The Home Depot® announced that its Board of Directors has elected CEO and President Edward "Ted" Decker as chair of the board, effective October 1, 2022. He will succeed Craig Menear, who will retire as chair effective September 30, 2022. Decker, a 22-year veteran of The Home Depot, was named CEO in March 2022.

He was named president and chief operating officer in October 2020. Decker joined The Home Depot in 2000 as a director of business valuation and has held numerous strategic positions across the company.