Menear was born c.1958 in Flint, Michigan. 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. (exechange) Atlanta, Georgia, January 27, 2022 Craig Menear, chief executive of Home Depot, leaves his position. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. Before joining The Home Depot in 1997, Craig served in various roles with retailers such as IKEA, Builders Emporium, Grace Home. Craig brings decades of retail experience from mass, home center, specialty and big box retailing to his role during a time when the retail landscape is rapidly changing. Bernie M. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates, according to the Center for Open Politics. He also explained that Dawn had been a great source of support throughout his career. Corporations have also been active political spenders at the state level. Political Campaign Contributions. including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. Over the course of 11 years, the ex-Home Depot executive gave the Atlanta-based chain's namesake PAC a total of $8,100. He lives with his wife, and the couple also has two daughters. Read more: A financial analyst breaks down the biggest differences between Home Depot and Lowe's and explains which retailer has the edge. 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. One of the biggest challenges looking ahead manifested in the form of consumer habits shifting, as online sales grew to 4% with no signs of slowing, leadership needed to ponder how best to sell items from barbecue grills and patio sets to actual bricks and mortar over the Internet. Home Depot has named CEO Ted Decker as the chair of the board, the company announced Thursday. 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. Of Lowe's eight-person executive team, seven members including Ellison came to work at the company in 2018 or later. 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. } Marcus in particular has once again made headlines by vowing to support. Get this delivered to your inbox, and more info about our products and services. Menear has donated to the Home Depot Political Action Committee over the years. 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. We want to hear from you. Find contact details for 700 million professionals. But scattered among them are several of Trumps friends, supporters, and political donors. Contribution Totals. Both have vocalized consistent support for US President Donald Trump. Needless to say, Menear inherited a fairly advantageous situation when compared to the circumstances his predecessor encountered. Craig is related to Danielle Menear and Courtney Ann Menear as well as 1 additional person. Pete Davidson's net worth, age, girlfriend, education, tattoos, parents, profiles. Political Action Committee, according to FEC data. "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. He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry. 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 . The culture was always here, he retrospectively told Institutional Investor in a 2011 interview. Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. However, we must acknowledge that he did have his helpful hands intimately engaged in numerous facets of the business throughout this monumental turnaround, areas as diverse as online presence, merchandising, private-brand, global sourcing, marketing operations, and obviously, merchandising. Country of residence : Unknown. [2][4][5], Menear joined Home Depot in 1997. Biography of Craig Menear. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. Learn how your comment data is processed. You are already subscribed to our newsletter! [1][2], Menear began his career at several retailers. Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. But simply examining large donations from retired founders does not lead to a complete or accurate picture of either Home Depot or Lowe's' political leanings. In addition, he makes $10,889,800 as Chairman of the Board i Chief Executive Officer at Home Depot. Learn more about the background of Craig Menear, the highly respected CEO of The Home Depot and his perspective on leadership and the future of business in a. While Home Depot's PAC favors Republicans, the partisan balance of its giving has grown more even with each year. His first post-grad job was at Montgomery Ward, a department store chain. Craig Menear in Washington | Photos | Reviews | 18 building permits. Stay up to date with what you want to know. He attended Flint Central High School. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. { In fiscal 2013, the company reached sales of $78.8 billion and earnings of $5.4 billion. Home Depot Inc. His family also took part in the tool and improvement industry, as his father worked as a tool maker and dye maker for the company General Motors. 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. 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. Mr. Decker has been the chief operating officer at the home-improvement retailer since October 2020. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. Palmer has also been one of Trumps most generous political donors, hosting multiple Trump fundraisers at his luxurious Los Angeles home and giving more than $10 million to the president's various fundraising vehicles, including Trumps presidential campaign, multiple Trump-aligned super PACs, and a legal defense fund set up to help pay legal bills for Trump allies caught up in Special Counsel Robert Mueller's investigation of Russian interference in the 2016 election. Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. Frank Blake has been Home Depot's chairman and CEO . It seems that there really is no stopping Craig Menear, and his attempts to make the company all about the customer. Author: Lois Furry. Follow Craig Menear on LinkedIn to get to know them better. The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. Menear has donated to the Home Depot Political Action Committee over the years. 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. In 2006, Home Depot brought on Office Depot logistics veteran Mark Holifield as senior vice president of Supply Chain. 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. From the policy debates to the political fights, today's . As of 14 November 2018, the estimated net worth of Craig Menear was more than $85.1 Million. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Following publication of this report, White House deputy press secretary Judd Deere issued a brief statement to ABC News. Their status as retirees has not stopped outraged social media users from encouraging left-leaning shoppers to spend their cash at Lowe's instead. Thats right. Monday, January 31, 2022 6:11 AM UTC. Craig Menear (born c. 1958) is an American business executive. Craig Menear has served as CEO and President of The Home Depot since November 2014 and Chairman since February 2015. 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. 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. Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. Select this result to view Craig Albert Menear's phone number, address, and more. 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.
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