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Carnegie Mellon University ( MBA) Occupation (s) CEO and President of The Home Depot, Inc. Edward Decker (born 1963) [1] is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. [2] [3] He was scheduled to become the chairman of the company in October 2022.
In January 2022, The Home Depot announced Craig Menear would be stepping down as the CEO and president effective March 1, 2022, while continuing to serve as the chairman of the board. He was replaced by former executive vice president Ted Decker. In February 2023, Home Depot announced that it would spend $1 billion to raise hourly employee wages.
In January 2022, The Home Depot announced he would be stepping down as the CEO and President effective March 1, 2022 while continuing to serve as the chairman of the board. He is replaced by former executive vice president Ted Decker. Civic activities. Menear is a donor to his alma mater, Michigan State University.
People shop for lumber at a Home Depot store in Alhambra, Calif., on May 4, 2022. (FREDERIC J. BROWN/AFP via Getty Images) (FREDERIC J. BROWN via Getty Images)
In a sign of that caution, Home Depot reiterated its outlook for full-year sales to drop between 2% to 5% compared to fiscal 2022. Earnings are expected to drop between 7% and 13% compared to last ...
Home Depot ()'s earnings are downsizing as consumers pull back on their HGTV dreams.The home improvement store reported Q3 earnings on Tuesday morning. Sales are down 3.10% year over year, though ...
Bernard (Bernie) Marcus was born to Russian Jewish immigrant parents in Newark, New Jersey. [2] He was the youngest of four children and grew up in a tenement. He graduated from South Side High School in 1947. [3] Marcus wanted to become a doctor, and was accepted to Harvard Medical School, [4] [5] but could not afford the tuition.
When asked if Home Depot would have to shutter certain stores — following the footsteps of other retail giants — the CEO says the retailer has so far managed to avoid that.