The Home Depot, Inc.
Leadership History
5 leaders · 2007 to present
Ted Decker is the CEO of Home Depot, in the role since 2022. The first chief executive was Frank Blake, from 2007.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Ann-Marie Campbell | Senior Executive Vice President (interim co-leader during CEO medical leave) | 2026 | Present | < 1 |
| Richard McPhail | Executive Vice President and Chief Financial Officer (interim co-leader during CEO medical leave) | 2026 | Present | < 1 |
| Ted Decker | Chair, President, and Chief Executive Officer | 2022 | Present | 4 |
| Craig Menear | Former Chairman and Chief Executive Officer | 2014 | 2022 | 8 |
| Frank Blake | Chief Executive Officer | 2007 | 2014 | 7 |
The Home Depot is the largest home improvement retailer in the world. Based in Atlanta, it popularized the warehouse-style hardware store in the 1980s and 1990s by combining wide selection and everyday low prices with staff who could explain how to do a project. Today it runs 2,364 stores in the U.S., Canada and Mexico, a large online business, and more than 1,340 SRS Distribution branches serving trade contractors. It reported $164.7 billion in fiscal 2025 sales and employs more than 470,000 associates. The company is headquartered in Atlanta, Georgia.
Senior Executive Vice President (interim co-leader during CEO medical leave)
2026 – Present
0 years (current)
Campbell oversees store operations and related functions and was named an interim leader in August 2026 while Ted Decker is on medical leave.
Campbell has spent decades at Home Depot, starting as a cashier and rising through store operations leadership. She now shares interim leadership of the company with CFO Richard McPhail.
Executive Vice President and Chief Financial Officer (interim co-leader during CEO medical leave)
2026 – Present
0 years (current)
McPhail has served as CFO since 2019 and became an interim co-leader of the company in August 2026. He presented the Q2 fiscal 2026 results and reaffirmed full-year guidance.
McPhail directs capital allocation and is responsible for financing the SRS and GMS acquisitions while the company keeps paying dividends.
Chair, President, and Chief Executive Officer
2022 – Present
4 years (current)
Decker became CEO in March 2022 and chair in October 2022 after joining Home Depot in 2000 and holding merchandising, strategy and operations roles. He has made complex Pro customers the main growth priority. Under him, Home Depot bought SRS Distribution for about $18.25 billion in 2024 and GMS for about $5.5 billion in 2025, and in July 2026 he reorganized the company's technology and product teams around the customer experience.
Decker is shifting Home Depot from a store-centered retailer toward a combined retail and trade distribution business. On August 12, 2026, the company said he would take a temporary medical leave and was expected back within a few months. Senior EVP Ann-Marie Campbell and CFO Richard McPhail are leading the company during his absence.
Former Chairman and Chief Executive Officer
2014 – 2022
8 years
During his transformative eight-year tenure as CEO, Craig Menear officially recognized that the future of retail required integration between digital software and physical logistics. He launched the 'One Home Depot' strategic initiative, committing over $11 billion to reinvent the company's supply chain, expand its digital e-commerce capabilities, and upgrade the physical store environment. He deliberately shifted the corporate focus from simply opening new brick-and-mortar locations to maximizing the efficiency and digital connectivity of existing assets.
Menear orchestrated one of the most impressive, digital transformations in the history of traditional retail. His visionary $11 billion investment in the 'One Home Depot' strategy essentially future-proofed the corporation, transforming it into an efficient, digitally integrated logistics leader. By recognizing the existential threat posed by specialized e-commerce competitors, he pivoted the organization toward a smooth omnichannel strategy that continues to drive record-breaking financial returns today.
Chief Executive Officer
2007 – 2014
7 years
Frank Blake served as chief executive of The Home Depot, Inc. from 2007 to 2014.
Demand for big projects is tied to housing turnover. Since 2022, high mortgage rates have locked many owners into their existing homes, and management described the market as frozen as recently as August 2026. Comparable sales were roughly flat from fiscal 2023 through fiscal 2025. Tariffs and higher fuel and energy costs are squeezing product costs; the fiscal 2026 guidance assumes refunds of IEEPA tariffs will only partly offset them. The SRS and GMS deals added debt and integration work, and distribution margins are lower than retail margins. Lowe's is also chasing Pro customers with its own distribution deals. Labor costs across more than 470,000 associates and the company's history of data breaches (2014) add further operating risk.
The Home Depot's leadership history includes co-founders Bernie Marcus (CEO 1978 to 1997) and Arthur Blank (CEO 1997 to 2000), followed by Robert Nardelli (2000 to 2007), Frank Blake (2007 to 2014), Craig Menear (2014 to 2022), and current CEO Ted Decker (2022, present).
Bernie Marcus and Arthur Blank built Home Depot's culture around the famous 'orange apron' values: customer service excellence, entrepreneurial store management, associate profit-sharing, and an inverted pyramid management philosophy where frontline store associates are placed at the very top of corporate priority.
Robert Nardelli (CEO 2000 to 2007) instituted strict centralized operational controls, metrics-driven cost cutting, and expanded wholesale supply businesses. However, aggressive cuts to experienced floor staff harmed customer service ratings and store morale, culminating in his departure in 2007 with a high-profile severance package.
Frank Blake (CEO 2007 to 2014) revitalized Home Depot by divesting non-core wholesale assets (HD Supply at the time), recommitting to the founding orange-apron customer service culture, reinvesting in store labor and visual standards, and initiating the foundational investments in digital interconnected retail.
Craig Menear (CEO 2014 to 2022) spearheaded the transformative multi-billion-dollar 'One Home Depot' interconnected retail strategy, modernized digital and mobile commerce, re-acquired HD Supply for $8 billion, and guided the company through consumer demand surges during the COVID-19 home improvement boom.
Ted Decker, who became CEO in March 2022 after over two decades at the company, brings deep expertise in merchandising and supply chain strategy. His vision focuses on expanding Home Depot's share of complex Pro contractor business (exemplified by the SRS Distribution acquisition), scaling interconnected retail, and driving operational productivity.
The Home Depot prioritizes rigorous internal talent cultivation and executive development. Leaders like Frank Blake, Craig Menear, and Ted Decker were promoted from within senior leadership ranks, ensuring deep cultural immersion and institutional continuity in executing strategic growth plans.
Ted Decker serves as both Chair of the Board and CEO, working alongside an independent Lead Director and board committees (Audit, Compensation, Nominating & Governance) to oversee long-term capital allocation, risk management, executive compensation, and corporate strategy.
Ted Decker currently serves as CEO. He took over from Craig Menear (who brilliantly navigated the pandemic boom). However, the most infamous CEO is Robert Nardelli (2000-2007). Nardelli brought a ruthless, GE-style corporate culture to the stores, replacing highly knowledgeable plumbers with cheap part-time workers, which nearly destroyed the company's legendary customer service.
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