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. 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. What are the admission requirements to study medicine at UCT 2022? Following his departure from that initial outfit, he took on roles among numerous home improvement retail companies (each notably vying in the field of do-it-yourself projects), such as Grace Home Centers, Builders Emporium, and IKEA, at one point, he was a distribution manager for the latter. Marcus and Langone have spent millions supporting Republican and conservative causes over the years. Home Depot feels its downstream network consists of four relatively unconnected and independent components, which are store-based delivery, online delivery from direct fulfillment centers (DFC) and vendors, appliance delivery, and Interline brands delivery, explains Forbes. We will stand up and speak up, hitting Home . Menear graduated from Michigan State University College of Business with a bachelors degree back in 1979. That growth has continued, including in the most recent fiscal quarter, even as some consumers hired home professionals in lieu of do-it-yourself projects. Craig Menear; Director ejecutivo de The Home Depot Actualmente en el cargo; Desde el 01 de noviembre de 2014: Informacin personal; Nacimiento? He is on the Board of Directors at Retail Industry Leaders . The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. 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. [1][2], Menear began his career at several retailers. 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? Weve done a number of things throughout our facilities to be able to be more flexible, were working on expanding childcare services, and weve changed the configuration of our buildings in order to facilitate more team integration, Menear explains. After passing, he joined Michigan State University, Eli College of Business, where he graduated with a Bachelor of Arts Degree in 1979. Decker took over as CEO in March, when Menear stepped down from that role. Photo by Patrick James Miller for Fortune The breach was, unquestionably . Palmer's real estate firm G.H. By clicking Sign up, you agree to receive marketing emails from Insider 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. "President Trumps policies built a booming economy and they will do so again.". For some home improvement shoppers, orange signs and blue signs are the new red states and blue states. This site uses Akismet to reduce spam. 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! Work Biography for Craig Menear. The Home Depot has become one of the more successful home improvement companies that Craig Menear has earned himself the 29th spot on the list of the top 1000 CEOs of private and public companies. Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. 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. In addition, he makes $10,889,800 as Chairman of the Board i Chief Executive Officer at Home Depot. Author: Lois Furry. Craig Menear (born c.1958) is an American business executive. Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. All Rights Reserved. Menear was named to Trump's Great American Economic Revival advisory group for retail earlier this year When introducing her boss at Monday's Rotary Club of Atlanta, the Home Depot's Kelly Barrett admitted that she was a little worried when Craig Menear became CEO following Frank Blake in November . Aug. 17, 2021. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. He will be replacing Craig Menear, who has been . I am Craig Menear CEO of Home Depot hater of Lowe's Destroyer Of IKEA Harbinger of Toilets Seller of Kitchen Cabinets Master of All PVC Tubes God of Construction Hardware BOW BEFORE ME MORTALS. The White House announced the appointment of 220 individuals this week assembled by President Donald Trump to serve on an advisory council to assist the White House coronavirus task force in developing a plan to restart the U.S. economy. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Home Depot Inc. said Craig Menear, who took over as chief executive in November, received total compensation last year that was valued at $10.2 million. The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles, said Blake. Craig Menear Chairman & Chief Executive Officer. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. I know what that felt like. If you take care of your associates and take care of your customers, everything else takes care of itself., On August 21st of 2014, The Home Depot announced that Craig Menear, then president of U.S. retail, was named CEO and president, effective November 1, 2014. Menear has donated to the Home Depot Political Action Committee over the years. Will Record Tuition Deductions Help Private Colleges? Before joining The Home Depot in 1997, Craig served in various roles with retailers such as IKEA, Builders Emporium, Grace Home. Menear has donated to the Home Depot Political Action Committee over the years. Menear graduated from Michigan State University College of Business with a bachelor's degree back in 1979. 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. Outgoing CEO Menear said Decker, a 22-year Home Depot veteran, is the right person to take the helm during a period of growth. It should be no surprise that Craig Menear has had the success to become a millionaire during his career. Craig Menear, chairman, president, and CEO of The Home Depot and alumnus of the Broad College of Business, was the commencement speaker at the spring undergr. Hed get a front-row seat to one of the greatest supply chain overhauls since Amazon began threatening the entire brick and mortar retail business community with speedy home delivery of goods spanning nearly every product category. Linda McMahon, who was previously the Trump administrations small business administrator, is now leading pro-Trump super PAC America First Action. He serves as the chairman and is the former chief executive officer of The Home Depot. But scattered among them are several of Trumps friends, supporters, and political donors. Atlanta-based Home Depot is a major political player in Georgia. Even prior to the global health crisis, Home Depot was making significant investments in its supply chain and e-commerce business. It became apparent this rebuild was reaching for the long-term as the great recession took hold, plunging the companys net income to $756 million in the three months ended Nov. 2, 2008, down 30.7% from $1.1 billion in the same period a year before. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. 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. You can find out more information about Menear and the work he has put into The Home Depot online. Shares of the company were effectively flat after hours. Following publication of this report, White House deputy press secretary Judd Deere issued a brief statement to ABC News. The Home Depot is doing better than ever in the tool and home improvement industry, and continues to make strides in the ever changing society in which we live. The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. Craig brings decades of product, supply chain, online and marketing expertise to his role during a time when the retail landscape is rapidly changing. from 1999 to present. All Rights Reserved. Have you ever looked at a company or brand and wondered who runs the show? World Wrestling Entertainment Vince McMahon, the husband of major Trump donor and fundraiser Linda McMahon, is also listed as a member under the sports group. We want to hear from you. On August 21st of 2014, The Home Depot announced that Craig Menear, then president of U.S. retail, was named CEO and president, effective November 1, 2014. Not the Craig Menear you were looking for? Before making his way to The Home Depot, he worked for other independent construction retailers, and other companies (such as Ikea), where he learned the ropes in terms of online sales, marketing, and other business assets. Craig Menear. Since then, he has become a regular donor to his alma mater throughout the years. Download all contribution records for this person. Craig Menear, who was tabbed CEO in November 2014, will continue as the company's chairman. In his more than 20 ye ars with the company, he has held roles spanning merchandising, supply chain, store operations, sourcing, marketing and online. Menear has donated to the Home Depot Political Action Committee over the years. 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. In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. As the Democratic-leaning holdout of Home Depot's group of founders, Blank has given hundreds of thousands of dollars to Democrats like Hillary Clinton, Chuck Schumer, and Sam Nunn. Joe Schildhorn/Patrick McMullan via Getty Image, Do Not Sell or Share My Personal Information. "I have tremendous confidence that he will guide our company to new heights.". In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. 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. 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. Long before he got named The Home Depot CEO, Craig Menear was born in 1958 and raised among the bustling automobile manufacturing factories of Flint Michigan, a blue-collar town that once boasted some nine General Motors (GM) plants. Menear was born in Flint, Michigan, USA, in the year 1958. During his childhood, he had a lawn care business with which he bought his first car. . The pair has given $470,300 this year, with 99% of that money going to Republican candidates. Briefly.co.za recently published an article about Brian Williams' biography. 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. When it comes to big-name, hyper-partisan donors, Home Depot largely has Lowe's beat. Got a confidential news tip? He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. He attended Flint Central High School. Craig Menear in Washington | Photos | Reviews | 18 building permits. As of 14 November 2018, the estimated net worth of Craig Menear was more than $85.1 Million. We need to transform Home Depot to allow customers to shop when, where, and how they want to, Menear said in a 2014 interview at the companys Atlanta headquarters. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Reply. But how did he come to run the company in the first place? 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%. Family Life. You can help Wikipedia by expanding it. Craig Menear's salary of $1.3 million has remained unchanged since his appointment to the position of CEO and President.