Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: 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. Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given . Mr . Craig A Menear, Home Depot Inc: Profile and Biography The show airs every weeknight at 11 pm Eastern Time on MSNBC. Langone, however, walked back his support of the president and denounced Trump after a mobattackedthe Capitol. In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. NOW WATCH: Why groundhogs are hard to get rid of, Visit Business Insider's homepage for more stories. Lowe's has given $376,000 to Republicans and $164,500 to Democrats thus far. Of the two, Menear is clearly the more frequent contributor to political campaigns, politicians, and his current company's PAC. 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. Menear has been into entrepreneurship from an early age. ); The company is involved in renovating or making additions to houses. de 1958 Flint, Mchigan, Estados Unidos: Nacionalidad: Estadounidense: Linked companies : No connection available. The announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. According to Bizjournals, he made a total of $10,889,833 in 2019 and $13,995,092 from the year after. Decker, who has . 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.. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Decker took over as CEO in March, when Menear stepped down from that role. Tell Wealthy Corporations to Stop Bankrolling the Republicans What are the admission requirements to study medicine at UCT 2022? He replaces former CEO Craig Menear, who will retire as chair Sept. 30. Craig Menear's house is located near The Home Depot headquarters in Atlanta, Georgia, where he lives with his wife, Dawn and two daughters. Craig Menear, the company's new CEO, is a veteran merchant who lights up when discussing the capabilities of power tools. listeners: [], Both public and private colleges are competing for a limited number of students. His first job was at Montgomery Ward, a department store chain. Follow Craig Menear on LinkedIn to get to know them better. 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. Garrett by trade is a personal finance freelance writer and journalist. Bernie Marcus attends Lord & Taylor toasts Georgia Aquarium founder Bernie Marcus at Del Posto, April 18, 2007, in New York City. The board thanked Menear for his service with the company, and praised Decker's performance thus far as CEO. Others in the loop would argue the contrary, that executives werent informed enough on the competition, given Lowes stellar rise; the one thing folks seem to universally agree about regarding this period in Home Depots history is its disheartening impact on all involved parties. Youve always got to be aware of what youre competing against but weve learned this the hard way, laments Menear. 2 homedepot.com.trackapp.io; homedepot.com; 5+ 678362XXXX; 678-462-XXXX; 678-362-XXXX; 678-461-XXXX; 770-384-XXXX . Text. I remember that. Work Biography for Craig Menear. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Craig Menear | ZoomInfo Home Depot and its PACs are major donors to Republicans, both nationally and in Georgia. 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. Craig Menear (born c.1958) is an American business executive. Not long after the board appointed Menear, the former moved on and accepted an opportunity to become CEO of J.C. Penny. Home Depot, Lowe's' Politics Don't Diverge As Much As You Might Think 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. Home Depot Inc. Teddy W Solomon says: April 4, 2021 at 5:19 pm. Has Worked For More Than Just The Home Depot. Around ten years old, Craig remembers noticing a girl about the same age living just five houses down from him, her name was Dawn. He also explained that Dawn had been a great source of support throughout his career. We will stand up and speak up, hitting Home . Craig Menear has served as CEO and President of The Home Depot since November 2014 and Chairman since February 2015. He lives with his wife, and the couple also has two daughters. Craig Menear. Both men are company veterans. on: function(evt, cb) { The idea is to further unlock the interconnected retail vision the company began building many years ago. In 2006, Home Depot brought on Office Depot logistics veteran Mark Holifield as senior vice president of Supply Chain. For one of the co-founders, Bernie Marcus, to support a xenophobic, misogynistic, racist bigot like Donald Trump and stand by his divisive, hateful rhetoric is beyond acceptable and appalling. . Others Named Craig Menear. All Rights Reserved. Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. Prior to that, Menear had been the company's chief executive since 2014. He will be replacing Craig Menear, who has been . 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. We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox. There's a video about it on MyApron and probably on loop in your break room too. Craig Menear has been climbing the ladder at Home Depot for years and not one of the orange metal ones that employees use to grab products off high shelves. In 2019, Marcus said he would donate a portion of his billions to the president's re-election campaign. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia. Access your favorite topics in a personalized feed while you're on the go. Craig Menear has served as president and CEO of the Home Depot since 2014 and chairman since 2015. 2023 CNBC LLC. [3][9] He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund.[9][4]. Read more here! 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 Chairman & Chief Executive Officer. Public asset : 66,160,504 USD. 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. The home improvement retailer has gone through a period of tremendous growth during the pandemic, as nesting trends and a strong housing market collided. Menear began working at Home Depot in 1997. [4] He previously worked for Builders Emporium and was a distribution manager for IKEA prior to working for Home Depot. You can help Wikipedia by expanding it. People go: Got it. In 2016, he received $11.5 million. He isnt necessarily the prototypical hotshot CEO we all imagine in our heads when thinking of somebody who has experienced his degree of success or that wields so much economic power, as a matter of fact, hes humble, soft-spoken, and were you to encounter him on the street, theres probably no way youd know he leads an army of 300,000 ready to help associates spread across the North American continent. Since then, he has become a regular donor to his alma mater throughout the years. 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. He then worked at Builders Emporium and was also a distribution manager at IKEA. When it comes to big-name, hyper-partisan donors, Home Depot largely has Lowe's beat. He is on the Board of Directors at Retail Industry Leaders . 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. 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. Earlier this month, a memo from the office of Florida Gov. 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. 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! Pay for Home Depot's Craig Menear Totaled $10.2 Million Last Year 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. A Home Depot spokesperson told Business Insider that the business, as a "long-standing" company policy, does not "endorse or contribute to presidential candidates.". Craig Menear is the Chairman of the Board. Hell do an outstanding job leading our company in the years ahead.. He serves as the chairman and is the former chief executive officer of The Home Depot. The Home Depot - Wikipedia Learn More about Craig A. Menear's net worth. 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. [8], Menear is a donor to his alma mater, Michigan State University. Craig brings decades of product, supply chain, online and marketing expertise to his role during a time when the retail landscape is rapidly changing. Account will be deleted and I will shop at Lowes! Digital sales rose 80% year over year, furthermore, customers picked up about 60% of those orders at a physical store. But how did he come to run the company in the first place? Marcus in particular has once again made headlines by vowing to support. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. [3], Menear was educated at the Flint Central High School, graduating in 1975. Sign up for free newsletters and get more CNBC delivered to your inbox. Lets get started. Thats right. 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. 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. Sign up for notifications from Insider! Get this delivered to your inbox, and more info about our products and services. Fostering his own entrepreneurial spirit, as a kid, he set up a neighborhood lawn care business that triumphantly led to him purchasing his first car with personal savings. Atlanta-based Home Depot is a major political player in Georgia. Its co-founder Bernie Marcus also publicly endorsed Trump urging other people to do so. Political Action Committee, according to FEC data. In 2007 he was appointed to Executive Vice President of Merchandising, a position that hed flourish in for seven years. He donated nothing to Democratic or liberal figures, according to the Center for Responsive Politics. They outrank your supervisor. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Menear was born c.1958 in Flint, Michigan. POLITICAL ACTION COMMITTEE: Craig Menear - Wikiwand Family Life. 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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. 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. Inside the career of Home Depot CEO Craig Menear, who has worked at the "I have tremendous confidence that he will guide our company to new heights.". Craig Menear - $23,400 in Political Contributions for 2016 - CampaignMoney Marcus and Langone have spent millions supporting Republican and conservative causes over the years. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to . Menear graduated from Michigan State University College of Business with a bachelors degree back in 1979. Join the Brooksy Society by subscribing to our Monthly Newsletter! It [the investment] will also go into our associates in forms of both wage benefits and technology to help them do their job, Menear adds in a brief chat with Bloomberg. including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. Many people are familiar with him because of his decade-long stint in the media industry. However, these actions were met with backlash from the public. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. They all have backlogs. In order to best position themselves for this rush in Pro sales, Craig Menear and company have continued streamlining their delivery process, outfitting it to handle larger orders,while also ensuring they have stocked up on as much inventory as possible. Select this result to view Craig Albert Menear's phone number, address, and more. The company itself used to be involved in sports science but these days, its making a significant move toward healthcare. Under his leadership, the company continues to give quality services in supplying tools, construction products. Home Depot's Craig Menear upbeat about company's future For some retailers, fewer in-person . The company has significantly boosted its operating margin by shrewdly allocating capital and keeping store expansion spending at reasonable levels. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. How Home Depot CEO Frank Blake kept his legacy from being hacked Larry Page: net worth, age, children, wife, house, education, salary, profiles. 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. Net sales increased 44 percent to $108.5 billion in the first quarter, after already increasing 38 percent to $386.1 billion during the full year of 2020. Home Depot Co-Founder Endorses Donald Trump | Snopes.com Menear has donated to the Home Depot Political Action Committee over the years. 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 said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Search. Find contact details for 700 million professionals. He became president and COO in October 2020. He has also served as a Chairman for the company since 2015. Retail PACs have given a total amount of $5,169,932 to candidates so far this year, with 43% of that money going to Democratic candidates, and 57% going to Republican contenders. There are several fast food restaurants that have expanded over the past few years and should continue to grow over the next year. Ellison, on the other hand, has never donated to the Lowe's Companies, Inc. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. He is the chairman and CEO of, The Home Depot, one of the largest home improvement firms in America. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. Craig is related to Danielle Menear and Courtney Ann Menear as well as 1 additional person. Top editors give you the stories you want delivered right to your inbox each weekday. That makes up around 9% of the PAC's current cycle to-date disbursements. In November 2014, he became the SEO of the company and has served as its chairman since February 2015. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. Check your inbox to be the first to know the hottest news. Craig Menear, CEO of The Home Depot Wiki: Salary, Net - wikinetworth Menear has been at the retailer for more than 20 years and began as CEO in November 2014. 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. In 1997, Craig joined The Home Depot, one of the largest home improvements firms in America. Coca-Cola C.E.O.: Voting Rights Advocate? - The New York Times Both have vocalized consistent support for US President Donald Trump. In addition, he makes $10,889,800 as Chairman of the Board i Chief Executive Officer at Home Depot. 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. . Home Depot CEO Craig Menear Gives Back to Business | Giving to Michigan "As a 22-year associate of The Home Depot, Ted . With over 10 years experience he's covered businesses, CEOs, and investments. 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. Got a confidential news tip? And is Lowe's its liberal counterpart? In addition to naming Home Depot CEO Craig Menear to its list, the White House also listed Home Depot co-founders Bernie Marcus and Ken Langone.Both of those billionaires no longer work for the home improvement company, but they are major Republican donors. With the $11 billion investment, we told our investors well actually produce an ROIC north of 40.. Menear has donated to the Home Depot Political Action Committee over the years. 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. The next item for consideration is the shareholder proposal regarding the preparation of a semi-annual report for political . 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. Home Depot picks veteran Ted Decker as new CEO | CNN Business 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. Of Lowe's eight-person executive team, seven members including Ellison came to work at the company in 2018 or later. Biography of Craig Menear. Atlanta Business Chronicle sits down with Home Depot CEO Craig Menear For more information on making a gift to the Broad College of Business, contact Senior Director of Development Vivian Leung at [email protected] or call (517) 355-8504. His father was a tool and die maker at Flint General Motors. And so far in the 2020 election cycle, the PAC has also given $250,000 to the Congressional Black Caucus PAC and its members. Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. But is Home Depot really a conservative company? Outgoing CEO Menear said Decker, a 22-year Home Depot veteran, is the right person to take the helm during a period of growth. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. Donald Trump, left, and his partner, developer Phil Ruffin, speak during an opening ceremony for the Trump International Hotel & Tower Las Vegas, April 11, 2008, in Las Vegas, Nevada. But a job interview he booked for practice ignited his passion for the always-evolving, people-centered retail industry. Craig Menear's salary of $1.3 million has remained unchanged since his appointment to the position of CEO and President. The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. To a Spreadsheet or Other File Type. In 2018, USA Today reported that Menear made $11.6 million in total compensation for his role as Home Depot's chief executive. Craig Menear Political Contributions in 2020. . Craig Menear Wiki - Age, Wife, Family, & More. Success Story of Craig Menear - Career, Life, Spouse & The Home Depot Inside the career of Home Depot CEO Craig Menear, who has worked at the Prior to joining The Home Depot, he worked in a variety of roles in mass, home center and specialty retailing. However, as of 2021, he is 63 years old.
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