The Home Depot has named Edward “Ted” Decker as its new president and chief operating officer, effective Oct. 5.
Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014.
As the company's chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing, and in-store environment.
In his new role, Decker 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. "We are extremely fortunate to have what I believe to be one of the finest executive leadership teams in retail.”
Menear had previously served as the company's COO.
The world’s largest home improvement retailer also 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,” according to Menear.