But the recurring partisan controversy fails to capture the fact that both home improvement companies skew conservative when it comes to political giving a tendency they share with many major 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 . Contribution Totals. Besides, he has amassed over 117,327 units of Home depot stock in his name, which cost over $58,711,831. You can find out more information about Menear and the work he has put into The Home Depot online. Account will be deleted and I will shop at Lowes! At least 25 individuals have made substantial donations in support of Trump. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. If somebody had said, Okay, Frank, here blank sheet of paper. Not the Craig Menear you were looking for? 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. With over 10 years experience he's covered businesses, CEOs, and investments. 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. The councils seemingly crucial healthcare group, for example, is represented mainly by pharmaceutical companies like Pfizer and Johnson & Johnson and insurance companies such as Aetna and Cigna rather than public health professionals. "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.". He lives with his wife, and the couple also has two daughters. But, what does the CEO of home depot make? Despite Langone and Marcus' high-profile conservative giving, Home Depot's PAC has consistently been more Democrat-friendly than that of its rival. But a job interview he booked for practice ignited his passion for the always-evolving, people-centered retail industry. 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 . . Craig brings decades of product, supply chain, online and marketing expertise to his role during a time when the retail landscape is rapidly changing. That makes up around 9% of the PAC's current cycle to-date disbursements. 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. That same day, America First Action announced a $26.6 million investment in broadcast television ad buys set to run in the fall in the battleground states, including $18 million in Florida. The longtime CEO of the company has made a name for himself, and for the company, throughout the years, making it a household name in its industry (no pun intended). He serves as the chairman and is the former chief executive officer of The Home Depot. In 2018, the committee donated $1,320,320 to Republican federal candidates and $742,680 to . In 2020, the Center for Responsive Politics listed the investor and his wife Elaine as two of the top hard money individual contributors. The Hispanic and Latino community are a huge clientele and work force of Home Depot, affording Home Depot in reaching the pinnacle of a successful corporation. It should be no surprise that Craig Menear has had the success to become a millionaire during his career. The second best result is Craig Allen Menear age 40s in Valparaiso, IN. Menear has donated to the Home Depot Political Action Committee over the years. As political donors, current Home Depot CEO Craig Menear and Lowe's CEO Marvin Ellison diverge in a number of key ways. Menear, 57, has been president of the company's U.S. retail operations since February . 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. Through his able leadership, the company has grown significantly. Decker took over as CEO in March, when Menear stepped down from that role. I remember that. Home Depot's PAC has given the most money so far this year, shelling out $841,500 to Republicans and $653,500 to Democrats. Like other CEOs, Craig has been vocal about his political stand in the US elections. Mr. Menear owns 277,604 shares of Home Depot stock worth more than $88,264,192 as of February 21st. The PAC was previously called the Home Depot Better Government PAC in the early 2000s, only to be eventually renamed to promote transparency. They outrank your supervisor. 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. Menear has been at the retailer for more than 20 years and began as CEO in November 2014. Craig Menear tries to be on the store floor of a Home Depot almost every week. He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry. Ethics experts say it is certainly not the first time political donors have netted advisory posts. Schwarzman gave nearly $1 million to Trump Victory and the Trump inaugural committee and gave another $3 million to America First Action. He's spent the vast majority of his career dealing with complex logistics, the expectations of builders and home . Has Worked For More Than Just The Home Depot. Craig Menear (born c. 1958) is an American business executive. 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. 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. In January 2022, The Home Depot announced that he would step . However, these actions were met with backlash from the public. 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. Under his leadership, the company continues to . The Home Depot on Thursday named a veteran executive as its new CEO. Author: Lois Furry. 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 . "Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles," said Blake. The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board. Edward "Ted" Decker, who has served as Home Depot's chief operating officer since October 2020, will become president and CEO on March 1. He will be replacing Craig Menear, who has been . Has Been Known As The Darling Of Wall Street, 7. 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. I couldnt do this without her, he humbly admitted to the Atlanta Business Chronicle in 2018. de 1958 Flint, Mchigan, Estados Unidos: Nacionalidad: Estadounidense: Craig Menear is chairman, CEO and president of The Home Depot. 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. The question, ethics experts said, is whose interests are best represented and how they earned a proverbial seat at the table. Mr. Craig A. Menear is a Chairman & Chief Executive Officer at The Home Depot, Inc. and a Chairman at The Home Depot Foundation. This article about an American businessperson born in the 1950s is a stub. Craig Menear; Director ejecutivo de The Home Depot Actualmente en el cargo; Desde el 01 de noviembre de 2014: Informacin personal; Nacimiento? Political Action Committee, according to FEC data. Data is a real-time snapshot *Data is delayed at least 15 minutes. In 2016, he received $11.5 million. In addition to naming Home Depot CEO Craig Menear to its list, the White House also listed Home Depot co-founders Bernie Marcus and Ken Langone.Both of those billionaires no longer work for the home improvement company, but they are major Republican donors. Robert N. Fried: age, children, spouse, movies, house, profiles, net worth. 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. "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.". on: function(evt, cb) { Business Insider could not identify any members of the current leadership team who donated to a specific politician while employed at Lowe's. You can help Wikipedia by expanding it. 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. Prior to that, Menear had been the company's chief executive since 2014. [8], Menear is a donor to his alma mater, Michigan State University. A Division of NBCUniversal. Craig Menear has created a big name for himself in the business of home improvement. 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. Menear has donated to the Home Depot Political Action Committee over the years. Craig Menear. Even prior to the global health crisis, Home Depot was making significant investments in its supply chain and e-commerce business.
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