Craig Menear continues as Chairman of the BoardATLANTA , Jan. 28, 2022 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world's largest home improvement chain, announced today that Edward “Ted” Decker has been named CEO and President, and was elected to the company's board of directors, with a start date for all of these appointments being March 1, 2022. Craig Menear, current president and chief executive officer, will continue to serve as chairman of the board.“As a 22-year associate of The Home Depot, Ted has nurtured our culture by living our values ​​and demonstrating servant leadership throughout his career,” said Menear.“Ted has grown with the company taking on expanded leadership roles from his time in Strategic Business Development, Finance and Marketing to leading our day-to-day networked operations in his role as president and chief operating officer.His ability to combine the art and science of retail is exactly what is needed in the next phase of growth for The Home Depot.I have tremendous confidence that he will lead our company to new heights.”Decker joined The Home Depot in 2000 and was named president and chief operating officer (COO) in October 2020, where he was responsible for global store operations, global supply chain, outside sales and service, real estate , as well as sales, marketing and online strategy, serving professional and self-employed clients in physical and online stores.Previously, Decker served as chief commercial officer and executive vice president of merchandising, where he was responsible for all departments of physical and online merchandising, merchandising strategy, vendor management and services, and in-store environment.“On behalf of the board, I want to thank Craig for his exceptional leadership over the past seven years,” said Greg Brenneman, the board's lead director.“Among Craig's many accomplishments, he built a world-class leadership team, drove a bold strategic vision focused on the connected retail experience, and delivered great results for our shareholders, all while furthering The Home Depot's unique culture based on values.We are fortunate to have a strong successor in Ted and look forward to working with him and the entire Home Depot management team as the company enters its next phase of growth."ABOUT THE HOME DEPOT The Home Depot is the world's largest chain of home improvement stores.At the end of the third quarter, the company operated a total of 2,317 retail stores in all 50 states, the District of Columbia, Puerto Rico, the United States Virgin Islands, Guam, 10 Canadian provinces, and Mexico, including 14 stores in the United States that are the product of a small acquisition completed during the second quarter of fiscal year 2021. The company employs nearly 500,000 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.Photo: https://mma.prnewswire.com/media/1735784/Ted_Decker_Home_Depot.jpg Logo: https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg