He lives with his wife, and the couple also has two daughters. The pair has given $470,300 this year, with 99% of that money going to Republican candidates. [3][9] He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund.[9][4]. Family Life. The estimated Net Worth of Craig A Menear is at least $101 Milion dollars as of 20 August 2021. He's spent the vast majority of his career dealing with complex logistics, the expectations of builders and home . The board thanked Menear for his service with the company, and praised Decker's performance thus far as CEO. [2] He graduated from Michigan State University's Eli Broad College of Business in 1979. 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. The estimated Net Worth of Craig A Menear is at least $97.7 Milion dollars as of 20 August 2021. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. Many Wall Street analysts attempted to make sense of the dramatic sales spike and what it could mean for future investors, here is a take from CNBCs Squawk Box covering the home improvement giants quarterly results: About 45% of Home Depots total sales come from Pro customers, and according to CNBC, as the pandemic winds down, they are seeing pent-up demand for professional projects as people feel comfortable inviting contractors back into their homes. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. For some retailers, fewer in-person . 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? Thats right. The home improvement retailer has gone through a period of tremendous growth during the pandemic, as nesting trends and a strong housing market collided. In 2020, the Center for Responsive Politics listed the investor and his wife Elaine as two of the top hard money individual contributors. Home Depot Co-Founder Endorses Donald Trump | Snopes.com There's a video about it on MyApron and probably on loop in your break room too. Craig Menear - Forbes Mr Menear, getting involved in political statements. Dating back to January 21, 2005, Menear has donated $97,921.16 to the Home Depot Inc., Political Action Committee. Craig Menear | WA | Read Reviews + Get a Free Estimate | BuildZoom [1] He became executive vice president of merchandising in 2007. Got a confidential news tip? Want to connect with other businesses in the Latino community? 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. Menear has donated to the Home Depot Political Action Committee over the years. Country of residence : Unknown. as well as other partner offers and accept our, A financial analyst breaks down the biggest differences between Home Depot and Lowe's and explains which retailer has the edge, Before that, he worked at Montgomery Ward and. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. Other prominent Trump donors on the council include Harold Hamm of Continental Resources, Paul Singer of Elliot Management, New England Patriots owner Bob Kraft, and M Crowd Restaurant owner Ray Washburne. However, he could be reached through his work contacts. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. Prior to his retirement in November 2011, Mr. Arpey served as Chief Executive Officer of AMR Corporation, a global airline holding company, and its subsidiary American Airlines, from 2003 through November 2011, immediately prior to their voluntary filing for reorganization . He is the chairman and CEO of, The Home Depot, one of the largest home improvement firms in America. Like other CEOs, Craig has been vocal about his political stand in the US elections. Has Been Known As The Darling Of Wall Street, 7. 2023 CNBC LLC. 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. The question is not merely academic, as decisions made about the economic future of the country could reflect the interests of those appointed to the council. The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. Recent work: Johnson/brooks single family residence - window rpl rmv/rpl 3 windows; no structural changes. 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. 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. Home Depot CEO Craig Menear's Life and Career - Business Insider That relentless work ethic the future executive displayed must have had something to do with the rugged midwestern upbringing he experienced, after all, his father frequently battered him with the mantra, if youre going to do something, do it 110%, or dont do it at all.. 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. With the exception of Ellison, the top brass at both home improvement giants largely favor donating to their employer's designated PAC, as well as the occasional specific politician or campaign. . Tune into ABC at 1 p.m. Account will be deleted and I will shop at Lowes! Linda McMahon, who was previously the Trump administrations small business administrator, is now leading pro-Trump super PAC America First Action. 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. He replaces former CEO Craig Menear, who will retire as chair Sept. 30. Craig Menear. Under his leadership, the company continues to give quality services in supplying tools, construction products. Little did they know, Blakes selfless leadership style would be exactly what The Home Depot needed to mend soar wounds. Craig Menear: age, family, salary, home depot, house - Briefly You can find out more information about Menear and the work he has put into The Home Depot online. For Menear, one of his most important tasks when taking over as CEO was keeping the company customer centered while also keeping up with the advancing technology that has taken over our society. [2][4][5], Menear joined Home Depot in 1997. People go: Got it. ET and ABC News Live at 4 p.m. Search. He serves as the chairman and is the former chief executive officer of The Home Depot. Menear has donated to the Home Depot Political Action Committee over the years. POLITICAL ACTION COMMITTEE: 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 A Menear - Add Relationship - LittleSis Contribution Totals. 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. 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. Corporate Involvement in Politics & Voter Suppression 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. As of 14 November 2018, the estimated net worth of Craig Menear was more than $85.1 Million. In 2018, USA Today reported that Menear made $11.6 million in total compensation for his role as Home Depot's chief executive. 2 homedepot.com.trackapp.io; homedepot.com; 5+ 678362XXXX; 678-462-XXXX; 678-362-XXXX; 678-461-XXXX; 770-384-XXXX . Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. 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. Boycott Home Depot (Co-founder supports Trump) | MoveOn Tell Wealthy Corporations to Stop Bankrolling the Republicans Still, amidst troubled financial waters, Blake chose to make investments in his operations by continuing to modernize their supply chain, rethinking the role technology could play in their retail strategy, and most importantly, emphasizing the tremendous impact that each hired hand in each store has on Home Depots success. Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team. For more information on making a gift to the Broad College of Business, contact Senior Director of Development Vivian Leung at leungv@msu.edu or call (517) 355-8504. Biography of Craig Menear. Craig A Menear is Former Chairman/CEO at Home Depot Inc. See Craig A Menear's compensation, career history, education, & memberships. For starters, seasoned associates at the company were less than thrilled to watch him oust long-time, trusted executives and replace them with outsider GE alumni. 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. After completing his university studies, the American businessman got into work at several retailers. 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 . There are several fast food restaurants that have expanded over the past few years and should continue to grow over the next year. Frank Blake has been Home Depot's chairman and CEO . Craig Menear - Chairman, CEO and President - CrunchBase Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. 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. Alma Mater. Atlanta, GA, US View. In 2016, the organization gave only 13% of its $448,750 expenditure to Democrats. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. . Sign up for notifications from Insider! 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. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. But a modicum of political change may be at hand for both retailers in the coming election cycle. President Trump's 'opening the country' council features several window.mc4wp = window.mc4wp || { "President Trump, who has already brought together the private sector and federal government for unprecedented collaboration during the COVID-19 pandemic, is beginning a dialogue with prominent and successful individuals across multiple industries with different backgrounds and skillsets for the monumental task of re-opening the American economy," Deere wrote. Reply. Prior to that, Menear had been the company's chief executive since 2014. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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 . It seems that there really is no stopping Craig Menear, and his attempts to make the company all about the customer. Home Depot Inc on Thursday named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as chairman. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. His father worked as a tool and die maker at General Motors. Menear began working at Home Depot in 1997. 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 Menear Net Worth (2023) | wallmine 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. Home Depot's vice president of corporate communications and external affairs issued a brief statement in response to questions from ABC News. Home Depot shares closed Thursday at $356.43, down less than 1%, and are up about 30% over the past 12 months. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. Home Depot, Lowe's' Politics Don't Diverge As Much As You Might Think

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