HD) said Thursday that Ted Decker would replace retiring Craig Menear as chairman starting in October.
Ted Decker, whose career spanned 22 years at the home improvement retailer, was named CEO in March 2022. “During Ted’s tenure as CEO and a member of the board, we have witnessed firsthand his passion for the customer experience and our associates, and we look forward to continuing to work with him as chair,” said Greg Brenneman, the board’s lead director. “On behalf of the Board of Directors, I want to thank Craig for his unwavering commitment to The Home Depot’s values and his visionary leadership, which established a solid foundation for the long-term success of the company.”