Ted Decker is Home Depot's new EVP merchandising

The Home Depot has promoted Ted Decker to the position of EVP merchandising, where he will take the helm of the company's merchandising strategy and operations. Effective Aug. 4, Decker will transition from his most recent role as SVP retail finance and begin reporting to Craig Menear, president U.S. Retail.

Decker has been with the company for 14 years, during which time he played an integral role in the company's merchandising transformation and led the implementation of new pricing and analytics processes.

"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.