ATLANTA, Oct. 2, 2020 /CNW/ -- The Home Depot®,
the world's largest home improvement retailer, today announced that
Edward "Ted" P. Decker has been named president and chief operating
officer, effective October 5, 2020.
Decker, a 20-year veteran of the company, has served as executive
vice president of merchandising since 2014. As the company's chief
merchant, he has been responsible for all store and online
merchandising departments, merchandising strategy, services and
vendor management, marketing and in-store environment. In his new
role, he will assume additional responsibility for global store
operations, global supply chain, and outside sales and service.
"Ted is an incredible leader who has enhanced our
competitiveness and interconnected strategy by blending the art and
science of retail while also driving outstanding results with both
our in-store and online customer experience," said Craig Menear, chairman and CEO of The Home
Depot. "We are extremely fortunate to have what I believe to be one
of the finest executive leadership teams in retail. Ted's promotion
and the additional changes we are announcing will further
strengthen the team's strategic leadership and operational
efficiency, while I continue to focus over the next few years on
the long-term growth and strategic positioning of the company."
Ann-Marie Campbell has been named
executive vice president of U.S. stores and international
operations, adding responsibility for all operations, business
functions and strategy for the company's Canada and Mexico businesses to her current
responsibilities. The presidents of The Home Depot Canada and The
Home Depot Mexico will now report to her. Campbell, a 35-year
veteran of The Home Depot, will now lead more than 2,200 stores and
400,000 associates.
Jeff Kinnaird has been promoted
to executive vice president of merchandising, reporting to Decker.
Most recently, he was president of The Home Depot Canada. He
previously served as merchandising vice president of Canada, overseeing merchandising strategy,
global sourcing for the division, and growth of private label
brands across Canadian stores and online. Prior to that, he was
regional vice president of operations for The Home Depot Canada.
Kinnaird began his career at The Home Depot nearly 25 years ago as
an hourly associate in the lumber aisles.
Michael Rowe has been promoted to
president of The Home Depot Canada. Rowe was most recently vice
president of e-commerce, marketing and contractor services, where
he led all marketing and advertising efforts across Canada, as well as e-commerce, installation
services, contractor services and strategy. Prior to that, he
served as chief financial officer for The Home Depot Canada. Rowe
joined the company in 2006.
Richard McPhail, executive vice
president and chief financial officer, will assume the additional
responsibility for the company's corporate strategy and strategic
business development. McPhail joined the company in 2005 and was
named CFO in 2019, with responsibility for managing the company's
financial performance as well as capital allocation, investor
relations, tax and treasury.
About The Home Depot
The Home Depot is the world's largest home improvement specialty
retailer, with 2,294 retail stores 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 had sales of $110.2 billion and earnings of $11.2 billion. The company employs more than
400,000 associates. The Home Depot's stock is traded on the New
York Stock Exchange (NYSE: HD) and is included in the Dow Jones
industrial average and Standard & Poor's 500 index.
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SOURCE The Home Depot