craig menear politics

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. Outgoing CEO Craig Menear will continue to serve as chair of the board. Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. Fifty-one percent of Trump's billionaire donors did not give to the president's 2016 campaign. "Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles," said Blake. The estimated Net Worth of Craig A Menear is at least $101 Milion dollars as of 20 August 2021. Digital sales rose 80% year over year, furthermore, customers picked up about 60% of those orders at a physical store. 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. Menear, 57, has been president of the company's U.S. retail operations since February . Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. The American businessman has kept much of his personal life out of the spotlight. forms: { 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. He lives with his wife, and the couple also has two daughters. 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.. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . Since then, he has become a regular donor to his alma mater throughout the years. [1][2] His father worked as a tool and die maker for General Motors. 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. His father worked as a tool and die maker at General Motors. Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. The estimated Net Worth of Craig A Menear is at least $97.7 Milion dollars as of 20 August 2021. Age : 63. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. Craig Menear, the company's new CEO, is a veteran merchant who lights up when discussing the capabilities of power tools. Langone has frequently expressed support for US President Donald Trump in media appearances, as has Marcus. Read more here! Through his knowledge of restructuring the company for ultimate profitability, the company has exceeded many expectations, and should continue to do so throughout the coming years as well. Name & Location: Employer/Occupation: Dollar Amount: Date: Primary/ General: Contibuted To: MENEAR, CRAIG MARIETTA, GA 30068: Home Depot Product Authority,/Home Depot Product Authority,/Chairman Ceo And President: $192: 12/20/2019: P: THE HOME DEPOT INC. 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. "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. NOW WATCH: Why groundhogs are hard to get rid of, Visit Business Insider's homepage for more stories. "Our founders have not been with The Home Depot for nearly 20 years and they don't speak on behalf of the company," a Home Depot spokesperson told Business Insider. His skills can be looked up to and learned from. Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. 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. 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. Alma Mater. 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.. The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. 2. Craig brings decades of product, supply chain, online and marketing expertise to his role during a time when the retail landscape is rapidly changing. As a result, The Home Depot sought to distance itself from the statement. The company's statement didn't give a reason for Menear's retirement. We will stand up and speak up, hitting Home . 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. 24/7 coverage of breaking news and live events. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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). 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. 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. } Follow Craig Menear on LinkedIn to get to know them better. Download all contribution records for this person. Dealing a further blow to internal morale, he also increased the number of less knowledgeable part-time workers at Home Depots stores, which left full-time employees fuming and led to a diminishment of customer service, one of the companys strengths, recounted Barry Henderson, an equities expert at T. Rowe Price. In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. Biography of Craig Menear. on: function(evt, cb) { 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. Besides, he has amassed over 117,327 units of Home depot stock in his name, which cost over $58,711,831. Of the two, Menear is clearly the more frequent contributor to political campaigns, politicians, and his current company's PAC. The home improvement retailer has gone through a period of tremendous growth during the pandemic, as nesting trends and a strong housing market collided. People like Geoffrey Palmer, a colorful California real estate developer who plays professional polo and owns multimillion-dollar mansions in Beverly Hills, Malibu and Aspen, will join the councils "Construction/Labor/Workforce" group, alongside leaders from major unions, including AFL-CIO, International Brotherhood of Teamsters, and Laborers International Union of North America. Craig was named CEO and president in November 2014 and chairman in February 2015. In 1997, Craig joined The Home Depot, one of the largest home improvements firms in America. 2023 CNBC LLC. Adelson did not respond to a request for comment. Data is a real-time snapshot *Data is delayed at least 15 minutes. Turn on desktop notifications for breaking stories about interest? 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. Have you ever looked at a company or brand and wondered who runs the show? In 2018, USA Today reported that Menear made $11.6 million in total compensation for his role as Home Depot's chief executive. 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. Under his leadership, the company continues to give quality services in supplying tools, construction products. 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. Menear has donated to the Home Depot Political Action Committee over the years. Needless to say, Menear inherited a fairly advantageous situation when compared to the circumstances his predecessor encountered. Craig is related to Danielle Menear and Courtney Ann Menear as well as 1 additional person. 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. Home Depot Inc. said Craig Menear, who took over as chief executive in November, received total compensation last year that was valued at $10.2 million. With the $11 billion investment, we told our investors well actually produce an ROIC north of 40.. 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. Craig Menear Wiki - Age, Wife, Family, & More. The numbers show that home improvement retailers have set up PACs that have predominantly donated to Republican federal candidates, like most large retailers. You can find out more information about Menear and the work he has put into The Home Depot online. 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. Craig Menear is the Chairman of the Board. Craig Menear Chairman & Chief Executive Officer. He is the chairman and CEO of, The Home Depot, one of the largest home improvement firms in America. "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.". Hell do an outstanding job leading our company in the years ahead.. Garrett by trade is a personal finance freelance writer and journalist. Read more: A financial analyst breaks down the biggest differences between Home Depot and Lowe's and explains which retailer has the edge. Craig Menear Political Contributions in 2020. Find contact details for 700 million professionals. When it comes to big-name, hyper-partisan donors, Home Depot largely has Lowe's beat. 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. Will Record Tuition Deductions Help Private Colleges? He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. The announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. Earlier this month, a memo from the office of Florida Gov. ET and ABC News Live at 4 p.m. Home Depot forced a worker to quit after he wore a slogan supporting the Black Lives Matter movement on his apron, and it threatened to punish other employees who tried to bring . Home Depot has named CEO Ted Decker as the chair of the board, the company announced Thursday. Outgoing CEO Menear said Decker, a 22-year Home Depot veteran, is the right person to take the helm during a period of growth. I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. The company has significantly boosted its operating margin by shrewdly allocating capital and keeping store expansion spending at reasonable levels. But, what does the CEO of home depot make? Holifields team then proceeded to engineer and execute on the companys supply chain transformation, adding a network of eighteen Rapid Deployment Centers to supply stores with unprecedented efficiency. 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. 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. [2][4][5], Menear joined Home Depot in 1997. ATLANTA, Jan. 27, 2022 - The Home Depot , the world's largest home improvement retailer, today announced that Edward "Ted" Decker has been named CEO and president, and has been elected to the company's board of directors, all effective March 1, 2022.Craig Menear, currently chairman and CEO, will continue to serve as Chair of the Board. Marcus in particular has once again made headlines by vowing to support. 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. Adelson dropped a $5 million check to the president's inaugural committee in 2017 and has given $15 million to Trump-aligned super PACs. Contrary to popular belief, Craig Menear has worked with various other retailers within the same genre of industry throughout his career. Craig Menear has served as CEO and President of The Home Depot since November 2014 and Chairman since February 2015. Tune into ABC at 1 p.m. His own father was a tool and die maker that worked at GM for forty-one years, and on the few off days to be had, the working-class man often recruited the help of his son for strenuous home improvement projects; perhaps Craig enjoyed these early boyhood do-it-yourself construction tasks, considering the billion-dollar company hed ultimately helm. 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 is replaced by former executive vice president Ted Decker. Linda McMahon, who was previously the Trump administrations small business administrator, is now leading pro-Trump super PAC America First Action. Mr. Menear owns 277,604 shares of Home Depot stock worth more than $88,264,192 as of February 21st. He also explained that Dawn had been a great source of support throughout his career. 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. Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia. Craig Menear is chairman and CEO of The Home Depot, the world's largest home improvement retailer with more than 2,200 stores and 400,000 associates. CEO Craig Menear is also a major Republican donor. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. 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. Through his hard work and consistency, he has ensured that he remains on top of the game throughout most aspects in life. In 2018, 36% of its $2,060,500 contribution went to Democrats, while in 2016 . Work Biography for Craig Menear. The PAC was previously called the Home Depot Better Government PAC in the early 2000s, only to be eventually renamed to promote transparency. 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. With this being said, his executive staff has dedicated a lot of time, energy, and effort to making sure they are clearly communicating their approach, strategy, and how each team member has a profound impact on achieving The Home Depots outlined goals. 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. 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. [6] He was given $11.5 million in 2016. Home Depot's vice president of corporate communications and external affairs issued a brief statement in response to questions from ABC News. . [3][9] He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund.[9][4]. 2016 Election Cycle. (exechange) Atlanta, Georgia, January 27, 2022 Craig Menear, chief executive of Home Depot, leaves his position. } That growth has continued, including in the most recent fiscal quarter, even as some consumers hired home professionals in lieu of do-it-yourself projects. Current Chairman and CEO Craig Menear will continue to serve as the company's board chairman. While glancing at his 13 years company's stock transaction . As a CEO and President of Home Depot, he earns a base salary of $1.3 million per annum. The Northern Nevada Business Weekly reported in 2014 that the Home Depot cofounder had moved to the Lake Tahoe area. I know what that felt like. If you take care of your associates and take care of your customers, everything else takes care of itself., 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. For some retailers, fewer in-person . 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. He previously served as chief merchant and executive vice president of merchandising. Answer (1 of 47): I have stopped shopping at Home Depot and I greatly regret the many tens of thousands of dollars I have spent there in the past. He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund. You can help Wikipedia by expanding it. Menear has donated to the Home Depot Political Action Committee over the 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. Pete Davidson's net worth, age, girlfriend, education, tattoos, parents, profiles. [3], Menear was educated at the Flint Central High School, graduating in 1975. Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team.

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