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 is chairman, CEO and president of The Home Depot. 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. Recent work: Johnson/brooks single family residence - window rpl rmv/rpl 3 windows; no structural changes. A persistent Spartan, hed drive the aging aforementioned vehicle to and fro the college campus where he slogged his way through two years of math and statistics that didnt come easy. But Id say, the most important thing, that weve found spans across generations, is: people want to understand the strategy of your company, they want to understand how they fit in that, and how they contribute to that.. Little did they know, Blakes selfless leadership style would be exactly what The Home Depot needed to mend soar wounds. 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. The company also expanded its distribution network, with the goal of offering same-day and next-day delivery to 90% of the U.S. population. 2016 Election Cycle. "As a 22-year associate of The Home Depot, Ted . There's a video about it on MyApron and probably on loop in your break room too. The announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. Success Story of Craig Menear - Career, Life, Spouse & The Home Depot Turn on desktop notifications for breaking stories about interest? 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. In 2007 he was appointed to Executive Vice President of Merchandising, a position that hed flourish in for seven years. "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. Tune into ABC at 1 p.m. The Home Depot announced late last week that it had appointed Ted Decker as its new chief executive officer. To examine the politics of the home improvement sector beyond the issue of politically-polarized founders, Business Insider combed through the FEC records for each company's current leadership team and examined the Center for Responsive Politics' breakdown of each company's in-house PAC for answers. } U-Haul billionaire E. Joe Shoen made his first-ever contribution to Trump Victory, $35,500, in . In 2007, he was appointed executive vice president of merchandising. He donated nothing to Democratic or liberal figures, according to the Center for Responsive Politics. Home Depot CEO Craig Menear's Life and Career - Business Insider 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. window.mc4wp = window.mc4wp || { According to the Center for Responsive Politics, the Arthur M. Blank Foundation has only given $283 to Democratic candidates in 2020 so far, and zero dollars to Republicans. 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 . His triumphs have clearly been shown, as in his three years in the position have led to amazing stock records (as we mentioned before), and the company appears to be doing better than ever while continuing to evolve. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. 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%. Decker took over as CEO in March, when Menear stepped down from that role. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Board of Directors | The Home Depot 10 Things You Didn't Know About Home Depot CEO Craig Menear - Money Inc 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. Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. Following his departure from that initial outfit, he took on roles among numerous home improvement retail companies (each notably vying in the field of do-it-yourself projects), such as Grace Home Centers, Builders Emporium, and IKEA, at one point, he was a distribution manager for the latter. Craig Menear Wikipedia Republished // WIKI 2 From 2015 to 2019, CVS Health gave over $31 million to political non-profits, Intel gave $18 million, Anthem Blue Cross Blue Shield health insurance $16 million, Dow $16 million, AT&T $9 million, and Microsoft $6 million. He serves as the chairman and is the former chief executive officer of The Home Depot. He lives with his wife, and the couple also has two daughters. Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. He has been ranked 29th in the top 1000 CEOs of private and public companies. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. 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. While glancing at his 13 years company's stock transaction . 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 the $11 billion investment, we told our investors well actually produce an ROIC north of 40.. Business Insider could not identify any members of the current leadership team who donated to a specific politician while employed at Lowe's. [6] He was given $11.5 million in 2016. . 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. The Home Depot on Thursday named a veteran executive as its new CEO. Craig A Menear - Add Relationship - LittleSis When Craig Menear started looking for work after college, he wasn't really interested in retail, and he certainly did not imagine one day running the world's largest home improvement retailer. 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. 6. Retailers Predict Post-Pandemic Shopping Trends in Q1 Earnings Calls 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. He became president and COO in October 2020. The foundation has nearly doubled its political giving since 2018. President Trump's 'opening the country' council features several All Rights Reserved. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. Youve always got to be aware of what youre competing against but weve learned this the hard way, laments Menear. Mr Menear, getting involved in political statements. As a CEO and President of Home Depot, he earns a base salary of $1.3 million per annum. During Blakes tenure, Home Depots stock rose more than 100%, by the end, they were operating the worlds largest home improvement specialty retailer, with 2,265 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, and Mexico. Craig Menear | ZoomInfo Palmer's real estate firm G.H. 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. Mr. Arpey has been a partner in Emerald Creek Group, LLC, a private equity firm based in Southern California, since 2012. Alma Mater. They outrank your supervisor. 2023 CNBC LLC. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates.