8/18, 10:22 PM (Source: TeleTrader)
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Home Depot CEO to become board chair

The Home Depot Inc. CEO and President Edward "Ted" Decker will replace outgoing Board of Directors Chair Craig Menear, the company announced on Thursday.

Menear will retire as chair on September 30, 2022. Decker also replaced Menear as CEO in March 2022 after serving as president and chief operating officer for a year and a half.

Greg Brenneman, the board's lead director, praised Decker's "passion for the customer experience and our associates" and commended Menear's "unwavering commitment to The Home Depot's values and his visionary leadership."

Baha Breaking News (BBN) / MS