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. 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. 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. on: function(evt, cb) { In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. 2. The Hispanic and Latino community are a huge clientele and work force of Home Depot, affording Home Depot in reaching the pinnacle of a successful corporation. By clicking Sign up, you agree to receive marketing emails from Insider 24/7 coverage of breaking news and live events. Enjoy our content? Craig Menear Chairman and Chief Executive Officer. Learn how your comment data is processed. Craig Menear's salary of $1.3 million has remained unchanged since his appointment to the position of CEO and President. He then worked at Builders Emporium and was also a distribution manager at IKEA. He donated nothing to Democratic or liberal figures, according to the Center for Responsive Politics. After passing, he joined Michigan State University, Eli College of Business, where he graduated with a Bachelor of Arts Degree in 1979. The company has significantly boosted its operating margin by shrewdly allocating capital and keeping store expansion spending at reasonable levels. One factor behind the lower rate of political contribution may simply be the newness of the North Carolina-based company's leadership. 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. 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. Craig Menear Chairman & Chief Executive Officer. Craig Menear; Director ejecutivo de The Home Depot Actualmente en el cargo; Desde el 01 de noviembre de 2014: Informacin personal; Nacimiento? "Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles," said Blake. 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. Decker took over as CEO in . Menear has donated to the Home Depot Political Action Committee over the years. Menear was born c.1958 in Flint, Michigan. Under his leadership, the company continues to . 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! But scattered among them are several of Trumps friends, supporters, and political donors. The longtime CEO of the company has made a name for himself, and for the company, throughout the years, making it a household name in its industry (no pun intended). Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: Outgoing CEO Menear said Decker, a 22-year Home Depot veteran, is the right person to take the helm during a period of growth. Craig Menear has created a big name for himself in the business of home improvement. Atlanta, GA, US View. Brian is currently a news anchor of The 11th Hour with Brian Williams. Both have vocalized consistent support for US President Donald Trump. According to Bizjournals, he made a total of $10,889,833 in 2019 and $13,995,092 from the year after. You have to stay focused on the customers needs and when you lose that focus, bad things happen. Prior to joining The Home Depot, he worked in a variety of roles in mass, home center and specialty retailing. Pete Davidson's net worth, age, girlfriend, education, tattoos, parents, profiles. 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. Still, amidst troubled financial waters, Blake chose to make investments in his operations by continuing to modernize their supply chain, rethinking the role technology could play in their retail strategy, and most importantly, emphasizing the tremendous impact that each hired hand in each store has on Home Depots success. 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. Throughout the most recent years, it has shown greatly that The Home Depot has some of the best records when it comes to the stock market, and it is all thanks to the leadership of Mr. Craig Menear. References This . The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. Craig Menear works as a Board Member Craig graduated from Michigan State University's Eli Broad College of Business and They used to work at Camp Southern Ground and have used the following emails: , @homedepot.com. Has Worked For More Than Just The Home Depot. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. Political Action Committee, according to FEC data. Prior to his retirement in November 2011, Mr. Arpey served as Chief Executive Officer of AMR Corporation, a global airline holding company, and its subsidiary American Airlines, from 2003 through November 2011, immediately prior to their voluntary filing for reorganization . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. He serves as the chairman and is the former chief executive officer of The Home Depot. Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles, said Blake. We lost that focus in the mid-2000s and candidly, we blew one of the biggest housing booms this country has ever seen in the 2004, 2005, 2006 era.. Its worth noting that while board room deliberations ensued regarding Blakes successor, the companys head of U.S. stores, Marvin Ellison and CFO Carol Tome were also potential contenders for the top spot. 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. The Center for Responsive Politics found that in the year 2020, donations in the retail sphere have been more even across the political spectrum than usual. To a Spreadsheet or Other File Type. As of 14 November 2018, the estimated net worth of Craig Menear was more than $85.1 Million. Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. 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 skills can be looked up to and learned from. . event : evt, 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! Home Depot Inc on Thursday named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as chairman. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. listeners: [], Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. At least 25 individuals have made substantial donations in support of Trump. Visit lattitude.net now! 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. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. 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. He lives with his wife, and the couple also has two daughters. 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. Despite being the older company, the original movers-and-shakers of Lowe's never achieved the same high-profile or politicized status in the business world as their orange-aproned counterparts. { However, as of 2021, he is 63 years old. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. As announced by Home Depot Inc. in a news release and in a regulatory filing published on Thursday, January 27, 2022, Craig A. Menear leaves his post as chief executive officer at the world's largest . Linked companies : No connection available. 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. On 1 June 2016, Home Depot co-founder Bernie Marcus published an essay on the web site Real Clear Politics in which he announced that he was endorsing GOP candidate Donald Trump for President of . Together, they worked on several home improvement projects. His films have been among the biggest box office hits of all time. 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. The American entrepreneur cannot be contacted directly via his personal details. The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. A Home Depot store is seen in Washington, DC, on August 18, 2020. . Home Depot and its PACs are major donors to Republicans, both nationally and in Georgia. Monday, January 31, 2022 6:11 AM UTC. Decker took over as CEO in March, when Menear stepped down from that role. Decker, 58, has risen through the ranks at Home Depot since joining the company in 2000. Hell do an outstanding job leading our company in the years ahead.. Got a confidential news tip? 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. 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? Craig was named CEO and president in November 2014 and chairman in February 2015. Political Campaign Contributions. Langone, however, walked back his support of the president and denounced Trump after a mobattackedthe Capitol.