"It's not entirely clear what the parameters were for deciding who is included or not included, but there do seem to be a significant number of Trump donors on this list," Brendan Fischer, a federal reforms director at watchdog group Campaign Legal Center, told ABC News. Briefly.co.za recently published an article about Brian Williams' biography. including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. Transactions of nine hundred dollars or more, which represent around 20% of Home Depots sales in the United States, began stabilizing by the start of 2010. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Craig Menear is chairman, CEO and president of The Home Depot. . A Division of NBCUniversal. Craig Menear has served as president and CEO of the Home Depot since 2014 and chairman since 2015. 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. Here Are The Billionaires Backing Donald Trump's Campaign, As Of ET every weekday for special coverage of the novel coronavirus with the full ABC News team, including the latest news, context and analysis. 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. "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. 6. Home Depot, Lowe's' Politics Don't Diverge As Much As You Might Think Inside the career of Home Depot CEO Craig Menear, who has worked at the The Northern Nevada Business Weekly reported in 2014 that the Home Depot cofounder had moved to the Lake Tahoe area. Coca-Cola C.E.O.: Voting Rights Advocate? - The New York Times That makes up around 9% of the PAC's current cycle to-date disbursements. Contribution Totals. Craig Menear is an inspiration to all the upcoming businesspersons. . In 1997, Craig joined The Home Depot, one of the largest home improvements firms in America. Richard Mcvey: age, children, first wife, height, career, profile, worth. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Since then, he has become a regular donor to his alma mater throughout the years. Menear said 98 words. The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. Needless to say, Menear inherited a fairly advantageous situation when compared to the circumstances his predecessor encountered. Spielberg is a legend, Read More The 10 Highest Grossing Films Directed by Steven SpielbergContinue, What do you know about Mohit Kumar, the CEO of Ultrahuman? Ruffin has given nearly $1 million to Trump Victory, the president's joint fundraising committee with the Republican National Committee, and another $1 million to Trump's inaugural committee. The American businessman has kept much of his personal life out of the spotlight. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. How it started and how to protect yourself: Tracking the spread in the US and Worldwide. Menear has donated to the Home Depot Political Action Committee over the years. All Rights Reserved. . As a staff member, I remember the feeling of getting a note from the vice president of the United States saying nice job on something. Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given . But scattered among them are several of Trumps friends, supporters, and political donors. 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 retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. ET and ABC News Live at 4 p.m. [8], Menear is a donor to his alma mater, Michigan State University. Don't Compete with Inevitable Craig Menear, CEO Home Depot 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. "Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles," said Blake. Home Depot names company veteran Ted Decker as CEO - CNBC His films have been among the biggest box office hits of all time. 2016 Election Cycle. Craig Menear - Chairman, Chief Executive Officer and President. I could have spent all that money at locally owned businesses that do not support fat blimp-like despicable proto-fascist dictator assholes. Craig Menear has served as CEO and President of The Home Depot since November 2014 and Chairman since February 2015. Craig Menear - Biography - MarketScreener.com Home Depot founders and Republican mega-donors Ken Langone and Bernie Marcus have attracted controversy over their donations to Republican groups and politicians, including US President Donald Trump. [6] He was given $11.5 million in 2016. Go create a customer-focused culture in a company of 300,000 people, that would have been pretty difficult. In 2020, the breakdown for Lowe's' PAC's $602,000 was 25% to Democrats and 75% to Republicans. 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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 . The Home Depot, Inc. (NYSE:NYSE:HD) Alliance Bernstein 37th Annual Strategic Decisions Conference June 3, 2021 1:30 PM ETCompany ParticipantsCraig Menear - Chairman and Chief Executive. [1][2] His father worked as a tool and die maker for General Motors. Home Depot and its PACs are major donors to Republicans, both nationally and in Georgia. 10 Things You Didn't Know About Home Depot CEO Craig Menear - Money Inc Home Depot's vice president of corporate communications and external affairs issued a brief statement in response to questions from ABC News. Craig Menear's Home Depot: The Darling Of Wall Street - ChiefExecutive.net This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles, said Blake. Age : 63. Home Depot's (HD) CEO Craig Menear Hosts 2018 Annual Shareholder He serves as the chairman and is the former chief executive officer of The Home Depot. I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. 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. (function() { Besides, he has amassed over 117,327 units of Home depot stock in his name, which cost over $58,711,831. 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 . Home Depot names Ted Decker as new CEO, replacing Craig Menear Over the course of five years, the internal funding should spur innovations in everything from store enhancements and new e-commerce solutions to industry-leading delivery options, and a comprehensive ecosystem conducive to professional contractors (Pro). Retail, among the industries hit hardest by the pandemic, received significant representation. They have also lived in Monrovia, CA and Kingston, TN. Read more: A financial analyst breaks down the biggest differences between Home Depot and Lowe's and explains which retailer has the edge. 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. HOME DEPOT INC Executive Salaries & Other Compensation - Salary.com Menear has donated to the Home Depot Political Action Committee over the years. 2. In January 2022, The Home Depot announced that he would step . Clearly, he knows his way around technical issues with computers, but there has to be more to, Read More 10 Things You Didnt Know about Leif K-BrooksContinue. Dean's CEO Speaker Series: Craig Menear, Chairman and CEO, The Home 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. Decker took over as CEO in . In 2007 he was appointed to Executive Vice President of Merchandising, a position that hed flourish in for seven years. 2. Current Chairman and CEO Craig Menear will continue to serve as the company's board chairman. For some retailers, fewer in-person . Craig Menear Wiki - Age, Wife, Family, & More. Steve Ballmer: age, children, wife, house, yacht, profiles, net worth in billions, Get the news that matters from one of the leading news sites in South Africa, Mlungu woman nails pantsula dance moves with Converse All Stars in the township, Creative lady transforms shack into beautiful home, shows off incredible style, 6-year-old girl fighting for her life following pit bull attack, doctors say she got 1000 stitches, SA woman with "shwapa" performs Bhebha dance challenge, people praise confident woman in TikTok video, Details into the life of Samantha Speno, Randy Orton's ex-wife. "During Ted's tenure as CEO and a member of the board, we have witnessed firsthand his passion for the customer experience and our associates, and we look forward to continuing to work with him as chair," Greg Brenneman, the board's lead director, said in a news release. He lives with his wife, and the couple also has two daughters. The Home Depot - Wikipedia Before joining The Home Depot in 1997, Craig served in various roles with retailers such as IKEA, Builders Emporium, Grace Home. "It's an example of how writing big checks to the president and a super PAC means that your voice is heard louder than many others, Fischer said. He will be replacing Craig Menear, who has been . Others Named Craig Menear. Craig Menear Net Worth (2023) | wallmine The announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. Teddy W Solomon says: April 4, 2021 at 5:19 pm. In 2016, he received $11.5 million. Mr. Arpey has been a partner in Emerald Creek Group, LLC, a private equity firm based in Southern California, since 2012. Craig Menear - $15,620 in Political Contributions for 2020 - CampaignMoney In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. Craig Menear has created a big name for himself in the business of home improvement. The company is involved in renovating or making additions to houses. The numbers show that home improvement retailers have set up PACs that have predominantly donated to Republican federal candidates, like most large retailers. This article about an American businessperson born in the 1950s is a stub. Photo by Patrick James Miller for Fortune The breach was, unquestionably . 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. Have you ever looked at a company or brand and wondered who runs the show? In his role as a news anchor, he has covered more than 300 hours of live, breaking news coverage, including the 2016 presidential campaign and events around the world. Craig Menear: age, family, salary, home depot, house - Briefly 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. Home Depot CEO - Craig Menear (Age 63) - ListOfCEO 2023 CNBC LLC. [2][4][5], Menear joined Home Depot in 1997. So far in 2020, Lowe's' PAC has given a total of $540,500 to politicians, with a breakdown of 30% in contributions to Democratic candidates and 70% in giving to Republican contenders. People go: Got it. Craig Menear tries to be on the store floor of a Home Depot almost every week. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. Who makes the tough business decisions to keep the company prosperous and overwhelmingly popular throughout the course of its history, and in this tough society? Even as the pandemic took hold shortly thereafter, demand for construction-type products actually soared due to homeowners being quarantined inside all day long with not much to do but pursue do-it-yourself projects around their household. However, as of 2021, he is 63 years old. Atlanta Business Chronicle sits down with Home Depot CEO Craig Menear Youve always got to be aware of what youre competing against but weve learned this the hard way, laments Menear. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. Access your favorite topics in a personalized feed while you're on the go. Langone, however, walked back his support of the president and denounced Trump after a mobattackedthe Capitol. Menear has been into entrepreneurship from an early age. Find contact details for 700 million professionals. In his more than 20 ye ars with the company, he has held roles spanning merchandising, supply chain, store operations, sourcing, marketing and online. The foundation has nearly doubled its political giving since 2018. 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. To find out, Business Insider analyzed Federal Election Commission data for Home Depot and Lowe's executives, as well as data from the Center for Responsive Politics. 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. Got a confidential news tip? Since public colleges are supported by the taxes of the people who live in the local regions, the tuition for public colleges, Read More Will Record Tuition Deductions Help Private Colleges?Continue, Joe Bob Perkins is the CEO of Targa Resources. Around ten years old, Craig remembers noticing a girl about the same age living just five houses down from him, her name was Dawn. 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! Their status as retirees has not stopped outraged social media users from encouraging left-leaning shoppers to spend their cash at Lowe's instead. Craig Menear's email & phone | 's Board Member contact info - Datanyze Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. Ethics experts say it is certainly not the first time political donors have netted advisory posts. Craig Menear got hired by The Home Depot in 1997 as a divisional merchandise manager for the southwest division. Craig Menear Wikipedia Republished // WIKI 2 Marcus in particular has once again made headlines by vowing to support. Of the two, Menear is clearly the more frequent contributor to political campaigns, politicians, and his current company's PAC. { In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. Recruited from General Electric, Robert Nardelli was CEO of The Home Depot between 2000 and 2007, his tenure at the home improvement giant has since been scrutinized by analysts as far-reaching as the Wharton School of Finance, where one published study argueshe brought the wrong toolbox to the job. In fact, the CEO is considered a multi-millionaire, making roughly around $11 million annually (with increases each year). Craig Menear Net Worth, Biography, and Insider Trading Adelson dropped a $5 million check to the president's inaugural committee in 2017 and has given $15 million to Trump-aligned super PACs. Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. Decker took over as CEO in March, when Menear stepped down from that role. Under his leadership, the company continues to give quality services in supplying tools, construction products. 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. The next item for consideration is the shareholder proposal regarding the preparation of a semi-annual report for political . Craig is currently on the board of directors of Retail Industry Leaders Association, Atlanta Committee Progress, and 3DE by Junior of Georgia and Camp Southern Ground. Has Been Known As The Darling Of Wall Street, 7. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Alma Mater. Mr. Menear owns over 68,468 units of Home Depot stock worth over $75,521,444 and over the last 16 years he sold HD stock worth over $14,995,979.

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