Home Depot discloses CEO Decker's $1.4M salary, $10.2M LTI; Menear's Chair compensation set

HOME DEPOT, INC.

Decker's annual base salary $1.4M, cash incentive target 200% of base for Fiscal 2022.
Decker receives $10.2M long-term incentive grant on March 23, 2022 (50% performance shares, 30% performance-based RSUs, 20% options).
Menear's Chair compensation: base salary $750k, cash incentive target 150% of base, LTI $7.3M (50% performance shares, 50% options).
Both subject to 24-month non-compete, 36-month non-solicitation, indefinite confidentiality.
Effective March 1, 2022: Decker becomes CEO & President, Menear remains Chair.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Edward P. Decker

Chief Executive Officer and President

HD · HOME DEPOT, INC.

Effective: 2022-03-01
Filed: March 1, 2022, 6:59 PM ET

the appointment of Edward P. Decker, President and Chief Operating Officer, to the position of Chief Executive Officer and President of the Company, effective March 1, 2022

Role change

Craig A. Menear

Chair of the Board of Directors

HD · HOME DEPOT, INC.

Effective: 2022-03-01
Successor: Edward P. Decker
Filed: March 1, 2022, 6:59 PM ET

the decision of the current Chairman and CEO Craig A. Menear to step down from the CEO position, effective March 1, 2022, and remain as Chair of the Board of Directors of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward P. Decker was appointed as Chief Executive Officer and President at HOME DEPOT, INC..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

the appointment of Edward P. Decker, President and Chief Operating Officer, to the position of Chief Executive Officer and President of the Company, effective March 1, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Craig A. Menear changed role as Chair of the Board of Directors at HOME DEPOT, INC..

Action: stepped down from CEO
Role: Chair of the Board of Directors

Exact text from the filing

the decision of the current Chairman and CEO Craig A. Menear to step down from the CEO position, effective March 1, 2022, and remain as Chair of the Board of Directors of the Company

View on SEC.gov

HOME DEPOT, INC. filing history →

Source: SEC EDGAR

accession 0000354950-22-000053

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