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Edward P. Decker

Chair, President, and CEO at HOME DEPOT
Board
Since March 2022
Age
61 years
Tenure
Joined HD in 2000 and advanced through several leadership roles—from strategic planning and retail finance positions to executive roles in merchandising and operations, eventually becoming President, Chief Operating Officer, and then Chair, President, and CEO in March 2022 (with the Chair role assumed in October 2022).

Also at HOME DEPOT

AC
Ann-Marie Campbell
Senior EVP
FS
Fahim Siddiqui
EVP and CIO
HP
Hector Padilla
EVP, U.S. Stores and Operations

About

Edward P. Decker, 61 years old, has built a distinguished career at HD since he joined the company in 2000. He has steadily progressed through various key roles, reflecting his deep understanding of strategic planning and retail operations. His journey includes significant contributions in areas such as merchandising, finance, and operational leadership.

Throughout his tenure, he has held several pivotal positions, including Executive Vice President of Merchandising, Senior Vice President of Retail Finance, and roles in strategic business development. His experience culminated in his appointment as President and Chief Operating Officer from October 2020 to February 2022, prior to advancing to his current role as Chair, President, and CEO in March 2022.

His extensive background at HD demonstrates a commitment to driving innovation and operational excellence. While specific personal details and educational background are not provided, his long-standing dedication and progressive leadership within the organization underscore his significant impact on the company’s strategic direction and operational effectiveness.

$HD Performance Under Edward P. Decker

Past Roles

OrganizationRoleDate RangeDetails
The Home DepotPresident and Chief Operating Officer (COO)October 2020 to February 2022 Responsible for global store operations, global sourcing operations, global supply chain, outside sales and service, real estate, merchandising, marketing, and online strategy
The Home DepotExecutive Vice President – MerchandisingAugust 2014 to October 2020 Oversaw merchandising strategy, marketing, vendor management, and the in-store environment
The Home DepotSenior Vice President – Retail Finance, Pricing Analytics, and Assortment PlanningOctober 2006 to July 2014 Managed retail finance and assortment planning
The Home DepotSenior Vice President – Strategic Business and Asset DevelopmentApril 2006 to September 2006 Focused on strategic business and asset development
The Home DepotVice President – Strategic Business DevelopmentNovember 2002 to April 2006 Worked on strategic business development
Kimberly-Clark Corp.Various Positions (Strategic Planning, Business Development, Finance, Treasury)N/AHeld various positions in strategic planning, business development, finance, and treasury
Scott Paper Co.Various Positions (Strategic Planning, Business Development, Finance, Treasury)N/AHeld various positions in strategic planning, business development, finance, and treasury

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,400,000AnnualRemained unchanged since appointment as President & CEO; salary was not increased for 2023
All Other Compensation$74,885AnnualIncludes company contributions to the THD Restoration Plan ($103,664) and incremental cost of perquisites for personal use of the company aircraft

Performance Compensation

Data from  FY 2023

Performance Shares

MetricThresholdTargetMaximumWeightGrant DateGrant Date Fair ValueShare Quantities (Threshold/Target/Maximum)
Three-Year Average ROIC33.3%39.2%45.1%50%March 22, 2023 N/A2,333 / 18,665 / 37,330
Three-Year Average Operating Profit$19.41B$22.84B$26.26B50%March 22, 2023 N/AN/A

Vesting: Cliff-vest at the end of the three-year performance period (2023–2025) contingent upon achieving the performance targets.


Annual Stock Grant

DetailValue
Grant ConditionFiscal 2023 operating profit ≥ 90% of MIP target
Grant DateMarch 22, 2023
Grant Date Fair Value$3,164,949
Number of Shares Granted11,199 shares
Grant Date Stock Price$282.61 per share
Vesting Schedule50% at 30-month anniversary; 50% at 60-month anniversary

Annual Option Grant

DetailValue
Grant DateMarch 22, 2023
Grant Date Fair Value$2,109,958
Exercise/Stock Price$282.61 per share
Vesting Schedule25% per year on the second through fifth anniversaries
NatureTime-based; not tied to specific performance metrics

Management Incentive Plan (MIP)

MetricThresholdTargetMaximumWeightActual Performance
Sales$141.66B$157.40B$173.14B45%$152.46B
Operating Profit$20.53B$22.82B$25.10B45%$21.65B
Inventory Turns3.894.324.7510%4.34

Payout: Achieved payout of 82% of target resulting in $2,290,880.

Note: This is a cash-based incentive with evaluation at fiscal year end; no vesting schedule applies.


Death or Disability Value of Performance Shares

AwardPerformance MetricProration FactorValuation DetailTotal Value
Fiscal 2022-2024 Award36.0% actual728/1,099 daysCalculated using closing price $355.30 on January 26, 2024 Included in total below
Fiscal 2023-2025 Award70.0% actual364/1,099 daysCalculated using closing price $355.30 on January 26, 2024 Included in total below

Total Value of Performance Shares for Death or Disability: $6,886,069 as of January 28, 2024.


Overall, these performance-based components for 2023 combine time-based and performance-based equity awards along with cash incentives tied to clearly defined financial metrics and vesting conditions. Each component has specific performance targets and evaluation periods ensuring that the compensation aligns with both short-term and long-term company performance.

Interviews

Home Depot CEO Ted Decker goes one-on-one with Jim Cramer thumbnail

Home Depot CEO Ted Decker goes one-on-one with Jim Cramer

CNBC Television
13:43 min
Mar 21, 2025
The Home Depot’s Ted Decker: Exceptional Leaders / Exceptional Ideas thumbnail

The Home Depot’s Ted Decker: Exceptional Leaders / Exceptional Ideas

Morgan Stanley
9:58 min
Oct 5, 2023
Home Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demand thumbnail

Home Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demand

CNBC Television
6:34 min
Nov 15, 2024
Home Depot CEO Ted Decker: We are operating really well thumbnail

Home Depot CEO Ted Decker: We are operating really well

CNBC Television
4:17 min
Nov 20, 2023
Home Depot CEO Ted Decker: We knew spending would shift from goods to services thumbnail

Home Depot CEO Ted Decker: We knew spending would shift from goods to services

CNBC Television
6:57 min
Jun 13, 2023
Home Depot CEO: We are looking for housing to unlock thumbnail

Home Depot CEO: We are looking for housing to unlock

CNBC Television
1:50 min
Nov 15, 2024
Tech Talks Business Featuring Ted Decker and Fahim Siddiqui thumbnail

Tech Talks Business Featuring Ted Decker and Fahim Siddiqui