Home Depot Sales Intelligence Report
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Home Depot Org Chart: Corporate Structure, Board of Directors and Executive Leadership (2026)
Updated October 18, 2026. Figures as of August 2, 2026 unless noted. Prepared by Databahn from the FY2025 Form 10-K, the Q2 fiscal 2026 Form 10-Q, the 2026 proxy statement, the Q2 fiscal 2026 earnings call, a Home Depot press release and Home Depot’s leadership and board pages.
The Home Depot, Inc. (NYSE: HD) is led by Edward P. (Ted) Decker, Chair, President and Chief Executive Officer, who is on a temporary medical leave announced August 12, 2026. During the leave, Senior Executive Vice President Ann-Marie Campbell oversees day-to-day operations, Executive Vice President and CFO Richard V. McPhail oversees financial management and the Pro subsidiaries, and Lead Director Gregory D. Brenneman chairs the 12-member board. The Atlanta-based retailer reports one segment of 2,364 stores in the U.S., Canada and Mexico, plus SRS Distribution Inc., whose five lines of business ran more than 1,340 locations at August 2, 2026. Sources: FY2025 Form 10-K, Q2 fiscal 2026 Form 10-Q, 2026 proxy statement and the August 12, 2026 press release.
McPhail signed the Q2 fiscal 2026 Form 10-Q on August 24, 2026 as Interim Principal Executive Officer. Home Depot expects Decker to return within a few months (press release, Aug. 12, 2026).
Home Depot key facts
| Legal name | The Home Depot, Inc. (Form 10-K, FY2025) |
|---|---|
| State of incorporation | Delaware, incorporated 1978 (Form 10-K, FY2025) |
| Headquarters | Store Support Center, 2455 Paces Ferry Road, Atlanta, Georgia 30339 (Form 10-K, FY2025) |
| Ticker and exchange | HD, New York Stock Exchange (listed since April 19, 1984) (Form 10-K, FY2025, Item 5) |
| Net sales, fiscal 2025 | $164.7 billion; net earnings $14.2 billion (Form 10-K, FY2025) |
| Net sales, first half fiscal 2026 | $89.6 billion, up 5.3%; Q2 net sales $47.9 billion (Form 10-Q, Q2 FY2026) |
| Employees | About 472,400 associates at February 1, 2026 (Form 10-K, FY2025) |
| Stores | 2,364 at August 2, 2026, including 325 in Canada and Mexico (Form 10-Q, Q2 FY2026) |
| SRS locations | More than 1,340 in the U.S. and Canada at August 2, 2026 (Form 10-Q, Q2 FY2026) |
| Distribution network | More than 500 distribution and fulfillment centers and warehouses (Form 10-K, FY2025, Item 2) |
| Reportable segments | One reportable segment (Primary: U.S., Canada and Mexico); SRS’s five lines of business are reported as Other (Form 10-Q, Q2 FY2026, Note 2) |
| Fiscal year | Ends the Sunday nearest January 31; fiscal 2026 ends January 31, 2027 (Form 10-K, FY2025) |
| Independent auditor | KPMG LLP, the company’s auditor since 1979 (Form 10-K, FY2025) |
| Next earnings call | Q3 fiscal 2026 results in November 2026 (Q2 FY2026 earnings call) |
Home Depot corporate structure
Source: Form 10-Q, Q2 fiscal 2026 (period ended Aug. 2, 2026), Note 2 and Note 10; Form 10-K, FY2025 (fiscal year ended Feb. 1, 2026), Items 1 and 2. Country store counts are as of Feb. 1, 2026. Ownership hierarchy below SRS beyond what is shown is not disclosed in the filings.
Home Depot board of directors
Source: Home Depot Board of Directors page (accessed Oct. 18, 2026) for current directors; 2026 proxy statement (DEF 14A, annual meeting May 21, 2026) for committee assignments and principal occupations; Home Depot press release, Aug. 12, 2026 for leave-period roles. All directors other than Decker are independent (2026 proxy).
Home Depot executive leadership
Oversees financial management and Pro subsidiaries during CEO leaveAlso leads the Office of Pro Acceleration (since July 30, 2026)
Executive leadership team
Senior vice presidents and division presidents
Source: Home Depot leadership page (accessed Oct. 18, 2026); Form 10-K, FY2025, Item 10 (executive officers, with names in parentheses as filed); Form 10-Q, Q2 fiscal 2026, signature page (Aug. 24, 2026); Form 8-K, Aug. 21, 2026 for the July 30, 2026 portfolio changes and Jordan Broggi’s title (also on the Q2 earnings call and LinkedIn); Home Depot press release, Aug. 12, 2026; John Deaton’s Home Depot bio Titles as published. Reporting lines not disclosed in the filings.
Home Depot seller intelligence: what the filings show
Home Depot’s strategic priorities
The FY2025 10-K names three strategic priorities: drive the core and culture, deliver a frictionless interconnected experience, and win with Pros. In Q2 fiscal 2026, Pro comparable sales were positive and outpaced DIY, and management expects about $400 million of cross-selling across the Home Depot, SRS and GMS system this year (earnings call, Aug. 18, 2026).
The store build-out continues. Home Depot expects to finish its plan of about 80 new stores in fiscal 2027 and then open 15 to 20 stores a year (10-K). A proposal that names one of these three priorities uses the same words management uses with investors.
The full Databahn report maps each priority to the executive who owns it and the initiatives funded under it.
What Home Depot’s executives are paid to deliver
Fiscal 2025 bonuses under the Management Incentive Plan were weighted 50% on sales, 30% on operating profit, 10% on inventory turns and 10% on a Pro strategic goal tied to growth in Pro managed account sales. Nothing pays out unless the operating profit threshold is met, and the plan paid 95% of target for fiscal 2025. Half of each executive’s 2025 equity grant is performance shares tied equally to three-year average ROIC and operating profit (2026 proxy).
For fiscal 2026, the board raised the sales threshold from 90% to 95% of target and cut the threshold payout from 50% to 25%. Sellers who frame results in sales, operating profit or inventory turns are speaking the terms leadership is paid on.
The full Databahn report connects each metric to the executives accountable for it.
Home Depot spending and capital plans
Capital expenditures were $3.7 billion in fiscal 2025, and Home Depot plans about $4 billion for fiscal 2026, roughly 2.5% of projected sales, spread across new and existing stores, the interconnected experience and Pro capabilities (10-K). First-half fiscal 2026 capital spending was $1.7 billion (10-Q).
Share repurchases have been paused since March 2024, and the company has no plans to resume them in fiscal 2026 while it reduces debt. Senior notes outstanding totaled $48.8 billion at Feb. 1, 2026. Cash is going to the business and to the balance sheet, so spending requests compete inside a defined capital budget.
The full Databahn report breaks the capital plan into project areas and the teams that control each budget.
Acquisitions and integrations
Home Depot acquired SRS Distribution Inc. on June 18, 2024 for $18.0 billion in total consideration. SRS then acquired GMS Inc. on Sept. 4, 2025 for $5.1 billion, adding drywall, ceilings and steel framing, and Mingledorff’s, LLC, a southeastern U.S. HVAC distributor, on May 11, 2026 for about $1.1 billion (10-K; 10-Q). GMS was excluded from the fiscal 2025 internal control assessment under SEC guidance for newly acquired businesses.
The businesses are being tied together through the stores. In the past 12 months, 90% of Home Depot stores closed a sale through SRS using QuoteCenter, and an SRS purchase card is rolling out for in-store use (earnings call). Each integration creates system, data and process work that spans more than one company.
The full Databahn report details the integration workstreams by business line and where each one stands.
Home Depot technology and AI initiatives
The 10-K names several AI tools. Magic Apron answers product and project questions online and now in the aisle; the Blueprint Takeoffs Tool and Material List Builder generate project-specific materials lists and quotes for Pros; and machine learning routes orders through the “ship from best location” network. Associates use hdPhone devices with the Sidekick app, and Computer Vision tracks product on shelves and in overhead space.
On the Aug. 18, 2026 call, Jordan Broggi said Magic Apron receives millions of questions a month and that a localized version uses store context to answer questions in the aisle. Express Delivery went nationwide in August 2026 with delivery in three hours or less, most of it in under an hour, and a refresh of the mobile app is planned for the back half of the year. Each named tool shows where engineering budget is already committed.
The full Databahn report maps the technology stack behind these tools, with the incumbent vendor in each category.
Risk factors and pressure points
The FY2025 10-K flags reliance on third-party service providers, including cloud platform providers, and the risks of replacing older legacy systems, moving applications to the cloud and deploying generative AI. It warns that AI may help new threat actors and nation-state groups carry out attacks, and that generative and agentic AI tools could change how customers shop. The Supreme Court decision striking down IEEPA tariffs added uncertainty about the tariff regime.
On demand, CFO McPhail told analysts that housing turnover has sat at historic lows for four years with no sign of an inflection point (earnings call). Risk factors are problems leadership has already acknowledged in writing, which makes them a credible starting point for a first meeting.
The full Databahn report ties each risk theme to the internal owner and the work underway to address it.
How vendors get approved at Home Depot
Item 1C of the 10-K describes a vendor risk management program that classifies each service provider’s risk using factors such as the type of data it accesses or retains. Selected vendors go through diligence and security risk assessments, and contracts carry cybersecurity and data protection obligations. The program follows the NIST Cybersecurity Framework and PCI Data Security Standards.
The 2026 proxy adds detail. Vendors are assessed for inherent risk before onboarding, many complete a detailed control assessment, and onboarded vendors are monitored on a platform that tracks breach notifications, dark web exposures and fourth-party risk. Vendors that handle personal information go through a Product Solutions Review Board and a Privacy Impact Assessment, and sensitive data adds a review by the Privacy and Data Governance Committee. Vendors that prepare security and privacy documentation up front move through these steps faster.
The full Databahn report outlines the review sequence a new vendor moves through and the teams that sign off at each stage.
Who owns security and data decisions
The Audit Committee, chaired by J. Frank Brown, has primary board oversight of data protection, cybersecurity and privacy, and the full board held a dedicated cybersecurity and business continuity session in fiscal 2025. The Chief Information Security Officer reports to the Chief Information Officer, Angie Brown (10-K Item 1C).
Three management committees govern the area. The Data Security and Privacy Governance Committee is chaired by the Vice President of Internal Audit and Corporate Compliance, includes the CEO, meets quarterly and also oversees responsible use of AI. The Security and Technology Risk Leadership Committee is chaired by the CISO, and the Privacy and Data Governance Committee is chaired by the Chief Privacy Officer with members from about 20 departments (10-K; 2026 proxy). Knowing which committee reviews a purchase tells a seller who has to agree besides the buyer.
The full Databahn report names the leaders below the executive team who run security, privacy and data decisions.
Leadership changes at Home Depot
• Feb. 2025: Michael Rowe ended his role as President of The Home Depot Canada, held since October 2020, and now serves as EVP – Pro (10-K).
• May 2025: Angela (Angie) Brown became EVP and CIO. Fahim Siddiqui, former EVP and CIO, left on May 29, 2025 (10-K; 2026 proxy).
• May 2025: Asha Sharma, now CEO of Microsoft Gaming, joined the board at the 2025 annual meeting (2026 proxy).
• June 2025: Stephanie Smith became EVP – Human Resources (10-K).
• Sept. 12, 2025: Hector A. Padilla, EVP – U.S. Stores and Operations, left the company (2026 proxy).
• July 30, 2026: Home Depot announced an organizational realignment. Billy Bastek added the product development merchant portfolio, including private brands. Jordan Broggi, now EVP – Interconnected Retail after serving as EVP – Customer Experience and President – Online, added loyalty, credit services and payments. Richard McPhail took on the Office of Pro Acceleration, which coordinates Home Depot Pro, HD Supply, SRS Distribution and Construction Resources (Form 8-K, Aug. 21, 2026).
• Aug. 12, 2026: Decker began a temporary medical leave. Campbell oversees day-to-day operations, McPhail oversees financial management and the Pro subsidiaries, and Brenneman chairs the board (press release).
• Aug. 24, 2026: McPhail signed the Q2 10-Q as Interim Principal Executive Officer.
Each change resets who sets priorities in that part of the company.
The full Databahn report tracks each leader’s background and the mandate they brought to the role.
Systems and business transformations
Both the FY2025 10-K (Item 9A) and the Q2 fiscal 2026 10-Q (Item 4) report an ongoing business transformation initiative that upgrades and migrates certain accounting and finance systems. More business processes will move over the next few years, and internal controls are being redesigned as the work continues. The 10-K also describes replacing older legacy systems, moving applications to the cloud and outsourcing some technology and business processes.
KPMG named inventory valued under the retail inventory method as its critical audit matter because the process moves large volumes of data across multiple IT systems. In supply chain, Home Depot calls its network investment “now largely complete” and is deploying FDC Relay, a delivery method that uses its flatbed distribution centers to reach more markets. Multi-year migrations create the decision points where new tools are evaluated.
The full Databahn report covers which systems are mid-migration and where the next replacement decisions fall.
Shareholder pressure
Seven shareholder proposals were on the ballot for the May 21, 2026 annual meeting, and the board recommended a vote against each one: an evaluation of recycling-related plastics targets, a report on plastic packaging, a report on customer data privacy risks, an independent board chair, a biodiversity impact assessment, a report on associates’ access to healthcare and a report on charitable support (2026 proxy).
The privacy proposal focused on license plate reader cameras in store parking lots. In response, the company said it would expand disclosure of its third-party risk management program in its next Living Our Values Report. A similar independent chair proposal drew 73% opposition in 2025, and Say-on-Pay received about 94% support at the 2025 meeting. Vendors that touch customer data are working in an area investors are now asking about.
The full Databahn report explains how these investor concerns shape the scrutiny new vendors face.
Home Depot locations by territory
At Feb. 1, 2026, Home Depot ran 2,035 U.S. stores (including Puerto Rico, the U.S. Virgin Islands and Guam), 182 in Canada and 142 in Mexico (10-K, Item 2). By Aug. 2, 2026, the total reached 2,364, with 325 in Canada and Mexico (10-Q).
• Largest U.S. states: California 247, Texas 190, Florida 163, New York 101, Georgia 90, Illinois 76, Pennsylvania 71, Michigan 70, Ohio 70, New Jersey 67.
• Canada: Ontario 88, Alberta 27, British Columbia 26, Quebec 22, with the rest across six other provinces.
• Mexico: State of Mexico 16, Nuevo León 14, Distrito Federal 11, Jalisco 9, across 32 states in total.
• Associates: 422,500 in the U.S., 31,700 in Canada, 17,800 in Mexico and about 400 in sourcing offices in India, Italy, Poland, Türkiye, Taiwan, Vietnam and China (10-K).
SRS operates its more than 1,340 locations across the U.S. and Canada. Store counts show where store-level rollouts and regional decisions are concentrated.
The full Databahn report shows which teams and decision makers sit in each region and division.
What Home Depot management told analysts
On Aug. 18, 2026, CFO Richard McPhail reaffirmed fiscal 2026 guidance: comparable sales flat to up 2%, total sales growth of about 2.5% to 4.5%, gross margin of about 33.1%, operating margin of 12.4% to 12.6% and diluted EPS flat to up 4%. The plan includes about 15 new stores, 40 to 50 new SRS branches, mid-single-digit organic growth at SRS and capital spending of about 2.5% of sales.
Q2 included $730 million of IEEPA tariff refunds, which management expects higher fuel, energy and product input costs to fully offset over the year, and McPhail expects fourth-quarter gross margin to be about flat. Q3 results arrive in November 2026. A proposal that protects the 33.1% gross margin target lines up with what management promised investors.
The full Databahn report turns each commitment into the conversation openers that line up with it.
Home Depot org chart FAQ
Who is the CEO of Home Depot?
Edward P. (Ted) Decker is Chair, President and Chief Executive Officer of The Home Depot, Inc. He became CEO in March 2022 and Chair in October 2022. He is on a temporary medical leave announced Aug. 12, 2026, and the company expects him to return within a few months.
Who is running Home Depot while Ted Decker is on leave?
Senior Executive Vice President Ann-Marie Campbell oversees day-to-day operations, and Executive Vice President and CFO Richard McPhail oversees financial management and the Pro subsidiaries. Lead Director Greg Brenneman chairs the board during the leave (Home Depot press release, Aug. 12, 2026).
Who is Home Depot’s CFO?
Richard V. McPhail has been Executive Vice President and Chief Financial Officer since September 2019. He signed the Q2 fiscal 2026 Form 10-Q as Interim Principal Executive Officer and has led the Office of Pro Acceleration since July 30, 2026. Kimberly R. Scardino is Senior Vice President, Finance, Chief Accounting Officer and Controller.
Who is on Home Depot’s board of directors?
The 12 directors are Edward P. Decker (Chair), Gregory D. Brenneman (Lead Director), Gerard J. Arpey, Ari Bousbib, Jeffery H. Boyd, J. Frank Brown, Wayne M. Hewett, Manuel Kadre, Stephanie C. Linnartz, Paula A. Santilli, Caryn Seidman-Becker and Asha Sharma.
How is Home Depot organized?
Home Depot reports one segment, its retail operations in the U.S., Canada and Mexico, with 2,364 stores at Aug. 2, 2026. SRS Distribution Inc. runs five lines of business reported as Other: roofing and building products, interior and construction products, landscape, pool and HVAC products (Form 10-Q, Q2 fiscal 2026).
What companies does Home Depot own?
Home Depot owns SRS Distribution Inc., acquired in June 2024. SRS owns GMS Inc., acquired in September 2025, and Mingledorff’s, LLC, acquired in May 2026. Home Depot also operates HD Supply, which sells MRO products and services.
Who oversees cybersecurity at Home Depot?
The board’s Audit Committee, chaired by J. Frank Brown, has primary oversight of data protection, cybersecurity and privacy. The Chief Information Security Officer reports to Chief Information Officer Angie Brown (Form 10-K, FY2025, Item 1C).
Who leads technology at Home Depot?
Fran Bell is Executive Vice President and Chief Technology Officer, and Angie Brown is Executive Vice President and Chief Information Officer. Jordan Broggi, Executive Vice President of Interconnected Retail, presented the online, Magic Apron and Express Delivery results on the Q2 fiscal 2026 call.
Sources
- The Home Depot, Inc. Form 10-K for fiscal 2025 (fiscal year ended Feb. 1, 2026), filed March 18, 2026
- The Home Depot, Inc. Form 10-Q for Q2 fiscal 2026 (quarter ended Aug. 2, 2026), signed Aug. 24, 2026
- The Home Depot, Inc. 2026 proxy statement (DEF 14A) for the May 21, 2026 annual meeting
- Home Depot Q2 fiscal 2026 earnings call, Aug. 18, 2026
- The Home Depot, Inc. Form 8-K (Item 5.02), Aug. 21, 2026
- John Deaton, Home Depot leadership bio
- Home Depot press release: interim management plans during CEO medical leave, Aug. 12, 2026
- Home Depot leadership page, accessed Oct. 18, 2026
- Home Depot Board of Directors page, accessed Oct. 18, 2026
- Jordan Broggi on LinkedIn
What’s in the full Databahn report on Home Depot
- How to position your solution against the incumbent vendor in each technology category
- Who to call first, with the reporting context and current mandate for each contact
- The discovery questions that line up with Home Depot’s bonus metrics and stated priorities
- The questions Home Depot stakeholders are likely to ask back, with suggested answers
- Contacts below the executive team for technology, Pro, supply chain and finance
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