craig menear politics craig menear politics

Joe Schildhorn/Patrick McMullan via Getty Image, Do Not Sell or Share My Personal Information. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In fiscal 2013, the company reached sales of $78.8 billion and earnings of $5.4 billion. 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. Check your inbox to be the first to know the hottest news. 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.. [2] He graduated from Michigan State University's Eli Broad College of Business in 1979. The board thanked Menear for his service with the company, and praised Decker's performance thus far as CEO. Contrary to popular belief, Craig Menear has worked with various other retailers within the same genre of industry throughout his career. They all have backlogs. In order to best position themselves for this rush in Pro sales, Craig Menear and company have continued streamlining their delivery process, outfitting it to handle larger orders,while also ensuring they have stocked up on as much inventory as possible. CEO Craig Menear is also a major Republican donor. Corporations have also been active political spenders at the state level. Teddy W Solomon says: April 4, 2021 at 5:19 pm. Photo by Patrick James Miller for Fortune The breach was, unquestionably . Political Campaign Contributions. This site uses Akismet to reduce spam. Home Depot is the largest home improvement retailer in the United States. "As a long-time Home Depot veteran, Craig lives our . 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. They outrank your supervisor. The foundation has nearly doubled its political giving since 2018. Brian is currently a news anchor of The 11th Hour with Brian Williams. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to Democratic candidates . He has also served as a Chairman for the company since 2015. Trump also appointed Treasure Island Hotels owner Phil Ruffin and casino mogul Sheldon Adelson to the council and assigned to its hospitality group. Besides, he has amassed over 117,327 units of Home depot stock in his name, which cost over $58,711,831. Data is a real-time snapshot *Data is delayed at least 15 minutes. 38/$15,620. He became president and COO in October 2020. Of Lowe's eight-person executive team, seven members including Ellison came to work at the company in 2018 or later. Craig Menear Connected to: {{::readMoreArticle.title}} De Wikipedia, la enciclopedia libre. Others Named Craig Menear. That makes a difference, believes Frank Blake. All Rights Reserved. Digital sales rose 80% year over year, furthermore, customers picked up about 60% of those orders at a physical store. Shares of the company were effectively flat after hours. ); Sign up for free newsletters and get more CNBC delivered to your inbox. Both have become outspoken and prolific donors to Republican causes and candidates since retiring from the retailer decades ago. Select this result to view Craig Albert Menear's phone number, address, and more. Richard Mcvey: age, children, first wife, height, career, profile, worth. As the Democratic-leaning holdout of Home Depot's group of founders, Blank has given hundreds of thousands of dollars to Democrats like Hillary Clinton, Chuck Schumer, and Sam Nunn. Follow Craig Menear on LinkedIn to get to know them better. 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. Adelson dropped a $5 million check to the president's inaugural committee in 2017 and has given $15 million to Trump-aligned super PACs. on: function(evt, cb) { In total, ABC News identified at least 25 individuals appointed to the advisory council who have made substantial donations to his political campaigns or to outside groups supporting his presidency, raising concerns among prominent ethics watchdogs. We just went back to some foundational statements from [founders] Bernie Marcus and Arthur Blank in terms of our company values and what we stand for. He lives with his wife, and the couple also has two daughters. ADVERTISEMENT. } Lowe's has given $376,000 to Republicans and $164,500 to Democrats thus far. Coca-Cola ultimately issued a carefully worded statement saying that "voting is a foundational right in America" and pledging to "work to advance voting rights and access in Georgia and . Among other initiatives, they plan on adding 170 distribution facilities across America to reach 90% of the U.S. population in one day or less, moreover, another goal is to open hubs that will consolidate the freight for dispatch on to final-mile delivery vehicles appliances for Interline MRO, Pro, and do it yourself (DIY) hobbyists delivery from DFCs, vendors, and stores, in about 100 locations. [1][2], Menear began his career at several retailers. Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. In 2020 so far, the Bernard Marcus Family Foundation has donated $680,521 to Republican Congressional candidates. What are the admission requirements to study medicine at UCT 2022? In 2018, 36% of its $2,060,500 contribution went to Democrats, while in 2016 . Palmer Associates and Ruffin's spokesperson declined to comment when reached by ABC News. Like other CEOs, Craig has been vocal about his political stand in the US elections. Name Total COMPENSATION; Albert P. Carey: Total Cash $315,000: 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. 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. There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. 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 . Biography of Craig Menear. 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. Since then, he has become a regular donor to his alma mater throughout the years. In 2007, he gained the title of Vice President of Merchandising for the company, which led to his becoming CEO in the fall of 2014. 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. In 2016, he received $11.5 million. Prior to that, Menear had been the company's chief executive since 2014. From the policy debates to the political fights, today's . As political donors, current Home Depot CEO Craig Menear and Lowe's CEO Marvin Ellison diverge in a number of key ways. Menear was born c.1958 in Flint, Michigan. I remember that. Hell do an outstanding job leading our company in the years ahead.. Ron DeSantis, a close ally of the president, declared "employees at a professional sports (league) and media production with a national audience" part of "essential workers" in Florida, allowing McMahon's pro-wrestling company to continue live television broadcasts from its Orlando training facility, while most businesses in Florida had been ordered to shut to help fight the spread of the coronavirus. In talking to the pro, they all have very strong books of business, Home Depot president and chief operating officer Ted Decker said. The Home Depot CEO has clearly shown his able leadership, and since his take over, the company has been on the rise. I could have spent all that money at locally owned businesses that do not support fat blimp-like despicable proto-fascist dictator assholes. 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. Business Insider could not identify any members of the current leadership team who donated to a specific politician while employed at Lowe's. At least 25 individuals have made substantial donations in support of Trump. So far in 2020, Lowe's' PAC has given a total of $540,500 to politicians, with a breakdown of 30% in contributions to Democratic candidates and 70% in giving to Republican contenders. Craig Menear Wiki - Age, Wife, Family, & More. Starting in 2018, the company began spending $1.2 billion to open about 150 supply chain facilities over five years including giant centers geared toward home professionals. They have also lived in Monrovia, CA and Kingston, TN. 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. . Menear has donated to the Home Depot Political Action Committee over the years. Home Depot CEO Craig, age 63, was born in Flint, Michigan in around 1958. Tune into ABC at 1 p.m. Has Been Known As The Darling Of Wall Street, 7. It seems that there really is no stopping Craig Menear, and his attempts to make the company all about the customer. 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. Larry Page: net worth, age, children, wife, house, education, salary, profiles. Stay up to date with what you want to know. Details of his birthday and month are yet to be revealed. "His ability to blend the art and science of retail is exactly what is needed in the next phase of growth for The Home Depot," Menear said in a news release. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. They invested about $11 billion in the improvement of . He donated nothing to Democratic or liberal figures, according to the Center for Responsive Politics. Menear started at Home Depot in 1997, and Decker began his tenure there in 2000. Through his able leadership, the company has grown significantly. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. Garrett by trade is a personal finance freelance writer and journalist. He is replaced by former executive vice president Ted Decker. 2. As a CEO and President of Home Depot, he earns a base salary of $1.3 million per annum. 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. In 2020, the breakdown for Lowe's' PAC's $602,000 was 25% to Democrats and 75% to Republicans. } The PAC was previously called the Home Depot Better Government PAC in the early 2000s, only to be eventually renamed to promote transparency. The company's statement didn't give a reason for Menear's retirement. Marcus in particular has once again made headlines by vowing to support. As published in the Atlanta Business Chronicle on June 1, 2018In early 2014, three people were in the running to succeed Frank Blake as CEO of The Home Depot Inc. Craig Menear, who eventually . Craig Menear, who was tabbed CEO in November 2014, will continue as the company's chairman. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Craig Menear got hired by The Home Depot in 1997 as a divisional merchandise manager for the southwest division. 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. And so far in the 2020 election cycle, the PAC has also given $250,000 to the Congressional Black Caucus PAC and its members. Sign up for free newsletters and get more CNBC delivered to your inbox. I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. Home Depot names new CEO, Ted Decker, who will start March 1, Chartmaster on what to do with the Home Depot/Costco trade. Craig A Menear is Former Chairman/CEO at Home Depot Inc. See Craig A Menear's compensation, career history, education, & memberships. 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. While Home Depot's PAC favors Republicans, the partisan balance of its giving has grown more even with each year. Craig Menear in Washington | Photos | Reviews | 18 building permits. . He worked his way through, and in 2007 he was named the Vice President of Merchandising. Craig Menear, the company's new CEO, is a veteran merchant who lights up when discussing the capabilities of power tools. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In 2019, Marcus said he would donate a portion of his billions to the president's re-election campaign. The American businessman has kept much of his personal life out of the spotlight. A Home Depot spokesperson told Business Insider that the business, as a "long-standing" company policy, does not "endorse or contribute to presidential candidates.". 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. The idea is to further unlock the interconnected retail vision the company began building many years ago. Craig Menear tries to be on the store floor of a Home Depot almost every week. Speaking to Atlanta Business Article, Craig mentioned that he met his wife in Michigan, his home state. Under his leadership, the company continues to give quality services in supplying tools, construction products. In 2020, Home Depot has spent $1,495,000, giving 44% of that money Democratic politicians and 56% to Republicans. 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. He attended Flint Central High School. He is one of the legendary news anchors in America today. 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. Transactions of nine hundred dollars or more, which represent around 20% of Home Depots sales in the United States, began stabilizing by the start of 2010. As a result, The Home Depot sought to distance itself from the statement. In the 2020 elections, he allegedly donated The Home Depot profits to former US President Donald Trump's campaign. Briefly.co.za recently published an article about Brian Williams' biography. 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. Logistics is huge, and if you step back to just twelve years ago, our business has changed pretty dramatically [since then], he explained at a 2018 Michigan leadership summit. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. Now, the company will have to prove it can keep those sales going as Americans face rising prices due to inflation and potentially shift their spending toward services such as dining out and traveling. Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles, said Blake. Not long after the board appointed Menear, the former moved on and accepted an opportunity to become CEO of J.C. 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Menear has donated to the Home Depot Political Action Committee over the years. Adelson did not respond to a request for comment. 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.