In addition to naming Home Depot CEO Craig Menear to its list, the White House also listed Home Depot co-founders Bernie Marcus and Ken Langone.Both of those billionaires no longer work for the home improvement company, but they are major Republican donors. In 2016, he received $11.5 million. Of course, its not easy working as the CEO and President of a company, but Craig Menear has surely proven himself in his role these past three years. If somebody had said, Okay, Frank, here blank sheet of paper. Like other CEOs, Craig has been vocal about his political stand in the US elections. Menear, 57, has been president of the company's U.S. retail operations since February . Craig Menear Wikipedia Republished // WIKI 2 Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. He is replaced by former executive vice president Ted Decker. Many people are familiar with him because of his decade-long stint in the media industry. [7], In January 2022, The Home Depot announced he would be stepping down as the CEO and President effective March 1, 2022 while continuing to serve as the chairman of the board. With over 10 years experience he's covered businesses, CEOs, and investments. We want to hear from you. He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry. Access your favorite topics in a personalized feed while you're on the go. But is Home Depot really a conservative company? I remember that. Craig Menear has served as president and CEO of the Home Depot since 2014 and chairman since 2015. It seems that there really is no stopping Craig Menear, and his attempts to make the company all about the customer. "And you do have to question whether some of these people would have been included if they weren't major financial supporters of the president and his party.". Frank Blake has been Home Depot's chairman and CEO . He lives with his wife, and the couple also has two daughters. While Home Depot's PAC favors Republicans, the partisan balance of its giving has grown more even with each year. Boycott Home Depot (Co-founder supports Trump) | MoveOn including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. He isnt necessarily the prototypical hotshot CEO we all imagine in our heads when thinking of somebody who has experienced his degree of success or that wields so much economic power, as a matter of fact, hes humble, soft-spoken, and were you to encounter him on the street, theres probably no way youd know he leads an army of 300,000 ready to help associates spread across the North American continent. Data is a real-time snapshot *Data is delayed at least 15 minutes. The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. Palmer's real estate firm G.H. Hell do an outstanding job leading our company in the years ahead.. Sign up for notifications from Insider! Mr. Arpey has been a partner in Emerald Creek Group, LLC, a private equity firm based in Southern California, since 2012. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. Excelling academically, Craig Menear finished high school in the spring of 1975 and earned his way into Michigan State Universitys Eli Broad College of Business that next fall semester. Sign up for free newsletters and get more CNBC delivered to your inbox. (function() { Rapidly putting his know-how to work, the young man from Flint climbed his way up from divisional merchandise manager for the southwest division to senior vice president of merchandising for hardlines by 2003. Everything to know about him, De Lille reveals ANC ministers and deputies live in lavish Pretoria and Cape Town houses worth R1bn, SA awed, Mpho Wabadimo and Thema Broly allegedly split after 'BBMzansi' winner posts cryptic pictures on Instagram, Twitter men defend Zamani Mbatha amid cheating scandal after girlfriend Snikiwe Mhlongo exposed him: "Protect Zamani", Brian Williams bio: age, daughter, wife, education, career, salary, net worth. The two youthful love birds were dating by junior high, eventually graduated hand in hand from Central High School, and forever sealing their vintage Americana status as high school sweethearts, got married during the mid-80s; over three decades later, they are still going strong! As published in the Atlanta Business Chronicle on June 1, 2018In early 2014, three people were in the running to succeed Frank Blake as CEO of The Home Depot Inc. Craig Menear, who eventually . So, while the home improvement giants and the more high-profile founders in the industry may favor Republican candidates at the moment, the partisan donation gap may be starting to balance out. POLITICAL ACTION COMMITTEE: Of the two, Menear is clearly the more frequent contributor to political campaigns, politicians, and his current company's PAC. Dealing a further blow to internal morale, he also increased the number of less knowledgeable part-time workers at Home Depots stores, which left full-time employees fuming and led to a diminishment of customer service, one of the companys strengths, recounted Barry Henderson, an equities expert at T. Rowe Price. From the policy debates to the political fights, today's . Following his brief stint with the fledgling clothing store, Ellison got named CEO of Lowes, an international home improvement retailer that is largely considered his previous employers most fervent competitor. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. Want to connect with other businesses in the Latino community? References This . Details of his birthday and month are yet to be revealed. Craig Menear got hired by The Home Depot in 1997 as a divisional merchandise manager for the southwest division. Ron DeSantis, a close ally of the president, declared "employees at a professional sports (league) and media production with a national audience" part of "essential workers" in Florida, allowing McMahon's pro-wrestling company to continue live television broadcasts from its Orlando training facility, while most businesses in Florida had been ordered to shut to help fight the spread of the coronavirus. I could have spent all that money at locally owned businesses that do not support fat blimp-like despicable proto-fascist dictator assholes. Menear has been into entrepreneurship from an early age. Like other CEOs, Craig has been vocal about his political stand in the US elections. The councils seemingly crucial healthcare group, for example, is represented mainly by pharmaceutical companies like Pfizer and Johnson & Johnson and insurance companies such as Aetna and Cigna rather than public health professionals. Marcus and Langone have spent millions supporting Republican and conservative causes over the years. But, what does the CEO of home depot make? Craig was named CEO and president in November 2014 and chairman in February 2015. Both public and private colleges are competing for a limited number of students. The American businessman has kept much of his personal life out of the spotlight. Top editors give you the stories you want delivered right to your inbox each weekday. Craig Menear: Home Depot Up until about 2013, Home Depot was an excellent place to drive over and grab what you needed for your special project. The Home Depot has become a household name in house renovations, all under the leadership of Craig. We just went back to some foundational statements from [founders] Bernie Marcus and Arthur Blank in terms of our company values and what we stand for. In addition, he makes $10,889,800 as Chairman of the Board a Chief Executive Officer at Home Depot. Craig Menear: age, family, salary, home depot, house - Briefly Will Record Tuition Deductions Help Private Colleges? Through his knowledge of restructuring the company for ultimate profitability, the company has exceeded many expectations, and should continue to do so throughout the coming years as well. Craig Menear's Home Depot: The Darling Of Wall Street - ChiefExecutive.net The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. Mr. Menear owns over 68,468 units of Home Depot stock worth over $71,783,125 and over the last 16 years he sold HD stock worth over $14,995,979. Craig Menear is chairman and CEO of The Home Depot, the world's largest home improvement retailer with more than 2,200 stores and 400,000 associates. JPMorgan upgrades Procter & Gamble, says consumer staples stock could be an earnings compounder. Craig Menear works as a Board Member Craig graduated from Michigan State University's Eli Broad College of Business and They used to work at Camp Southern Ground and have used the following emails: , @homedepot.com. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. Holifields team then proceeded to engineer and execute on the companys supply chain transformation, adding a network of eighteen Rapid Deployment Centers to supply stores with unprecedented efficiency. If you enjoyed this story on the life of Home Depot CEO Craig Menear, be sure to check out our biography of Lowes CEO Marvin Ellison! Langone, however, walked back his support of the president and denounced Trump after a mobattackedthe Capitol. Current Chairman and CEO Craig Menear will continue to serve as the company's board chairman. Craig A. Menear: CEO Pay $13,059,751: Median Employee Pay $28,697: CEO Pay Ratio 455:1: Board of Directors in HOME DEPOT INC. For its 2021 fiscal year, HOME DEPOT INC, listed the following board members on its annual proxy statement to the SEC. After completing his university studies, the American businessman got into work at several retailers. Craig Menear, CEO of The Home Depot Wiki: Salary, Net - wikinetworth But Home Depot's successunder the helm of president and CEO Craig Menearalso can be attributed to internal restructuring to improve profitability. Between the day Craig Menear was made chief executive in 2014 and December 2017, The Home Depots single share value increased from roughly $92 to $192, at which point, the company revealed a plan to invest north of $11 billion to position itself as One Home Depot.. Philanthropist Chief Executive Officer of Las Vegas Sands Sheldon Adelson listens to President Donald Trump address to the Israeli American Council National Summit 2019 at the Diplomat Beach Resort in Hollywood, Fla., Dec. 7, 2019. Inside the career of Home Depot CEO Craig Menear, who has worked at the [1][2] His father worked as a tool and die maker for General Motors. Tune into ABC at 1 p.m. [6] He was given $11.5 million in 2016. Home Depot's Craig Menear upbeat about company's future Changing the basis of, Read More 10 Things You Didnt Know about Mohit KumarContinue, What do you know about the Chief Technical Officer and co-founder of online chat platform Omegle, Leif K-Brooks? For Langone, recent beneficiaries include official Republican Party offices across the United States, as well as big-name Republican members of Congress like Kevin McCarthy and Tom Cotton. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. The estimated Net Worth of Craig A Menear is at least $101 Milion dollars as of 20 August 2021. Craig Menear | WA | Read Reviews + Get a Free Estimate | BuildZoom And so far in the 2020 election cycle, the PAC has also given $250,000 to the Congressional Black Caucus PAC and its members. Menear was born c.1958 in Flint, Michigan. Lets get started. Follow Craig Menear on LinkedIn to get to know them better. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. 2016 Election Cycle. Home Depot Punished Worker for Black Lives Matter Logo, Labor Board Give Me an H: Chairman and CEO Craig Menear's Passion for Retail Starts As Craig Menear put it: that was a significant improvement compared to double-digit declines in previous quarters in 2009. He attributed the improvement to consumers snapping up values in Home Depots appliances, water heaters, and windows categories. "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," Menear said in a news release. from 1999 to present. Craig Menear has been climbing the ladder at Home Depot for years and not one of the orange metal ones that employees use to grab products off high shelves. Logistics is huge, and if you step back to just twelve years ago, our business has changed pretty dramatically [since then], he explained at a 2018 Michigan leadership summit. All Rights Reserved. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. "I have tremendous confidence that he will guide our company to new heights.". Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. His father worked as a tool and die maker at General Motors. Under his leadership, the company continues to . Little did they know, Blakes selfless leadership style would be exactly what The Home Depot needed to mend soar wounds. Still, amidst troubled financial waters, Blake chose to make investments in his operations by continuing to modernize their supply chain, rethinking the role technology could play in their retail strategy, and most importantly, emphasizing the tremendous impact that each hired hand in each store has on Home Depots success. Earlier this month, a memo from the office of Florida Gov. In total, ABC News identified at least 25 individuals appointed to the advisory council who have made substantial donations to his political campaigns or to outside groups supporting his presidency, raising concerns among prominent ethics watchdogs. The company itself used to be involved in sports science but these days, its making a significant move toward healthcare. There are several fast food restaurants that have expanded over the past few years and should continue to grow over the next year. as well as other partner offers and accept our, A financial analyst breaks down the biggest differences between Home Depot and Lowe's and explains which retailer has the edge, Before that, he worked at Montgomery Ward and. For Menear, one of his most important tasks when taking over as CEO was keeping the company customer centered while also keeping up with the advancing technology that has taken over our society. Adelson dropped a $5 million check to the president's inaugural committee in 2017 and has given $15 million to Trump-aligned super PACs. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. For one of the co-founders, Bernie Marcus, to support a xenophobic, misogynistic, racist bigot like Donald Trump and stand by his divisive, hateful rhetoric is beyond acceptable and appalling. Dean's CEO Speaker Series: Craig Menear, Chairman and CEO, The Home The Hispanic and Latino community are a huge clientele and work force of Home Depot, affording Home Depot in reaching the pinnacle of a successful corporation. Retailers Predict Post-Pandemic Shopping Trends in Q1 Earnings Calls He will be replacing Craig Menear, who has been . Needless to say, Menear inherited a fairly advantageous situation when compared to the circumstances his predecessor encountered. Menear has donated to the Home Depot Political Action Committee over the years. Briefly.co.za recently published an article about Brian Williams' biography. Craig Menear - Biography - MarketScreener.com Board of Directors | The Home Depot Biography of Craig Menear. Among other initiatives, they plan on adding 170 distribution facilities across America to reach 90% of the U.S. population in one day or less, moreover, another goal is to open hubs that will consolidate the freight for dispatch on to final-mile delivery vehicles appliances for Interline MRO, Pro, and do it yourself (DIY) hobbyists delivery from DFCs, vendors, and stores, in about 100 locations. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. Political Campaign Contributions. Craig Menear Wiki - Age, Wife, Family, & More. 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