Date of Report (Date of Earliest Event Reported): January 24, 2022
__________________
THE HOME DEPOT, INC.
(Exact Name of Registrant as Specified in Charter)
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Delaware
1-8207
95-3261426
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
2455 Paces Ferry Road, Atlanta, Georgia30339
(Address of Principal Executive Offices) (Zip Code)
(770) 433-8211
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
__________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.05 Par Value Per Share
HD
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 24, 2022, the Board of Directors of The Home Depot, Inc. (the “Company’) appointed Edward “Ted” P. Decker to the position of Chief Executive Officer (“CEO”) and President of the Company, effective March 1, 2022, and appointed Mr. Decker to the Company’s Board of Directors, effective March 1, 2022. Current Chairman and CEO Craig A. Menear will step down from the CEO position, effective March 1, 2022, and remain as Chair of the Board of Directors.
Mr. Decker, age 58, has served as President and Chief Operating Officer since October 2020. Mr. Decker previously served as Executive Vice President – Merchandising of the Company from August 2014 to October 2020. From October 2006 through July 2014, he served as Senior Vice President – Retail Finance, Pricing Analytics, and Assortment Planning. Mr. Decker joined The Home Depot in 2000 and held various strategic planning roles, including serving as Vice President – Strategic Business Development from November 2002 to April 2006 and Senior Vice President – Strategic Business and Asset Development from April 2006 to September 2006.
A copy of the press release announcing these changes is attached hereto as Exhibit 99.1.
The Company will file an amendment to this Form 8-K regarding the terms of any material changes to the employment arrangements of Mr. Decker or Mr. Menear within four business days of the determination of such information.
The cover page of this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE HOME DEPOT, INC.
Date: January 27, 2022
By:
/s/ Teresa Wynn Roseborough
Name:
Teresa Wynn Roseborough
Title:
Executive Vice President, General Counsel and Corporate Secretary
