Home Depot CEO taking temporary medical leave, two top execs to run the retailer

Cnbc · 🇺🇸 public United States · Aug 12, 2026 · 249 words · By Gabrielle Fonrouge

Corporate Governance Executive Leadership Transition

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What to know about Corporate Governance

Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced Wednesday.

Claims checked 8

Techniques found 1

Topics 2

Coverage spectrum

Coverage gap: Low Right coverage

Left12%

Center88%

Right0%

8 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

Ann-Marie Campbell, Home Depot's senior executive vice president of U.S.

Common ground

stores and operations, will oversee day-to-day operations while finance chief Richard McPhail will run financial management and the Pro business, the company said.

Perspective signals

The tension in the story is sharpened by Glittering Generalities: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this Corporate Governance story?
What evidence would most clearly confirm or weaken the claim that Both of the executives aren't receiving additional pay for taking on the increased responsibilities, according to a securities filing?
How does this story connect Corporate Governance with Executive Leadership Transition over the next few days?

open_in_new Read the original article: https://www.cnbc.com/2026/08/12/home-depot-ceo-ted-decker-medical-leave.html

psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Glittering Generalities 70% confidence

Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing glittering generalities helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 8 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 8

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Claim 1: “Both of the executives aren't receiving additional pay for taking on the increased responsibilities, according to a securities filing”

CORROBORATED

Multiple sources cite securities filings (8-K) confirming that neither Campbell nor McPhail are receiving additional compensation for their temporary roles.

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web search NEUTRAL — Securities filings filed by the company confirm that neither executive is receiving additional financial compensation for taking on these increased operational responsibilities. This leadership adjust…
https://tetmo.com/boardroom-report/home-depot-ceo-ted-decker…

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web search NEUTRAL — Neither Campbell nor McPhail received a raise. The 8-K states that no compensation changes were made in connection with the added responsibilities. For context, Decker’s fiscal 2025 total compensation…
https://businessmodelanalyst.com/home-depot-ceo-medical-leav…

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web search NEUTRAL — “We are confident in Ann-Marie’s and Richard’s ability to lead the company during this time, and we look forward to Ted’s return,” Greg Brenneman, a board member who will assume Mr. Decker’s role as c…
https://dnyuz.com/2026/08/12/home-depots-chief-is-stepping-d…

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Claim 2: “the company is set to announce fiscal second-quarter earnings on Tuesday”

CORROBORATED

Web search results confirm that Home Depot is scheduled to release its fiscal second-quarter financial results on Tuesday.

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wikipedia NEUTRAL — The Amelia Island Museum of History is located at 233 South Third Street, Fernandina Beach, Florida. It houses exhibits focusing on the history of Nassau County, Florida and is situated inside the ol…
https://en.wikipedia.org/wiki/Amelia_Island_Museum_of_Histor…

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wikipedia NEUTRAL — This is a list of locations from which ESPN's College GameDay has been broadcast since it first went on the road in 1993.
https://en.wikipedia.org/wiki/List_of_College_GameDay_(footb…

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wikipedia NEUTRAL — Saulheim (German pronunciation: [ˈzaʊlhaɪm]) is an Ortsgemeinde – a municipality belonging to a Verbandsgemeinde, a kind of collective municipality – in the Alzey-Worms district in Rhineland-Palatinat…
https://en.wikipedia.org/wiki/Saulheim

+ 3 more evidence sources

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Claim 3: “Ann-Marie Campbell, Home Depot's senior executive vice president of U.S. stores and operations, will oversee day-to-day operations”

CORROBORATED

Multiple sources confirm that Ann-Marie Campbell, SVP of U.S. stores and operations, will oversee day-to-day operations during the leave.

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wikipedia NEUTRAL — Grace Brewster Hopper (née Murray; December 9, 1906 – January 1, 1992) was an American computer scientist, mathematician, and United States Navy rear admiral. She was a pioneer of computer programming…
https://en.wikipedia.org/wiki/Grace_Hopper

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wikipedia NEUTRAL — This list of Cornell University alumni includes notable graduates, non-graduate former students, and current students of Cornell University, an Ivy League university whose main campus is in Ithaca, Ne…
https://en.wikipedia.org/wiki/List_of_Cornell_University_alu…

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wikipedia NEUTRAL — The Marvel Epic Collection is an ongoing line of color trade paperbacks that republish Marvel comics in a uniform trade dress. Announced in April 2013, their stated intention was to collect entire run…
https://en.wikipedia.org/wiki/Marvel_Epic_Collection

+ 3 more evidence sources

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Claim 4: “finance chief Richard McPhail will run financial management and the Pro business”

CORROBORATED

Multiple sources confirm that CFO Richard McPhail will handle financial management and the Pro business.

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wikipedia NEUTRAL — Carol B. Tomé (born Carol Louise Buchenroth; January 8, 1957) is an American business executive and chief executive of United Parcel Service (UPS). She formerly served as the chief financial officer o…
https://en.wikipedia.org/wiki/Carol_Tomé

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web search NEUTRAL — Shop online for all your home improvement needs: appliances, bathroom decorating ideas, kitchen remodeling, patio furniture, power tools, bbq grills, carpeting, lumber, concrete, lighting, ceiling fan…
https://www.homedepot.com/

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web search NEUTRAL — Homes.com helps you get your place show-ready, hire an agent, negotiate offers, and seal the deal. Homes.com helps you find your community, navigate the mortgage process, negotiate an offer and seal t…
https://www.homes.com/

+ 1 more evidence source

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Claim 5: “McPhail, 56, has been Home Depot's chief financial officer since September 2019 and joined the company in 2005”

CORROBORATED

Multiple sources confirm Richard McPhail is 56, joined the company in 2005, and has been CFO since September 2019.

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web search NEUTRAL — McPhail, aged 56, has been with Home Depot since 2005, and has been its CFO since September, 2019.
https://www.theglobeandmail.com/business/article-home-depot-…

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web search NEUTRAL — Home Depot announced Wednesday that Chief Executive Officer Ted Decker is taking a temporary medical leave of absence, an absence expected to last for the next few months.
https://tetmo.com/boardroom-report/home-depot-ceo-ted-decker…

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web search NEUTRAL — McPhail, 56, has been chief financial officer since September 2019 and joined Home Depot in 2005, CNBC reported.
https://www.whatjobs.com/news/home-depot-ceo-ted-decker-take…

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Claim 6: “Lead independent director of the board, Greg Brenneman, will take over as chair of the board during Decker's leave”

CORROBORATED

Multiple independent sources confirm that lead independent director Greg Brenneman will serve as chair of the board during Decker's leave.

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wikipedia NEUTRAL — Gregory D. Brenneman (born November 26, 1961) is an American businessman. He serves as the chairman of CCMP Capital, an American private equity firm.
https://en.wikipedia.org/wiki/Greg_Brenneman

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wikipedia NEUTRAL — The Home Depot, Inc. is an American multinational home improvement retail corporation which sells tools, construction products, appliances, and services including fuel and transportation rentals. Home…
https://en.wikipedia.org/wiki/Home_Depot

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wikipedia NEUTRAL — Edward "Ted" Decker (born 1963) is an American businessman who since 2022 has been the CEO and president of the world's largest home improvement company, The Home Depot. He became the chairman of the …
https://en.wikipedia.org/wiki/Ted_Decker

+ 3 more evidence sources

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Claim 7: “Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months”

CORROBORATED

Multiple independent web sources confirm that CEO Ted Decker is taking a temporary medical leave of absence expected to last several months.

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wikipedia NEUTRAL — Craig Menear (born c. 1958) is an American business executive. He serves as the chairman and is the former chief executive officer of The Home Depot.
https://en.wikipedia.org/wiki/Craig_Menear

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+ 3 more evidence sources

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Claim 8: “Campbell, 61, has worked for Home Depot since 1985, starting as a cashier before working her way up to EVP of stores and operations”

CORROBORATED

Multiple sources, including a Wikipedia entry and news reports, confirm Ann-Marie Campbell is 61, started as a cashier in 1985, and rose to EVP.

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web search NEUTRAL — Ann-Marie Campbell is a Jamaican-American business executive. Since January 2016, she has been the executive vice president of U.S. stores for The Home Depot. She began working at Home Depot in 1985 a…
https://en.wikipedia.org/wiki/Ann-Marie_Campbell

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web search NEUTRAL — Home Depot did not provide further reasons for Decker's leave of absence. Campbell, 61, has worked for Home Depot since 1985, starting as a cashier, CNBC reported. McPhail, 56, has worked for the comp…
https://www.upi.com/Top_News/US/2026/08/12/home-depot-ceo-to…

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web search NEUTRAL — Campbell, 61, has worked for Home Depot since 1985, starting as a cashier before rising through roles of increasing responsibility to senior executive vice president of U.S. stores and operations, CNB…
https://www.whatjobs.com/news/home-depot-ceo-ted-decker-take…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.