ATLANTA, July 30, 2014 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced the promotion of Ted Decker to Executive Vice President – Merchandising, effective August 4, 2014. In his new role, Decker will be responsible for all aspects of merchandising strategy and operations, reporting to Craig Menear, president – U.S. Retail.
Decker is a 14-year veteran of The Home Depot, where he most recently served as senior vice president of retail finance, pricing analytics and assortment planning. He has played an integral role in the company's merchandising transformation, leading the implementation of new pricing and analytics processes, as well as new merchandise planning and assortment tools.
"Ted's business acumen and retail experience have enabled him to serve as a broad contributor to our success in the marketplace over the past several years," said Menear. "His leadership and strategic expertise make him a perfect fit to lead our merchandising team going forward."
Prior to joining The Home Depot in 2000, Decker held various positions in strategic planning, business development, finance and treasury at Kimberly-Clark Corp. and Scott Paper Co.
The Home Depot is the world's largest home improvement specialty retailer, with 2,264 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2013, The Home Depot had sales of $78.8 billion and earnings of $5.4 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
SOURCE The Home Depot