Edward "Ted" P. Decker is the CEO of The Home Depot, a giant in the home improvement industry, since March 1, 2022. He has been with the company since 2000, climbing the ranks from strategic planning roles to top executive...

Number of Employees

471.6K

Year

2023

Total Compensation

$3.77M

Salary

$1.40M

Board Justification

The compensation philosophy aligns executive pay with company performance, with a significant portion of total compensation being performance-based to drive shareholder value.

Bonus

$2.29M

Board Justification

The bonus is based on the achievement of pre-established performance goals under the Management Incentive Plan (MIP) for Fiscal 2023.

Other

$74.89K

Board Justification

Other compensation includes various benefits such as contributions to retirement plans and perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested in 2023 as the focus is on performance-based awards that are contingent on future performance metrics.

Performance Metrics

Key performance metrics for determining compensation include sales, operating profit, and inventory turns.

SEC Filing

From April 1, 2024

Edward "Ted" P. Decker

CEO of Home Depot

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Education

Bachelor's degree from College of William and Mary and an MBA from Carnegie Mellon University

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1963 - 61 years ago

Is Founder?

No

Current Tenure

2 years 10 months (Mar 2022 - Present)

Previous Experience

Executive Vice President – Merchandising at Home Depot