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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. In addition, he makes $10,889,800 as Chairman of the Board i Chief Executive Officer at Home Depot. I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . from 1999 to present. 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 . Menear began working at Home Depot in 1997. Menear was born in Flint, Michigan, USA, in the year 1958. The estimated Net Worth of Craig A Menear is at least $97.7 Milion dollars as of 20 August 2021. 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. Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Home Depot shares closed Thursday at $356.43, down less than 1%, and are up about 30% over the past 12 months. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. Decker, who has . Access your favorite topics in a personalized feed while you're on the go. The foundation has nearly doubled its political giving since 2018. The pair has given $470,300 this year, with 99% of that money going to Republican candidates. Craig Menear took over as CEO in 2014 and finally introduced a refined and robust IT department to fuel a significant transformation change coming. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. callback: cb Mr. Decker has been the chief operating officer at the home-improvement retailer since October 2020. Altogether, Lowe's leadership has been less overtly political in their spending than the Home Depot executive team. 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. 2020 Transaction Count/Amount. 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. Home Depot names new CEO, Ted Decker, who will start March 1, Chartmaster on what to do with the Home Depot/Costco trade. Corporations have also been active political spenders at the state level. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. Menear graduated from Michigan State University College of Business with a bachelors degree back in 1979. Lowe's has given $376,000 to Republicans and $164,500 to Democrats thus far. Mr Menear, getting involved in political statements. Despite the fact he walked away with a dreamy retirement package worth up to $210 million, his practices left Home Depot in a compromised position, particularly due to the cost cuts that were being made to reach inauthentic quarterly objectives they inadvertently wreaked havoc on the ground floor, in other words, where the customer spends their money. Ellison, on the other hand, has never donated to the Lowe's Companies, Inc. Linda McMahon, who was previously the Trump administrations small business administrator, is now leading pro-Trump super PAC America First Action. Since then, he has become a regular donor to his alma mater throughout the years. 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. Others Named Craig Menear. 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 . [1][2], Menear began his career at several retailers. "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.". He also explained that Dawn had been a great source of support throughout his career. Select this result to view Craig Albert Menear's phone number, address, and more. Frank Blake has been Home Depot's chairman and CEO . His films have been among the biggest box office hits of all time. Craig Menear is chairman, CEO and president of The Home Depot. Craig Menear has served as CEO and President of The Home Depot since November 2014 and Chairman since February 2015. Palmer has also been one of Trumps most generous political donors, hosting multiple Trump fundraisers at his luxurious Los Angeles home and giving more than $10 million to the president's various fundraising vehicles, including Trumps presidential campaign, multiple Trump-aligned super PACs, and a legal defense fund set up to help pay legal bills for Trump allies caught up in Special Counsel Robert Mueller's investigation of Russian interference in the 2016 election. 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. 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. Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. CEO Craig Menear is also a major Republican donor. [4] He previously worked for Builders Emporium and was a distribution manager for IKEA prior to working for Home Depot. 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. Earlier this month, a memo from the office of Florida Gov. Through his able leadership, the company has grown significantly. 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. As a long-time Home Depot veteran, Craig lives our values and embodies our culture. Both public and private colleges are competing for a limited number of students. Menear graduated from Michigan State University College of Business with a bachelor's degree back in 1979. JPMorgan upgrades Procter & Gamble, says consumer staples stock could be an earnings compounder. Have you ever looked at a company or brand and wondered who runs the show? Craig Menear (born c.1958) is an American business executive. Craig Menear, the company's new CEO, is a veteran merchant who lights up when discussing the capabilities of power tools. 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. He became president and COO in October 2020. "And you do have to question whether some of these people would have been included if they weren't major financial supporters of the president and his party.". 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. When it comes to big-name, hyper-partisan donors, Home Depot largely has Lowe's beat. And is Lowe's its liberal counterpart? 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 . It [the investment] will also go into our associates in forms of both wage benefits and technology to help them do their job, Menear adds in a brief chat with Bloomberg. Contrary to popular belief, Craig Menear has worked with various other retailers within the same genre of industry throughout his career. The American entrepreneur cannot be contacted directly via his personal details. Not the Craig Menear you were looking for? In 2021, the company had 490,600 employees and more than $151 billion in revenue. In 2006, Home Depot brought on Office Depot logistics veteran Mark Holifield as senior vice president of Supply Chain. READ ALSO: Brian Williams bio: age, daughter, wife, education, career, salary, net worth. 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 . Menear was born and raised in Flint, Michigan to his family back in 1958. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. Home Depot co-founder Bernie Marcus, who retired more than 20 years ago but has given $7 million to super PACs supporting Trump, is listed in the councils retail group alongside Home Depot Chief Executive Officer Craig Menear and another co-founder Ken Langone, who has given $2,700 to the Trump campaign, the maximum an individual can give to a campaign per election. 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. [2] He graduated from Michigan State University's Eli Broad College of Business in 1979. The PAC was previously called the Home Depot Better Government PAC in the early 2000s, only to be eventually renamed to promote transparency. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Read more about the author Craig Menear at L'ATTITUDE. Craig Menear: Home Depot Up until about 2013, Home Depot was an excellent place to drive over and grab what you needed for your special project. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . 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 has donated to the Home Depot Political Action Committee over the years. } Details of his birthday and month are yet to be revealed. Text. Craig was named CEO and president in November 2014 and chairman in February 2015. 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. Even prior to the global health crisis, Home Depot was making significant investments in its supply chain and e-commerce business. . In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to . 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. Craig Menear (born c. 1958) is an American business executive. 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. He lives with his wife, and the couple also has two daughters. 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.
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