The board thanked Menear for his service with the company, and praised Decker's performance thus far as CEO. There are several fast food restaurants that have expanded over the past few years and should continue to grow over the next year. Top editors give you the stories you want delivered right to your inbox each weekday. In his more than 20 ye ars with the company, he has held roles spanning merchandising, supply chain, store operations, sourcing, marketing and online. Over the course of 11 years, the ex-Home Depot executive gave the Atlanta-based chain's namesake PAC a total of $8,100. Craig Menear, CEO of The Home Depot Wiki: Salary, Net - wikinetworth Craig Menear - L'ATTITUDE } Craig Menear's house is located near The Home Depot headquarters in Atlanta, Georgia, where he lives with his wife, Dawn and two daughters. "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.". 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. Menear said 98 words. Craig Menear and two executive VPs explain that you can use these hours as you see fit, whether now, or later (summertime beach season for me), or not at all & get paid out for them at the end of the year. 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Langone has frequently expressed support for US President Donald Trump in media appearances, as has Marcus. As political donors, current Home Depot CEO Craig Menear and Lowe's CEO Marvin Ellison diverge in a number of key ways. He is one of the legendary news anchors in America today. His skills can be looked up to and learned from. Craig Menear has served as president and CEO of the Home Depot since 2014 and chairman since 2015. Political Campaign Contributions. Craig Menear (born c.1958) is an American business executive. In 1997, Craig joined The Home Depot, one of the largest home improvements firms in America. For starters, seasoned associates at the company were less than thrilled to watch him oust long-time, trusted executives and replace them with outsider GE alumni. Political Action Committee, according to FEC data. Home Depot on Thursday also announced a new $15 billion share-buyback program. The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Political Action Committee, the . Menear graduated from Michigan State University College of Business with a bachelor's degree back in 1979. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. Besides, he has amassed over 117,327 units of Home depot stock in his name, which cost over $58,711,831. Teddy W Solomon says: April 4, 2021 at 5:19 pm. Craig Menear - $15,620 in Political Contributions for 2020 - CampaignMoney 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. Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: The idea is to further unlock the interconnected retail vision the company began building many years ago. Get this delivered to your inbox, and more info about our products and services. For some home improvement shoppers, orange signs and blue signs are the new red states and blue states. Home Depot co-founder Bernie Marcus, who retired more than 20 years ago but has given $7 million to super PACs supporting Trump, is listed in the councils retail group alongside Home Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given $2,700 to the Trump campaign, the maximum an individual can give to a campaign per election. His first job was at Montgomery Ward, a department store chain. I remember that. "Craig Menear's Home Depot: The Darling Of Wall Street", "Craig Menear, Flint native, named Home Depot CEO", "Inside the career of Home Depot CEO Craig Menear, who spent nearly 20 years working his way up the ladder", "Company Overview of The Home Depot, Inc.: Craig A. Menear", "Home Depot nails 2016 but CEO's pay drops slightly, to $11.5 million", "Why Home Depot CEO Craig Menear Is The Retailer Of The Year", https://en.wikipedia.org/w/index.php?title=Craig_Menear&oldid=1107007407, This page was last edited on 27 August 2022, at 16:50. In 2006, Home Depot brought on Office Depot logistics veteran Mark Holifield as senior vice president of Supply Chain. Name & Location: Employer/Occupation: Dollar Amount: Date: Primary/ General: Contibuted To: MENEAR, CRAIG MARIETTA, GA 30068: Home Depot Product Authority,/Home Depot Product Authority,/Chairman Ceo And President: $192: 12/20/2019: P: THE HOME DEPOT INC. Craig Menear in Washington | Photos | Reviews | 18 building permits. Linked companies : No connection available. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. He has been ranked 29th in the top 1000 CEOs of private and public companies. Despite Langone and Marcus' high-profile conservative giving, Home Depot's PAC has consistently been more Democrat-friendly than that of its rival. Give Me an H: Chairman and CEO Craig Menear's Passion for Retail Starts Details of his birthday and month are yet to be revealed. Hell do an outstanding job leading our company in the years ahead.. The show airs every weeknight at 11 pm Eastern Time on MSNBC. Craig Menear (born c. 1958) is an American business executive. Digital sales rose 80% year over year, furthermore, customers picked up about 60% of those orders at a physical store. Stay up to date with what you want to know. 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. Contrary to popular belief, Craig Menear has worked with various other retailers within the same genre of industry throughout his career. According to the Center for Responsive Politics, the Arthur M. Blank Foundation has only given $283 to Democratic candidates in 2020 so far, and zero dollars to Republicans. 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. 21 Famous Transformational Leadership Examples In 2020, the Center for Responsive Politics listed the investor and his wife Elaine as two of the top hard money individual contributors. Menear has been into entrepreneurship from an early age. 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. His first post-grad job was at Montgomery Ward, a department store chain. 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.. Like other CEOs, Craig has been vocal about his political stand in the US elections. The company's statement didn't give a reason for Menear's retirement. . [1][2] His father worked as a tool and die maker for General Motors. "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. Decker, who has . 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. . 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. And when it comes to political contributions, Home Depot and Lowe's both happen to reflect the conservative tendencies of many prominent retailers. The question is not merely academic, as decisions made about the economic future of the country could reflect the interests of those appointed to the council. His father worked as a tool and die maker at General Motors. 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. The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. 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. Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. By December of 2019, The Home Depot was riding high considering online sales had been increasing about $1 billion in each of the previous six years, ultimately making them the 5th largest e-commerce operation in the United States; 50% of the time, customers were choosing to pick up their orders inside their neighborhood store a testament to the home improvement giants interconnected strategy. Not long after the board appointed Menear, the former moved on and accepted an opportunity to become CEO of J.C. Penny. Trump advisers on reopening economy gave half-billion to Republican on: function(evt, cb) { Contribution Totals. We will stand up and speak up, hitting Home . listeners: [], Home Depot names new CEO, Ted Decker, who will start March 1, Chartmaster on what to do with the Home Depot/Costco trade. 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. 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 Net Worth, Biography, and Insider Trading In 2018, 36% of its $2,060,500 contribution went to Democrats, while in 2016 Democrats received 30% of an overall contribution of $1,977,250. 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.
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