craig menear politics craig menear politics

Thats right. Craig Menear (born c.1958) is an American business executive. 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. Country of residence : Unknown. 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. And when it comes to political contributions, Home Depot and Lowe's both happen to reflect the conservative tendencies of many prominent retailers. In 2019, Marcus said he would donate a portion of his billions to the president's re-election campaign. In 2007, he was appointed executive vice president of merchandising. 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. 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. Under his leadership, the company continues to give quality services in supplying tools, construction products. 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. Others Named Craig Menear. Craig Menear. As political donors, current Home Depot CEO Craig Menear and Lowe's CEO Marvin Ellison diverge in a number of key ways. 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. He will be replacing Craig Menear, who has been . JPMorgan upgrades Procter & Gamble, says consumer staples stock could be an earnings compounder. As a long-time Home Depot veteran, Craig lives our values and embodies our culture. Needless to say, Menear inherited a fairly advantageous situation when compared to the circumstances his predecessor encountered. Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. Learn More about Craig A. Menear's net worth. Like other CEOs, Craig has been vocal about his political stand in the US elections. Their status as retirees has not stopped outraged social media users from encouraging left-leaning shoppers to spend their cash at Lowe's instead. Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. "I have tremendous confidence that he will guide our company to new heights.". Rapidly putting his know-how to work, the young man from Flint climbed his way up from divisional merchandise manager for the southwest division to senior vice president of merchandising for hardlines by 2003. 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. Craig Menear has created a big name for himself in the business of home improvement. Get this delivered to your inbox, and more info about our products and services. Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. [2] Succeeding Frank Blake in these roles, Menear has served as its chief executive officer since November 2014,[2] and as its chairman since February 2015. 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. Through his hard work and consistency, he has ensured that he remains on top of the game throughout most aspects in life. They outrank your supervisor. Craig Menear. "It's an example of how writing big checks to the president and a super PAC means that your voice is heard louder than many others, Fischer said. The estimated net worth of Craig A. Menear is at least $88.26 million as of December 13th, 2019. He is the chairman and CEO of, The Home Depot, one of the largest home improvement firms in America. window.mc4wp.listeners.push( The pair has given $470,300 this year, with 99% of that money going to Republican candidates. 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Garrett by trade is a personal finance freelance writer and journalist. 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. The Home Depot has become one of the more successful home improvement companies that Craig Menear has earned himself the 29th spot on the list of the top 1000 CEOs of private and public companies. 2016 Election Cycle. As a result, The Home Depot sought to distance itself from the statement. His father was a tool and die maker at Flint General Motors. But a job interview he booked for practice ignited his passion for the always-evolving, people-centered retail industry. Political Action Committee, the . 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. In 2020, the breakdown for Lowe's' PAC's $602,000 was 25% to Democrats and 75% to Republicans. At least 25 individuals have made substantial donations in support of Trump. Craig Menear, who was tabbed CEO in November 2014, will continue as the company's chairman. 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. How it started and how to protect yourself: Tracking the spread in the US and Worldwide. Home Depot on Thursday also announced a new $15 billion share-buyback program. 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. By December of 2019, The Home Depot was riding high considering online sales had been increasing about $1 billion in each of the previous six years, ultimately making them the 5th largest e-commerce operation in the United States; 50% of the time, customers were choosing to pick up their orders inside their neighborhood store a testament to the home improvement giants interconnected strategy. When I joined the company, we were still decentralized, 75% of our goods went direct from the manufacturer to each individual store, and as the business evolved, that supply chain just didnt work anymore; it was really inefficient.. Marcus in particular has once again made headlines by vowing to support. Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia. Atlanta, GA, US View. 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. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. 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. Like other CEOs, Craig has been vocal about his political stand in the US elections. 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 and two executive VPs explain that you can use these hours as you see fit, whether now, or later (summertime beach season for me), or not at all & get paid out for them at the end of the year. President Trump's 'opening the country' council features several political donors and supporters . Trump also appointed Treasure Island Hotels owner Phil Ruffin and casino mogul Sheldon Adelson to the council and assigned to its hospitality group. } He is on the Board of Directors at Retail Industry Leaders . 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. 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. (function() { The company's statement didn't give a reason for Menear's retirement. Ellison, on the other hand, has never donated to the Lowe's Companies, Inc. 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. Retail, among the industries hit hardest by the pandemic, received significant representation. 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. 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. In January 2022, The Home Depot announced that he would step . Menear graduated from Michigan State University College of Business with a bachelor's degree back in 1979. Craig Menear politics. 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. After completing his university studies, the American businessman got into work at several retailers. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. Access your favorite topics in a personalized feed while you're on the go. "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.". Bernie Marcus attends Lord & Taylor toasts Georgia Aquarium founder Bernie Marcus at Del Posto, April 18, 2007, in New York City. 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. 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 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. His skills can be looked up to and learned from. 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. 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. 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. I could have spent all that money at locally owned businesses that do not support fat blimp-like despicable proto-fascist dictator assholes. [8], Menear is a donor to his alma mater, Michigan State University. As a staff member, I remember the feeling of getting a note from the vice president of the United States saying nice job on something. He has been ranked 29th in the top 1000 CEOs of private and public companies. The new CEO will be Craig Menear, Atlanta-based Home Depot announced Thursday after the stock market closed. The founding team at Home Depot longtime home improvement executives Bernie Marcus and Arthur Blank, investor Ken Langone, and merchandising expert Pat Farrah. Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. 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? Stephen Schwarzman, CEO of the asset management group Blackstone, will join the council's financial services and real estate groups. Home Depot names new CEO, Ted Decker, who will start March 1, Chartmaster on what to do with the Home Depot/Costco trade. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. 5. Updated April 6, 2015 6:34 pm ET. Executing a move that initially left some scratching their heads, the board appointed Frank Blake CEO after Nardellis departure, he had come from GE as well, and many feared a catastrophic repeat of the past seven years. Frank Blake has been Home Depot's chairman and CEO . To a Spreadsheet or Other File Type. But a modicum of political change may be at hand for both retailers in the coming election cycle. Find contact details for 700 million professionals. References This . Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team. } Menear has donated to the Home Depot Political Action Committee over the years. His first job was at Montgomery Ward, a department store chain. Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given . In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. All Rights Reserved. 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 announcement comes two days after Home Depot's second-quarter earnings report, which reflected strong performance even as consumers grappled with high inflation. In fiscal 2013, the company reached sales of $78.8 billion and earnings of $5.4 billion. It should be no surprise that Craig Menear has had the success to become a millionaire during his career. Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. "President Trumps policies built a booming economy and they will do so again.". Craig Menear (born c. 1958) is an American business executive. 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. 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. During his childhood, he had a lawn care business with which he bought his first car. The board thanked Menear for his service with the company, and praised Decker's performance thus far as CEO. Despite Langone and Marcus' high-profile conservative giving, Home Depot's PAC has consistently been more Democrat-friendly than that of its rival. Home Depot shares closed Thursday at $356.43, down less than 1%, and are up about 30% over the past 12 months. In 2018, 36% of its $2,060,500 contribution went to Democrats, while in 2016 . ET and ABC News Live at 4 p.m. One factor behind the lower rate of political contribution may simply be the newness of the North Carolina-based company's leadership. Have you ever looked at a company or brand and wondered who runs the show? . Craig Menear, chairman, president, and CEO of The Home Depot and alumnus of the Broad College of Business, was the commencement speaker at the spring undergr. 2. 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. 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. Menear said 98 words. 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. 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 . Craig was named CEO and president in November 2014 and chairman in February 2015. Craig Menear Wiki - Age, Wife, Family, & More. Menear graduated from Michigan State University College of Business with a bachelors degree back in 1979. 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. Craig Menear; Director ejecutivo de The Home Depot Actualmente en el cargo; Desde el 01 de noviembre de 2014: Informacin personal; Nacimiento? [7], In January 2022, The Home Depot announced he would be stepping down as the CEO and President effective March 1, 2022 while continuing to serve as the chairman of the board.