Menear has donated to the Home Depot Political Action Committee over the years. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. Craig Menear. He has had the role of Chief Executive Officer since 2014. The culture was always here, he retrospectively told Institutional Investor in a 2011 interview. He donated nothing to Democratic or liberal figures, according to the Center for Responsive Politics. Sites and apps where to download Afrikaans movies, Top facts: The biggest dams in South Africa, Video of Zamani Mbatha apologising to Snikiwe Mhlongo after cheating scandal goes viral on social media, Who is Kim Fields's dad Erv Hurd? HOME DEPOT INC Executive Salaries & Other Compensation - Salary.com But Id say, the most important thing, that weve found spans across generations, is: people want to understand the strategy of your company, they want to understand how they fit in that, and how they contribute to that.. That same day, America First Action announced a $26.6 million investment in broadcast television ad buys set to run in the fall in the battleground states, including $18 million in Florida. 10 Things You Didnt Know about Targa Resources CEO Joe Bob Perkins, The Top Five Fast Food Franchises of 2017, The 10 Highest Grossing Films Directed by Steven Spielberg, 10 Things You Didnt Know about Mohit Kumar, 10 Things You Didnt Know about Leif K-Brooks, How Ali Wong Achieved a Net Worth of $3 Million, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe. 5. 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. Home Depot Punished Worker for Black Lives Matter Logo, Labor Board "As a long-time Home Depot veteran, Craig lives our . Answer (1 of 47): I have stopped shopping at Home Depot and I greatly regret the many tens of thousands of dollars I have spent there in the past. "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. Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given . Despite being the older company, the original movers-and-shakers of Lowe's never achieved the same high-profile or politicized status in the business world as their orange-aproned counterparts. His first job was at Montgomery Ward, a department store chain. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. Hell do an outstanding job leading our company in the years ahead.. Trump also appointed Treasure Island Hotels owner Phil Ruffin and casino mogul Sheldon Adelson to the council and assigned to its hospitality group. Menear said 98 words. Home Depot's PAC has given the most money so far this year, shelling out $841,500 to Republicans and $653,500 to Democrats. Craig was named CEO and president in November 2014 and chairman in February 2015. } POLITICAL ACTION COMMITTEE: Home Depot forced a worker to quit after he wore a slogan supporting the Black Lives Matter movement on his apron, and it threatened to punish other employees who tried to bring . Despite Langone and Marcus' high-profile conservative giving, Home Depot's PAC has consistently been more Democrat-friendly than that of its rival. event : evt, The list features prominent leaders from a range of major industries, from real estate to finance to sports. The Home Depot - Wikipedia In 2007, he gained the title of Vice President of Merchandising for the company, which led to his becoming CEO in the fall of 2014. Shares of the company were effectively flat after hours. [1][2] His father worked as a tool and die maker for General Motors. And is Lowe's its liberal counterpart? 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? While Home Depot's PAC favors Republicans, the partisan balance of its giving has grown more even with each year. 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He has made the occasional one-off donation to other, largely Republican, candidates and campaigns, including now-Sen. Mitt Romney's presidential run, Jeb Bush, and David Perdue. Atlanta, GA, US View. People go: Got it. In fact, the CEO is considered a multi-millionaire, making roughly around $11 million annually (with increases each year). Craig Menear (born c. 1958) is an American business executive. In this article, we are going to reveal to you ten things that you may not have known about Menear, and his time on top in The Home Depot company. This site uses Akismet to reduce spam. Digital sales rose 80% year over year, furthermore, customers picked up about 60% of those orders at a physical store. Menear was born and raised in Flint, Michigan to his family back in 1958. The founding team at Home Depot longtime home improvement executives Bernie Marcus and Arthur Blank, investor Ken Langone, and merchandising expert Pat Farrah. Starting in 2019, a Nevada voter named Patrick Farrah is listed by the FEC as having donated thousands toward Republican candidates like Lindsey Graham, Mitch McConnell, Kevin McCarthy, and Duncan Hunter, as well as the PAC Bikers for the President. However, these actions were met with backlash from the public. [1][2], Menear began his career at several retailers. And some council members such as Amazon CEO Jeff Bezos, Apple CEO Tim Cook, and Facebook CEO Mark Zuckerberg have at times been vocal in their opposition to the president and his agenda. 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. Mr. Menear owns 277,604 shares of Home Depot stock worth more than $88,264,192 as of February 21st. Home Depots same-store sales in the U.S., which includes sales online and at stores open for at least 12 months, grew 24.6% in the pandemics first quarter. For more information on making a gift to the Broad College of Business, contact Senior Director of Development Vivian Leung at leungv@msu.edu or call (517) 355-8504. Observers have cited the North Carolina-based company's financial support of minority-owned businesses and its current CEO Marvin Ellison's status as one of four Black Fortune 500 CEOs. Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team. . Tune into ABC at 1 p.m. In talking to the pro, they all have very strong books of business, Home Depot president and chief operating officer Ted Decker said. The announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. listeners: [], The PAC was previously called the Home Depot Better Government PAC in the early 2000s, only to be eventually renamed to promote transparency. 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. President Trump's 'opening the country' council features several political donors and supporters . Home Depot CEO Craig Menear Gives Back to Business | Giving to Michigan 10 Things You Didn't Know About Home Depot CEO Craig Menear - Money Inc The show airs every weeknight at 11 pm Eastern Time on MSNBC. He lives with his wife, and the couple also has two daughters. including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. The Home Depot on Thursday named a veteran executive as its new CEO. But a job interview he booked for practice ignited his passion for the always-evolving, people-centered retail industry. Craig Menear: age, family, salary, home depot, house - Briefly Craig Menear's salary of $1.3 million has remained unchanged since his appointment to the position of CEO and President. Craig Menear - RILA Decker, who has . 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. Here Are The Billionaires Backing Donald Trump's Campaign, As Of In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. Linda McMahon, who was previously the Trump administrations small business administrator, is now leading pro-Trump super PAC America First Action. Craig Menear : r/copypasta - reddit But a modicum of political change may be at hand for both retailers in the coming election cycle. "Craig is always careful not to make the success of The Home Depot about him, but to make it about all of the team," said Frank Blake, Menear's predecessor as CEO, serving in the role from . Outgoing CEO Menear said Decker, a 22-year Home Depot veteran, is the right person to take the helm during a period of growth. Mr. Decker has been the chief operating officer at the home-improvement retailer since October 2020. Age : 63. Atlanta-based Home Depot is a major political player in Georgia. Youve always got to be aware of what youre competing against but weve learned this the hard way, laments Menear. Of course, eager investors rewarded the stock by skyrocketing its value throughout the nationwide lockdown period to the tune of a record high of $339 per share in May 2021. Linked companies : No connection available. Craig may not officially change The Home Depot's signature orange color, but his allegiance to the green and white is as strong as ever. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . The longtime CEO of the company has made a name for himself, and for the company, throughout the years, making it a household name in its industry (no pun intended). 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. Has Worked For More Than Just The Home Depot. Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. Give Me an H: Chairman and CEO Craig Menear's Passion for Retail Starts Atlanta Business Chronicle sits down with Home Depot CEO Craig Menear Home Depot's (HD) CEO Craig Menear Hosts 2018 Annual Shareholder He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. Alma Mater. Home Depots stock value dropped 8% by the time Nardelli was exiled by the companys board in 2007, for comparison, during that time, Lowes shares soared some 180%. Political Action Committee, the . As a long-time Home Depot veteran, Craig lives our values and embodies our culture. Quickly connect with Craig before . Text. Home Depot is the largest home improvement retailer in the United States. With fresher, Read More The Top Five Fast Food Franchises of 2017Continue, Steven Spielberg ranks as one of the most iconic and respected directors in the history of American cinema. Craig Menear's house is located near The Home Depot headquarters in Atlanta, Georgia, where he lives with his wife, Dawn and two daughters. Menear has donated to the Home Depot Political Action Committee over the years. Get this delivered to your inbox, and more info about our products and services. Coca-Cola ultimately issued a carefully worded statement saying that "voting is a foundational right in America" and pledging to "work to advance voting rights and access in Georgia and . Trump advisers on reopening economy gave half-billion to Republican Craig Menear email address & phone number | Anheuser-Busch InBev Senior People like Geoffrey Palmer, a colorful California real estate developer who plays professional polo and owns multimillion-dollar mansions in Beverly Hills, Malibu and Aspen, will join the councils "Construction/Labor/Workforce" group, alongside leaders from major unions, including AFL-CIO, International Brotherhood of Teamsters, and Laborers International Union of North America. When Craig Menear started looking for work after college, he wasn't really interested in retail, and he certainly did not imagine one day running the world's largest home improvement retailer. 2. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. Now, the company will have to prove it can keep those sales going as Americans face rising prices due to inflation and potentially shift their spending toward services such as dining out and traveling. Menear has been into entrepreneurship from an early age. In addition, he makes $10,889,800 as Chairman of the Board a Chief Executive Officer at Home Depot. The pair has given $470,300 this year, with 99% of that money going to Republican candidates. Coca-Cola C.E.O.: Voting Rights Advocate? - The New York Times Want to connect with other businesses in the Latino community? Here's a look into Menear's life and career: Source: San Diego Tribune, USA Today, Forbes, Source: Federal Election Committee, CNBC, The Center for Responsive Politics. That relentless work ethic the future executive displayed must have had something to do with the rugged midwestern upbringing he experienced, after all, his father frequently battered him with the mantra, if youre going to do something, do it 110%, or dont do it at all.. To examine the politics of the home improvement sector beyond the issue of politically-polarized founders, Business Insider combed through the FEC records for each company's current leadership team and examined the Center for Responsive Politics' breakdown of each company's in-house PAC for answers. Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. 2 homedepot.com.trackapp.io; homedepot.com; 5+ 678362XXXX; 678-462-XXXX; 678-362-XXXX; 678-461-XXXX; 770-384-XXXX . "Our founders have not been with The Home Depot for nearly 20 years and they don't speak on behalf of the company," a Home Depot spokesperson told Business Insider. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. He lives with his wife, and the couple also has two daughters. 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. Home Depot has named CEO Ted Decker as the chair of the board, the company announced Thursday. "Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles," said Blake. Other prominent Trump donors on the council include Harold Hamm of Continental Resources, Paul Singer of Elliot Management, New England Patriots owner Bob Kraft, and M Crowd Restaurant owner Ray Washburne. Michigan State was a great economic opportunity to be able to get a great education and a great life, and I am very happy to be able to give back some of what was given to me, he divulges to the schools newspaper, having earned his bachelors degree in a fairly swift four years, with the class of 79. Select this result to view Craig Albert Menear's phone number, address, and more. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth.
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