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...
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 positions. Before becoming CEO, he was the President and COO, where he improved store operations and merchandising strategies. His background includes executive roles at Kimberly-Clark, which helped him develop his finance and operational skills. In 2023, Decker's total pay was over $14 million, primarily from a $1.4 million salary and bonuses based on company performance goals. Interestingly, his compensation does not include stock awards, meaning he doesn’t get a guaranteed payout from stock performance, which shows a focus on future growth. Decker also owns a large amount of Home Depot stock, with some transactions valued at $57.6 million, indicating a strong belief in the company’s potential. Along with his CEO position, he became Chair of the Board in October 2022, making him a crucial driver of strategy at Home Depot.