Together, they worked on several home improvement projects. U-Haul billionaire E. Joe Shoen made his first-ever contribution to Trump Victory, $35,500, in . 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. Like other CEOs, Craig has been vocal about his political stand in the US elections. Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: The Home Depot's (HD) CEO Craig Menear on Alliance - SeekingAlpha Others Named Craig Menear. 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. I remember that. He attended Flint Central High School. 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. event : evt, The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. 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. He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Bernie M. 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. Palmer's real estate firm G.H. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. HOME DEPOT INC Executive Salaries & Other Compensation - Salary.com Over the course of 11 years, the ex-Home Depot executive gave the Atlanta-based chain's namesake PAC a total of $8,100. Home Depot names new CEO, Ted Decker, who will start March 1, Chartmaster on what to do with the Home Depot/Costco trade. Over the past year, Home Depot has consistently been hammered online over the conservative political stances of two of its founders: Bernie Marcus and Ken Langone. Menear graduated from Michigan State University College of Business with a bachelor's degree back in 1979. Craig Menear Net Worth (2023) | wallmine Check your inbox to be the first to know the hottest news. Craig Menear politics. But is Home Depot really a conservative company? He has also served as a Chairman for the company since 2015. Home Depot says Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1.. Frank Blake has been Home Depot's chairman and CEO since 2007, and . 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? Home Depot Names Ted Decker as CEO - WSJ He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry. 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. Turn on desktop notifications for breaking stories about interest? Decker took over as CEO in . Join the Brooksy Society by subscribing to our Monthly Newsletter! I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. 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. 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. 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. Atlanta-based Home Depot is a major political player in Georgia. In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. At least 25 individuals have made substantial donations in support of Trump. In 2021, the company had 490,600 employees and more than $151 billion in revenue. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. "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.". 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. 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. 2023 CNBC LLC. Craig Menear's Home Depot: The Darling Of Wall Street - ChiefExecutive.net In this article, we are going to reveal to you ten things that you may not have known about Menear, and his time on top in The Home Depot company. 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. 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. 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. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. [4] He previously worked for Builders Emporium and was a distribution manager for IKEA prior to working for Home Depot. Many people are familiar with him because of his decade-long stint in the media industry. As of 14 November 2018, the estimated net worth of Craig Menear was more than $85.1 Million. Home Depot CEO Craig Menear: People focus makes the difference in Mr Menear, getting involved in political statements. 24/7 coverage of breaking news and live events. Craig Menear's salary of $1.3 million has remained unchanged since his appointment to the position of CEO and President. President Trump's 'opening the country' council features several Trump advisers on reopening economy gave half-billion to Republican 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). As a CEO and President of Home Depot, he earns a base salary of $1.3 million per annum. Craig may not officially change The Home Depot's signature orange color, but his allegiance to the green and white is as strong as ever. His father worked as a tool and die maker at General Motors. Download all contribution records for this person. "As a long-time Home Depot veteran, Craig lives our . Menear has been at the retailer for more than 20 years and began as CEO in November 2014. Under his leadership, the company continues to give quality services in supplying tools, construction products. The next item for consideration is the shareholder proposal regarding the preparation of a semi-annual report for political . . Biography of Craig Menear. He also explained that Dawn had been a great source of support throughout his career. Of course, eager investors rewarded the stock by skyrocketing its value throughout the nationwide lockdown period to the tune of a record high of $339 per share in May 2021. He then worked at Builders Emporium and was also a distribution manager at IKEA. . In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Home Depot Inc. Hell do an outstanding job leading our company in the years ahead.. Even prior to the global health crisis, Home Depot was making significant investments in its supply chain and e-commerce business. President Trump's 'opening the country' council features several political donors and supporters . Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia. On Sundays, the Fortune 500 corporations new chief executive hand-wrote thank-you cards to employees, a meaningful gesture he learned from President George H. W. Bush while serving as deputy general counsel from 1981-1983, during his vice presidency years. Decker, who has . In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. Craig Menear | ZoomInfo "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. 2016 Election Cycle. Home Depot names longtime executive as new CEO | AP News { The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. Linked companies : No connection available. 2 homedepot.com.trackapp.io; homedepot.com; 5+ 678362XXXX; 678-462-XXXX; 678-362-XXXX; 678-461-XXXX; 770-384-XXXX . 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. The founding team at Home Depot longtime home improvement executives Bernie Marcus and Arthur Blank, investor Ken Langone, and merchandising expert Pat Farrah. Before joining The Home Depot in 1997, Craig served in various roles with retailers such as IKEA, Builders Emporium, Grace Home. Between the day Craig Menear was made chief executive in 2014 and December 2017, The Home Depots single share value increased from roughly $92 to $192, at which point, the company revealed a plan to invest north of $11 billion to position itself as One Home Depot.. Craig Menear. This site uses Akismet to reduce spam. Briefly.co.za recently published an article about Brian Williams' biography. Frank Blake has been Home Depot's chairman and CEO . POLITICAL ACTION COMMITTEE: listeners: [], His first post-grad job was at Montgomery Ward, a department store chain. 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. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. Political Campaign Contributions. In 2020, the Center for Responsive Politics listed the investor and his wife Elaine as two of the top hard money individual contributors. "Were happy to give input and ideas on the roadmap for reopening the economy, the statement reads, and were also doing this through Craigs participation with other organizations such as the Business Roundtable.". Craig A Menear - Add Relationship - LittleSis Learn More about Craig A. Menear's net worth. Craig Menear - $23,400 in Political Contributions for 2016 - CampaignMoney Decker began as a director of business valuation and served as executive vice president of merchandising before being named chief operating officer and president in October 2020. [1][2] His father worked as a tool and die maker for General Motors. 21 Famous Transformational Leadership Examples The estimated Net Worth of Craig A Menear is at least $101 Milion dollars as of 20 August 2021. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. Pay for Home Depot's Craig Menear Totaled $10.2 Million Last Year Want to connect with other businesses in the Latino community? Following his brief stint with the fledgling clothing store, Ellison got named CEO of Lowes, an international home improvement retailer that is largely considered his previous employers most fervent competitor. So, while the home improvement giants and the more high-profile founders in the industry may favor Republican candidates at the moment, the partisan donation gap may be starting to balance out.