Edward “Ted” Decker will take over as the new president and CEO of The Home Depot Inc. (NYSE: HD), Atlanta, Georgia, beginning March 1.

Decker also has been elected to the company’s board of directors. The Home Depot said current Chairman and CEO Craig Menear will continue to serve as chair of the board.

Decker joined The Home Depot in 2000 and was named president and chief operating officer in October 2020. He has been responsible for global store operations, global supply chain, outside sales and service, real estate, as well as merchandising, marketing and online strategy, serving Pro and DIY customers in stores and online.

He previously worked as chief merchant and executive vice president of merchandising, where he was responsible for all store and online merchandising departments, merchandising strategy, vendor management and services, and in-store environment.

“As a 22-year associate of The Home Depot, Ted has nurtured our culture by living our values and demonstrating servant leadership throughout his career,” Menear said. “Ted has grown with the company by taking on expanded roles of leadership from his time in Strategic Business Development, Finance and Merchandising to leading our day-to-day interconnected operations in his role as President and COO. His ability to blend the art and science of retail is exactly what is needed in the next phase of growth for The Home Depot. I have tremendous confidence that he will guide our company to new heights.”