craig menear politics

The estimated Net Worth of Craig A Menear is at least $101 Milion dollars as of 20 August 2021. The American businessman has kept much of his personal life out of the spotlight. We want to hear from you. Joe Schildhorn/Patrick McMullan via Getty Image, Do Not Sell or Share My Personal Information. Since then, he has become a regular donor to his alma mater throughout the years. 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 . Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. Read more about the author Craig Menear at L'ATTITUDE. Ellison, on the other hand, has never donated to the Lowe's Companies, Inc. Long before he got named The Home Depot CEO, Craig Menear was born in 1958 and raised among the bustling automobile manufacturing factories of Flint Michigan, a blue-collar town that once boasted some nine General Motors (GM) plants. "It's bizarre to me that there's nobody representing public health," Virginia Canter, chief ethics counsel at Washington-based advocacy group Citizens for Responsibility and Ethics in Washington, told ABC News. Craig Menear is an inspiration to all the upcoming businesspersons. There are several fast food restaurants that have expanded over the past few years and should continue to grow over the next year. 2 homedepot.com.trackapp.io; homedepot.com; 5+ 678362XXXX; 678-462-XXXX; 678-362-XXXX; 678-461-XXXX; 770-384-XXXX . 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? Starting in 2018, the company began spending $1.2 billion to open about 150 supply chain facilities over five years including giant centers geared toward home professionals. Alma Mater. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. You can find out more information about Menear and the work he has put into The Home Depot online. Craig A Menear is Former Chairman/CEO at Home Depot Inc. See Craig A Menear's compensation, career history, education, & memberships. World Wrestling Entertainment Vince McMahon, the husband of major Trump donor and fundraiser Linda McMahon, is also listed as a member under the sports group. Their status as retirees has not stopped outraged social media users from encouraging left-leaning shoppers to spend their cash at Lowe's instead. Has Worked For More Than Just The Home Depot. You are already subscribed to our newsletter! 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. In their personal contributions, Home Depot executives have favored many of the same conservative politicians as Menear, although a number of figures from the company's leadership team have supported liberal politicians like Hillary Clinton. Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team. It should be no surprise that Craig Menear has had the success to become a millionaire during his career. Home Depots stock value dropped 8% by the time Nardelli was exiled by the companys board in 2007, for comparison, during that time, Lowes shares soared some 180%. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . 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. 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Text. 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 . In addition, he makes $10,889,800 as Chairman of the Board a Chief Executive Officer at Home Depot. from 1999 to present. 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. Check your inbox to be the first to know the hottest news. In January 2022, The Home Depot announced that he would step . 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. [1][2] His father worked as a tool and die maker for General Motors. "I have tremendous confidence that he will guide our company to new heights.". Teddy W Solomon says: April 4, 2021 at 5:19 pm. Search. Menear was born c.1958 in Flint, Michigan. 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? Craig Menear. 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. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. These innovations had an immensely positive role on Menears merchandising side of things; think smoother stocking of inventory and more cost-effective operating expenses, which tends to create wiggle room for competitively priced products. Logistics is huge, and if you step back to just twelve years ago, our business has changed pretty dramatically [since then], he explained at a 2018 Michigan leadership summit. including in the most recent fiscal quarter, was making significant investments in its supply chain and e-commerce business. He will be replacing Craig Menear, who has been . In 2006, Home Depot brought on Office Depot logistics veteran Mark Holifield as senior vice president of Supply Chain. The councils seemingly crucial healthcare group, for example, is represented mainly by pharmaceutical companies like Pfizer and Johnson & Johnson and insurance companies such as Aetna and Cigna rather than public health professionals. All Rights Reserved. He previously served as chief merchant and executive vice president of merchandising. In 2020, the breakdown for Lowe's' PAC's $602,000 was 25% to Democrats and 75% to Republicans. 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. 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. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. Others Named Craig Menear. Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. The company has significantly boosted its operating margin by shrewdly allocating capital and keeping store expansion spending at reasonable levels. 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. Thats right. 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. One factor behind the lower rate of political contribution may simply be the newness of the North Carolina-based company's leadership. Craig Menear (born c.1958) is an American business executive. 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. In November 2014, he became the SEO of the company and has served as its chairman since February 2015. Work Biography for Craig Menear. 5. He worked his way through, and in 2007 he was named the Vice President of Merchandising. Craig Menear (born c. 1958) is an American business executive. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. After graduating from MSU, Menear began his career at the modest, now-defunct retailer, Montgomery Ward; which was a pioneering mail order and department store retailer that operated between 1872 and 2001. Langone has frequently expressed support for US President Donald Trump in media appearances, as has Marcus. After completing his university studies, the American businessman got into work at several retailers. His skills can be looked up to and learned from. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. However, as of 2021, he is 63 years old. 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 . Decker, 58, has risen through the ranks at Home Depot since joining the company in 2000. 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? Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. Quickly connect with Craig before . Aug. 17, 2021. By DEE-ANN DURBIN January 27, 2022. The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. They invested about $11 billion in the improvement of . Family Life. Get this delivered to your inbox, and more info about our products and services. 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. NOW WATCH: Why groundhogs are hard to get rid of, Visit Business Insider's homepage for more stories. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Craig Menear has served as president and CEO of the Home Depot since 2014 and chairman since 2015. From the policy debates to the political fights, today's . While Lowe's lacks a set of high-profile, long-retired Republican mega-donor founders to match those at Home Depot, differences between the two companies' political contribution strategies are thinner that a skim coating of paint. Lets get started. Marcus in particular has once again made headlines by vowing to support. 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. Home Depot is the largest home improvement retailer in the United States. Pete Davidson's net worth, age, girlfriend, education, tattoos, parents, profiles. } Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles, said Blake. Craig was named CEO and president in November 2014 and chairman in February 2015. "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. 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). The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. 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. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. And when it comes to political contributions, Home Depot and Lowe's both happen to reflect the conservative tendencies of many prominent retailers. He is the chairman and CEO of, The Home Depot, one of the largest home improvement firms in America. U-Haul billionaire E. Joe Shoen made his first-ever contribution to Trump Victory, $35,500, in . Before joining The Home Depot in 1997, Craig served in various roles with retailers such as IKEA, Builders Emporium, Grace Home. Menear has been the company's chief executive officer and chairman since November 2014, succeeding Frank Blake in these positions. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Home Depot has seen tremendous growth during the pandemic, as nesting trends and a strong housing market inspired Americans to invest in their homes or move to bigger places. 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. In 2007, he gained the title of Vice President of Merchandising for the company, which led to his becoming CEO in the fall of 2014. [3][9] He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund.[9][4]. For some retailers, fewer in-person . 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. He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry. In 2020, the Center for Responsive Politics listed the investor and his wife Elaine as two of the top hard money individual contributors. 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. Adelson did not respond to a request for comment. 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. 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. 38/$15,620. Menear has donated to the Home Depot Political Action Committee over the years. Want to connect with other businesses in the Latino community? Changing the basis of, Read More 10 Things You Didnt Know about Mohit KumarContinue, What do you know about the Chief Technical Officer and co-founder of online chat platform Omegle, Leif K-Brooks? Craig is related to Danielle Menear and Courtney Ann Menear as well as 1 additional person. [3], Menear was educated at the Flint Central High School, graduating in 1975. ADVERTISEMENT. 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. 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. Together, they worked on several home improvement projects. When it comes to big-name, hyper-partisan donors, Home Depot largely has Lowe's beat. But how did he come to run the company in the first place? 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. 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. Lowe's has given $376,000 to Republicans and $164,500 to Democrats thus far. Join the Brooksy Society by subscribing to our Monthly Newsletter! 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. window.mc4wp.listeners.push( 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. He is replaced by former executive vice president Ted Decker. Craig Menear has created a big name for himself in the business of home improvement. The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. Mr. Decker has been the chief operating officer at the home-improvement retailer since October 2020. Not long after the board appointed Menear, the former moved on and accepted an opportunity to become CEO of J.C. Penny. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Home Depots same-store sales in the U.S., which includes sales online and at stores open for at least 12 months, grew 24.6% in the pandemics first quarter. With the $11 billion investment, we told our investors well actually produce an ROIC north of 40.. Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia.

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