Vietnam Stocks Join FTSE Emerging Market Indexes, Unlocking Billions in Foreign Investment 
CNN, MS NOW and Politico Sue Trump Over White House Media Ban 
White House Bars CNN, MS NOW and Politico Reporters 
FAA Allows Boeing to Sell 35 More 777F Freighters Beyond 2028 
Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
Wall Street Mixed as Treasury Yields Rise After Fed Hike 
Petrobras Joins Brazil’s New Diesel Subsidy Program 
S&P 500 Historically Rallies After Midterm Elections, UBS Says 
France Debt-to-GDP Ratio Seen Hitting Record 119.3% in 2026 
LVMH-Hermès Dispute Deepens Over Secret 2002 Share Deal 
FCC Approves Foreign Investment in $110B Paramount-Warner Bros. Deal 
Asia Stocks Rise on AI Demand as Oil Eases 
US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights 
Japan, U.S. Discuss $19 Billion GlobalFoundries Chip Plant 
Telix to Acquire Germany’s ITM in $1.65 Billion Radiopharma Deal 
Gold Prices Slip as Strong Dollar and Hawkish Fed Pressure Bullion 
Add as a preferred source on Google
The Home Depot announced late last week that it had appointed Ted Decker as its new chief executive officer. He will be replacing Craig Menear, who has been the company’s chief for more than seven years.
Decker will take over and officially begin his work as the CEO on March 1. On the other hand, 64-year-old Menear will not be retiring but will continue to serve The Home Depot as chairman of the board. The outgoing chief has been working for the company for over 20 years and started serving as CEO in late 2014.
According to CNBC, while many companies have suffered and shuttered due to the pandemic, the opposite happened to The Home Depot as it has seen substantial growth instead. This happened because while people were in lockdown and mostly staying in their homes, many have invested in their homes for improvements and others even moved to bigger spaces.
This led homeowners to buy more items from the home improvement retail firm. The pandemic caused a strong housing market in the U.S., and The Home Depot apparently benefited from this.
It was reported that the growth carried on until the most recent fiscal quarter as some homeowners even signed up home design professionals than engage in do-it-yourself home projects. Then again, it has yet to be seen if the company will be able to keep strong sales amid the current inflation.
In any case, Decker has been with The Home Depot a little bit longer than Menear. He is a company veteran who joined the company 22 years ago and slowly rose in ranks since being recruited in 2000. Prior to his new assignment, he was a chief merchant and executive vice president of merchandising before being promoted as president and COO in October 2020.
“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 in a press release for Decker’s promotion. “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, and 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.”
Finally, Menear added he has great confidence that the new CEO will guide and lead the company to new heights.
