Home Depot taps 20-year veteran as COO; announces other promotions

The Home Depot has promoted an insider to a top role in the company. 

The home improvement retailer named Edward "Ted" P. Decker as president and COO, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive VP of merchandising since 2014. In his new role, he will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

“Ted is an incredible leader who has enhanced our competitiveness and interconnected strategy by blending the art and science of retail while also driving outstanding results with both our in-store and online customer experience," said Craig Menear, chairman and CEO of The Home Depot. Menear had previously served as the company's COO.

In addition to Decker’s promotion, Home Depot announced a series of executive promotions that “will further strengthen the team's strategic leadership and operational efficiency while I continue to focus over the next few years on the long-term growth and strategic positioning of the company,” Menear said.

Here is the rundown on the promotions: 

•  Ann-Marie Campbell has been named executive VP of U.S. stores and international operations, adding responsibility for all operations, business functions and strategy for the company's Canada and Mexico businesses to her current responsibilities. 

•  Jeff Kinnaird, a 25-year company veteran, has been promoted to executive VP of merchandising, reporting to Decker. Most recently, he was president of The Home Depot Canada. Kinnaird began his career at The Home Depot nearly 25 years ago as an hourly associate in the lumber aisles. 

•  Michael Rowe has been promoted to president of The Home Depot Canada. Rowe was most recently VP of e-commerce, marketing and contractor services, where he led all marketing and advertising efforts across Canada, as well as e-commerce, installation services, contractor services and strategy Rowe joined the company in 2006.

•  McPhail, executive VP and CFO, will assume the additional responsibility for the company's corporate strategy and strategic business development. McPhail joined the company in 2005 and was named CFO in 2019.