Home Depot CEO Ted Decker is taking a temporary medical leave of absence, according to CNBC. The company announced the news on Wednesday, August 12, 2026, stating that two senior executives will assume leadership responsibilities during his absence.
CNBC reports that the leave is expected to last for several months, citing Bloomberg. The Home Depot board has designated two top executives to run the retailer while Decker is away, though the specific names of those executives were not disclosed in the available reporting.
The company issued its own statement confirming the interim management plan, according to The Home Depot's official announcement. The Wall Street Journal also covered the development, noting the CEO's temporary departure from day-to-day duties. The Atlanta Journal-Constitution, citing Decker's role in the company's Georgia headquarters, also confirmed the news.
Decker has served as CEO of the home improvement chain, which operates more than 2,000 stores across North America. The company has not provided details about the nature of the medical issue, and no further specifics about his condition or expected return date have been made public.
The move places the retailer's daily operations in the hands of its two most senior leaders, a structure the board has said will remain in place until Decker returns. Home Depot has not indicated any change to its financial outlook or strategic plans as a result of the leadership shift.
What to watch next: The company's next earnings call or public statement may clarify the timeline for Decker's return and any impact on the retailer's operations.
