{"id":402,"date":"2023-05-01T09:21:00","date_gmt":"2023-05-01T09:21:00","guid":{"rendered":"https:\/\/ceoww.com\/?p=402"},"modified":"2023-11-20T14:58:18","modified_gmt":"2023-11-20T14:58:18","slug":"home-depot-ceo-ted-decker","status":"publish","type":"post","link":"https:\/\/ceoww.com\/home-depot-ceo-ted-decker","title":{"rendered":"Get to know Home Depot CEO Ted Decker"},"content":{"rendered":"\n<p>Ted Decker is a well-known figure in the retail industry, having spent over two decades with Home Depot. As the company&#8217;s CEO, he has overseen impressive growth and innovation, while also prioritizing employee well-being and sustainability. In this article, we&#8217;ll take a closer look at Decker&#8217;s career journey, <a href=\"https:\/\/ceoww.com\/tag\/leadership\">leadership<\/a> style, net worth, and the challenges he&#8217;s faced along the way.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#Career_start\" title=\"Career start\">Career start<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#How_he_became_Home_Depots_CEO\" title=\"How he became Home Depot&#8217;s CEO\">How he became Home Depot&#8217;s CEO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#Leadership_style\" title=\"Leadership style\">Leadership style<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#Net_worth\" title=\"Net worth\">Net worth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#Challenges\" title=\"Challenges\">Challenges<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ceoww.com\/home-depot-ceo-ted-decker\/#Lessons_from_his_career\" title=\"Lessons from his career\">Lessons from his career<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Career_start\"><\/span>Career start<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Decker began his career with <a href=\"https:\/\/ceoww.com\/tag\/home-depot\">Home Depot<\/a> in 1999 as an associate in a store. He quickly rose through the ranks, taking on positions of increasing responsibility over the years. In 2014, he was named senior vice president of merchandising, and in 2017, he became executive vice president of merchandising. In this role, he oversaw all aspects of merchandising for the company, including product assortment, pricing, and inventory management.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_he_became_Home_Depots_CEO\"><\/span>How he became Home Depot&#8217;s CEO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In February 2020, Decker was named Home Depot&#8217;s CEO, succeeding Craig Menear, who had held the position since 2014. Decker&#8217;s appointment came at a time of significant change for the company, as it sought to adapt to the rapidly evolving retail landscape and capitalize on new opportunities in e-commerce and digital transformation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Leadership_style\"><\/span>Leadership style<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the key hallmarks of Decker&#8217;s leadership style is his focus on innovation and digital transformation. He has emphasized the need for Home Depot to &#8220;lean into technology&#8221; and embrace new ways of doing business in order to stay ahead of the competition. Under his leadership, the company has invested heavily in digital initiatives, including the launch of a new mobile app and the expansion of its online product assortment.<\/p>\n\n\n\n<p>In addition to his focus on innovation, Decker is also known for his commitment to employee well-being and development. He has described Home Depot&#8217;s culture as one of care, with a focus on initiatives like mental health resources and career development programs. This commitment to employees has been particularly evident during the COVID-19 pandemic, as the company has implemented measures to keep employees and customers safe and supported.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Net_worth\"><\/span>Net worth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While Decker&#8217;s net worth is not publicly disclosed, he is thought to have a significant financial stake in Home Depot. As of April 2021, the company&#8217;s stock price had risen by more than 30% since Decker&#8217;s appointment as CEO, reflecting the market&#8217;s confidence in his leadership.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges\"><\/span>Challenges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Like any successful executive, Decker has faced his share of challenges over the years. One of the biggest challenges he has encountered is the need to adapt to the rapidly changing retail landscape. With the rise of e-commerce and digital transformation, Home Depot has had to rethink its business model and find new ways to connect with customers. Decker has been at the forefront of these efforts, spearheading the company&#8217;s digital initiatives and driving growth in online sales.<\/p>\n\n\n\n<p>Another challenge Decker has faced is the need to balance competing priorities, such as <a href=\"https:\/\/ceoww.com\/tag\/innovation\">innovation<\/a> and employee well-being. While he has emphasized the importance of both, finding the right balance between them can be a delicate task. Decker has worked hard to create a culture that values innovation and creativity, while also providing a supportive and caring environment for employees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lessons_from_his_career\"><\/span>Lessons from his career<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Decker&#8217;s career journey is an inspiring one, filled with lessons that we can all apply in our own lives and careers. One of the most important lessons is the value of perseverance and hard work. Decker started his career with Home Depot as an associate in a store, and through his dedication and commitment, he was able to rise through the ranks and eventually become CEO. His story is a testament to the power of hard work, determination, and a willingness to take on new challenges. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get to know his career challenges, how he overcame them, and his leadership style. <\/p>\n","protected":false},"author":13,"featured_media":551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,1],"tags":[107,38],"_links":{"self":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts\/402"}],"collection":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/comments?post=402"}],"version-history":[{"count":0,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/posts\/402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/media\/551"}],"wp:attachment":[{"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/media?parent=402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/categories?post=402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceoww.com\/wp-json\/wp\/v2\/tags?post=402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}