Home Depot Chief Executive Ted Decker will take a temporary medical leave of absence, the company announced Wednesday. Ted Decker, who took over the role in 2022 and is currently 63 years‑old, is expected to return in the next few months, according to a company statement. A company spokeswoman declined to share further details on the reason for Decker’s medical leave.

Ann‑Marie Campbell, the senior executive vice president of U.S. stores and operations, and Richard Mc Phail, chief financial officer, will oversee operations during his absence, Home Depot said. The home‑improvement chain has not changed Campbell or Mc Phail’s compensation structures related to their new positions, said the company in a financial filing.

The announcement comes as Home Depot continues to focus on operational stability and customer service during the CEO’s temporary absence. Stakeholders can expect a smooth transition as the leadership team maintains the company’s growth strategy and ongoing initiatives.