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From sales rep to CEO

Home Depot is the largest retailer by market capitalization, and its stock price reflects rising earnings over the years. While the company rewards its C-suite executives handsomely for meeting internal goals, it also pays attention to its top employees in its stores.

Here’s who gets paid the most at Home Depot and what the average compensation is among employees.

Home Depot executives were among the top-paid employees in fiscal 2025 as the retailer continued to post strong earnings and meet company goals. CEO Ted Decker had a base salary of $1.4 billion, but stock options and cash awards increased his total compensation to $16.19 million.

Among senior vice presidents, Ann-Marie Campbell, who oversees American stores, had a salary of $1 million, but her total compensation was seven times that amount.

Officer

2025 Salary

Full compensation

Edward P. Decker, Chairman, President, and CEO

$1,400,000

$16,191,127

Richard V. McPhail, EVP, and CFO

$971,923

$6,224,296

Ann-Marie Campbell, Senior EVP, US Stores

$1,053,769

$7,452,600

William D. Bastek, EVP, Merchandising

$788,462

$5,383,781

Jordan Broggi, EVP, Customer Experience, and President, Online

$730,769

$4,716,130

Hector A. Padilla, former EVP of US Stores and Operations (term until September 12, 2025)

$452,012

$6,418,376

Fahim Siddiqui, former EVP and Chief Information Officer (served until May 29, 2025)

$228,227

$5,640,440

Related: How many employees does Home Depot have?

Home Depot’s average compensation, which includes salary and stock awards, was $37,881 in fiscal year 2025. That was based on the hourly pay of a partner in the US Decker’s compensation as CEO reached $16.19 million, putting the company’s CEO pay ratio at 427 to 1.

This average salary has decreased from the last five years. The CEO-to-median employee pay ratio was 511 to 1 in fiscal year 2020, where CEO compensation was nearly $14 million, and the average was $27,389.

By comparison, at Nvidia, where media workers’ compensation was the highest at nearly $300,000, the average CEO salary was 166 to 1 in fiscal 2025.

Home Depot often refers to its employees as friends, whether they work on the floor of its stores or in the office at the company’s headquarters in Atlanta, Georgia. The retailer had about 472,400 associates at the end of fiscal 2025, but most work in the company’s 2,359 stores and are paid by the hour.

Related: Home Depot’s Atlanta headquarters: Everything you need to know

On the Home Depot jobs page on its website, as of mid-April 2026, there were nearly 19,000 job listings for various roles in departments including customer service/sales, distribution center and warehouse, sales and support.

In Glendale, New York, which is part of Queens, a customer service/sales associate listing puts the hourly rate at $19.50. (The minimum wage in New York City is $17 an hour.) Based on a 40-hour work week, this hourly rate would translate to about $40,560 a year.

That would put you below the annual salary of $62,608 in the US according to data from the Bureau of Labor Statistics.

More at Home Depot:

Home Depot says more than 90% of its US store leaders began their careers with the company as hourly associates. That suggests there are opportunities to move up the Home Depot business ladder, so to speak. The retailer says it offers “combined training, tools, and advanced processes to empower yourself to drive sales and meaningful career development opportunities.”

Related: How many stores does Home Depot have? A global hardware giant

In addition to base salary, the home improvement retailer offers benefits and incentives to retain its associates, including an employee stock purchase plan. For those in management positions, Home Depot said it will increase equity awards for its industry leadership, including store managers and assistant store managers, through fiscal year 2025.

In its early years, as sales and earnings rose, so did Home Depot’s stock price. Stock incentive programs have turned some associates into millionaires. An investment of $10,000 on the first day of trading in 1981 would have returned $168 million as of mid-April 2026.

Related: Home Depot stock split history: What you need to know

This story was originally published by TheStreet on April 19, 2026, where it appeared first in the Employment section. Add TheStreet as a favorite source by clicking here.

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