Home depot ceo history. Learn how to review your purchase history today.

Home depot ceo history 21, 2014 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Craig Menear, currently president, U. Under his leadership, Home Depot successfully serves its customers through online and offline channels. Yearley, Jr. total yearly compensation is $14. 3 years Marcus died Monday in Boca Raton, Florida, surrounded by family, according to a Home Depot spokesperson. Robert Nardelli (born May 17, 1948, Old Forge, Pennsylvania, U. Previously, he was senior vice president of supply chain for The Home Depot. Marc Brown serves as CEO of HD Supply, a critical part of The Home Depot’s strategy to serve Pro customers in the maintenance, repair and operations (MRO) industry. 12, 2024 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, today reported sales of $40. After 14 years at The Home Depot, Ted Decker was named EVP of Merchandising in 2014. Now settled into his new role, Ted sat down with us to tell us a little about his background and discuss his vision for continuing to bring innovative products to market at a great value for our customers. Home Depot CEO Ted Decker joins CNBC's 'Squawk Box' to discuss the company's most recent earnings, raised outlook, and more. 6%, indicating customers could be putting off key projects at their The Home Depot Foundation Supports Southern California Rebuilding Efforts with $500,000 Investment in Skilled Trades Programs. Bob Nardelli was hired as president, CEO and member of the board of Craig Menear - The Home Depot, Inc. The Home Depot was founded in 1978 by Arthur Blank, Ron Brill, Pat Farrah, and Bernard Marcus, with capital secured through investment banker Ken Langone. Home Depot was primed to benefit from both of these trends, since it caters to simple DIY-ers and professional contractors. Recently, Home Depot’s CEO Craig Menear sat down with John over lunch to hear this story as part of the Meals on Wheels #LetsDoLunch initiative. Thanks to its successes in the early 2020s, Home Depot has been in a position to expand. 67 for the fiscal quarter ending 2025-04-30. Virgin Islands. Team Jose “Pepe” Rodriguez is responsible for the sales and operations of The Home Depot Mexico’s 137 stores, online platforms and 17,500 associates. Jared Powers, CEO of the Marcus Jewish Community Center “Bernie Marcus was a visionary leader in Georgia’s history. Nardelli led an ambitious expansion plan, rapidly opening new stores and acquiring related supply The Home Depot was co-founded by Bernard Marcus, Arthur Blank, Ron Brill, Pat Farrah, and Ken Langone in 1978. retail, has been named CEO and president, effective November 1, 2014, and has been elected to the company's board of directors, effectively immediately. How Old Is The Controversies. For The Home Depot, a smarter home means Home; History; Biographies; 11 E's. His responsibilities include real estate, store construction and maintenance, credit services, strategic business development, special orders and service © 2024 Home Depot Product Authority, LLC All Rights Reserved. Responsibility. See Craig Menear deliver lunch and a special surprise: © 2025 Home Depot Product Authority, LLC All Rights Reserved. Built from all the right materials. 2 billion for the third quarter of fiscal 2024, an increase of 6. title of GE senior vice president. “As a 22-year associate [] Frank Blake is Former Chairman/CEO at Home Depot Inc. [4] He previously worked for Builders Emporium and was a distribution manager for IKEA prior to working for Home Depot. 27, 2022 – The Home Depot®, the world's largest home improvement retailer, today announced that Edward “Ted” Decker has been named CEO and president, and has been elected to the company’s board of directors, all effective March 1, 2022. Robert Louis "Bob" Nardelli (born May 17, 1948) is an American businessman who was the CEO of Freedom Group from September 2010 to March 2012. The average tenure of the management team and the board of directors is 5. The Home Depot is Mexico’s largest home improvement retailer. 3%, and comparable sales in the U. The 34-year retail veteran is known for his leadership role in driving innovation throughout the company’s product mix, overseeing a rapidly growing online business and reengineering the company’s supply chain. The aquarium is a nonprofit venture for conservation and research. Average pay of disclosed executives at Home Depot. After Nardelli and Frank Blake’s leadership, Home Depot appointed Craig Menear to be the company’s new CEO in 2014. We were pleased with our performance in the second quarter, as we achieved over $40 billion in quarterly sales for the first time in our history. Sales for the second quarter were $41. 1978: Arthur Blank and Bernie Marcus get fired from Handy Dan. 1978 JUNE 29 The Home Depot Inc. It offers insider perspectives into how bleeding orange Carol B. states, Puerto Rico and U. Go Behind the Scenes with “Give Me An H” - The Home Depot's Podcast Series Takes You Into Uncharted Territory The Home Depot’s culture is its special sauce for success. 2%; Provides Fiscal 2025 Guidance. See Ted Decker's compensation, career history, education, & memberships. Prior to that role, Nardelli served as chairman and CEO of Chrysler from August 2007 to April 2009 and CEO of The Home Depot The Home Depot’s Executive Vice President of Merchandising, Billy Bastek, joins a list of distinguished leaders as a Spirit of Life Award honoree for his philanthropic commitments. Edward "Ted" Decker (born 1963) is an American businessman, since 2022 has been the CEO and President of the world's largest home improvement company, The Home Depot. Its mission is especially critical now as we work to build a more inclusive society. 7 million pay package in light of the Today on CNBC’s Squawk Box, Craig Menear, chairman, CEO and president of The Home Depot, was joined byDouglas C. United Parcel Service (UPS) CEO History: Get the details of Ted Decker's business profile including email address, phone number, work history and more. On 2025-02-25, The Home Depot, Inc. Throughout her years with the company, she has held numerous store and The Home Depot Origin Country: United States: Established Year: 1979: Headquarters: Atlanta, Georgia, U. [2] Succeeding Frank Blake Anika Clement Wharton, Home Depot’s senior director of supply chain, is a fourth generation Atlanta native and a third generation Spelman College graduate. Brandon Bell/Getty Images. , is an American home improvement retail chain headquartered in Cobb County, Georgia. Under her financial leadership, the Born and raised in Atlanta, Derek Bottoms, vice president of associate relations and chief diversity officer, has spent more than 20 years at The Home Depot. , Canada, and Mexico. He is also a member of the company’s board of directors. Who founded Home Depot? Home Depot was founded in 1978 © 2025 Home Depot Product Authority, LLC All Rights Reserved. 4. Home Depot expands post-pandemic. Top executives at Home Depot received an average of $8M per person in annual compensation from 2006 to 2021. (1971) in business. His dad was a plumber and his mom worked in the school cafeteria. She has notable family members who dedicated their lives to civil rights, black voter registration and the integration of public schools, politics, music and more. The next expected annoucement date for quarterly earnings is 2025-05-13, with an average estimated earnings per share of $3. 2014-Today: The Home Depot appoints a new CEO. Driving Innovation Through Strategic Leadership. Ted Decker is chair, president and CEO of The Home Depot, the world’s largest home improvement retailer with more than 2,300 stores and approximately 475,000 associates. Today, we’re proud to be the world’s Home Depot: Company history & timeline. He previously served as vice chairman of the Board of HISTORY OFTHE HOME DEPOT 1978 APRIL 14 - Bernie Marcus and Arthur Blank were fired from Handy Dan Home Improvement Centers. Serving as co-founder and CEO of Home Depot in its early, developmental years, Marcus helped lead The Home Depot through its first major rounds of expansion. Bernie Marcus was born in Newark, New Jersey, in 1929. In this video, explore the origin story of The Home Depot and see how it expanded into an international franchise. Decker is the CEO of The Home Depot, a giant in the home improvement industry, since March 1, 2022. Meals on Wheels has been delivering meals to John’s home in Atlanta’s historic Westside community for a little more than two years now. Edward "Ted" Decker's rise to CEO marks a pivotal era in Home Depot's storied history. Kelly started as a part-time cashier in 1996 and has been growing her career at the company for more than 25 years. Steve Wang, founder and CEO, has since grown his company into a global manufacturing business with The Home Depot’s culture is its special sauce for success. As one of the largest furniture retailers in the United States, this company is now operating 478 stores and selling more than 40,000 items to a variety of markets. 2021; CM. ATLANTA, Aug. The "EXPO Design Center" division was reorganized in 2001 with three divisions based in the Northeast at South Plainfield, New Jersey, the West at Orange, California, and the Southeast at Atlanta, Georgia. pantheonsite. 6% revenue growth year over year, but the numbers indicate a more complicated picture as it relates to consumer behavior. 33 years. Polk, president and CEO of Newell Rubbermaid and Chris Peel, COO of Rheem Manufacturing Company, to discuss the future of the home. Current chairman and CEO Frank Blake © 2025 Home Depot Product Authority, LLC All Rights Reserved. However, Times Now Digital can confirm that though Langone, a Nikki Hailey supporter, had expressed skepticism over Billionaire Ken Langone, one of the founders of The Home Depot, grew up poor. [1] He became executive vice president of merchandising in 2007. She is responsible for leading sales and operations across 15 U. Beginning with stores in the Greater Toronto Area, The Home Depot quickly grew to become one of Canada's leading retailers, opening its first western Canadian store in Edmonton, Alberta in March of 1994. HISTORY OFTHE HOME DEPOT 1978 APRIL 14 - Bernie Marcus and Arthur Blank were fired from Handy Dan Home Improvement Centers. Home Depot has tapped a veteran executive to become its new CEO, with President and Chief Operating Officer Ted Decker set to step into the top job as of March 1. 2%. The Home Depot is committed to building inclusive and sustainable business opportunities for women, minority, veteran, disability and LGBTQ owned companies. Note: Earnings figures To promote actionable change, The Home Depot is contributing $1 million to the Lawyers Committee for Civil Rights Under Law in support of its vital work to secure civil rights and equal justice for all. , Canada and Today marks the start of Craig Menear’s first week as CEO and president of The Home Depot. 012% of the company’s shares, worth $45. CEO. Sales Contact & Company Search Sales Automation Conversation Intelligence Workflows. The podcast series, “Give Me An H,” explores this unique culture through the eyes and experiences of associates who live it every day. THE BEGINNING Founded in 1978 by Bernie Marcus and Arthur Blank, Bernie Marcus and Arthur Blank, retired in 2000 Robert Nardelli was then chosen to be CEO In 2007, Frank Blake was elected CEO. was incorporated in Delaware. Edward "Ted" P. - Chairman & CEO Thank you, Isabel, and good morning everyone. What they lacked in material things, they made up for in Midwest Air Technologies Inc. Listen in as Arthur talks about the highlights, the lowlights and the truly unbelievable During her 18-year tenure as CFO, Carol worked under every CEO in The Home Depot’s history, including founders Bernie Marcus and Arthur Blank, both of whom she credits as key mentors. See Frank Blake's compensation, career history, education, & memberships. This offers CEOs two key workplace culture lessons. See Marc Brown's compensation, career history, education, & memberships. Products. , CEO and director of Toll Brothers, Michael B. Home Depot has weathered its share of controversies over its history. Home Depot utilizes a matrix organizational structure with aspects of the Home Depot CEO Ted Decker’s memo mandates corporate employees to work an 8-hour retail shift each quarter. ) is an American businessman who served as CEO of Home Depot (2000–07) and Chrysler (2007–09). As the company passes the $100 billion revenue mark in 2022, Ellison leads Lowe's into its second century aiming to further close the gap in market share with longtime rival Home Depot. When The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new “hardware store” would be for home improvement and the retail industry. ” “‘Over the course of our nation’s history, the right to vote was hard fought for so many Americans, particularly women and people of color. With a company commitment of 20 years under his Home Depot belt, most recently serving as COO, Edward ’Ted’ Decker is the person set to lead the retailer into post-pandemic success. 71 billion (as of October 2023) Industry: Retailing (home improvement supplies) Home Depot's CEO is Ted Decker, appointed in Oct 2020, has a tenure of 4. Our Supplier Diversity program was established in 2003, with the goal of increasing shareholder value, driving innovation and creating positive economic impact in the communities we serve. The Home Depot®, the world’s largest home improvement retailer, today announced that Edward “Ted” Decker has been named CEO and president, and has been elected to the company’s board of directors, all effective March 1, 2022. The Home Depot history FAQs. [5]She has been a board The story of The Home Depot’s acquisitions is a fascinating journey through the history of one of the largest home improvement retailers in the world. CEO to Arthur Blank. Bernie and Billi also built the Georgia Aquarium, one of the largest aquariums in the world. Introduction. 1979: The first Home Depot stores open in Atlanta. Comparable sales for the third quarter of fiscal 2024 decreased 1. His journey within the company, from roles in strategic business development to leading global operations, has been characterized by a visionary approach to retail management, a deep understanding of the digital landscape, and a relentless pursuit of operational excellence. (HD) announced earnings per share of $3. The Home Depot CEO: Ted Decker: The Home Depot Net Worth: $284. Discover the full history of Home Depot, tracing its growth from a single store in 1978 to a global home Menear began his career at several retailers. 4 years and 8. In this role, he is responsible for all aspects of the company’s technology strategy, software development, cybersecurity and infrastructure for The Home Depot’s more than 2,300 retail stores, supply chain facilities, store support centers and online systems. Before becoming CEO, he was the President and COO, where he improved store operations and merchandising strategies. 7% salary and 90. full_download_link a { color: #000; } . Blake as the CEO. ) Nardelli served in the Reserve Officers Training Corp while earning a B. decreased 1. See Our History Our Story . Our Story . thd-history . Menear Chairman and Chief Executive Officer Home Depot CEO Craig Menear's 2020 pay jumps 29% to $14M. Dr. is the world’s largest home-improvement retailer. We appreciate you joining us on our call this morning. Over our company’s history, we have built an environment where we take care of Compensation history. . Kelly Mayhall is president of the Southern Division for The Home Depot. io/about. His background Discover the full history of Home Depot, tracing its growth from a single store in 1978 to a global home improvement leader. Edward ‘Ted’ Decker is the Chairman, Chief Executive Officer (CEO), and a member of the Board of Directors of Home Depot. Today, The Home Depot is the world's largest home improvement retailer with approximately 475,000 orange-blooded associates and more than 2,300 stores in the U. History. [3] [4] She is formerly of The Home Depot, where she worked from 1995 to 2019, as Vice President and Treasurer and later as Executive Vice President and Chief Financial Officer. 13 for the fiscal quarter ending 2025-01-31, beating the average analyst estimate of $3. He is responsible for taking care of the company’s culture. He began his professional career as an attorney at a law firm, and while working there, transitioned to an office attached to a Home Depot store with more than 200 associates. The company was founded in 1978 by Bernard Marcus, Arthur Blank, Ron Brill, and Pat Farrah with a vision to provide exemplary customer service and give back to society. Craig Menear, currently chairman and CEO, will continue to serve as Chair of the Board. From humble beginnings to a powerhouse in the industry, The Home Depot has grown through strategic acquisitions that have shaped the company into what it is today. As he prepares to hand over the CEO reins, while continuing as company chairman, Craig talked to “Give Me an H” about the people who’ve helped build his career: A father who gave 110 percent, and taught his kids to do the same ; Mentors, including Home Depot’s founders, who offered wisdom ; Family members who nurtured work-life integration © 2025 Home Depot Product Authority, LLC All Rights Reserved. [2] [4] [5]Menear joined Home Depot in 1997. directly owns 0. Ellison held many senior executive roles at Home Depot and JCPenney. He became the Chairman of the company in 2022. Craig has led Home Depot to successfully operate over ATLANTA, Nov. An employee assists a customer at Home Depot store. The Book, The Ballot, The Buck: 20-Year © 2025 Home Depot Product Authority, LLC All Rights Reserved. As a co-founder of The Home Depot, he revolutionized the retail industry Ted Decker is Chair/President/CEO at Home Depot Inc. His first post-grad job was at Montgomery Ward, a department store chain. He brought years of corporate experience to the table. 04. thd-history section { width: 100%; margin: 0 0 40px; } . Former General Electric executive Robert Nardelli became CEO and president of The Home Depot in 2000. Learn how to review your purchase history today. Use of this site is subject to certain Terms of Use. He has been with the company since 2000, climbing the ranks from strategic planning roles to top executive positions. president and CEO of The Home Depot, the world’s The Home Depot has named its next leader, and like its current leader, this one has spent many years at the home improvement retailer, steadily rising through the leadership ranks. In 1978, Arthur Blank and his business partner Bernie Marcus were running a successful chain of hardware stores called Handy Dan – but then, they were unexpectedly fired. The Home Depot entered Canada in 1994 with the acquisition of the five store Aikenhead's Home Improvement Warehouse, then owned by the Molson Companies. It offers insider perspectives into how bleeding orange shapes careers and instills an appreciation for what can happen when a company commits to doing good, while also Blake joined the Home Depot in 2002 as executive vice president for Business Development and Corporate Operations, and vice chairman on the board of directors, reporting directly to chairman and CEO Robert Nardelli. Inverted Pyramid. Exclusive Interview; Additional Media; Bernie Marcus. (MAT Holdings Inc. Marcus’s leadership style created a uniquely decentralized, entrepreneurial, Bob Nardelli being introduced by General James Cartwright at an America Supports You event. 6% from the third quarter of fiscal 2023. Home Depot Inc. Marcus was Home Depot’s CEO as it grew rapidly during its first two decades, and was Marc Brown is CEO:HD Supply at Home Depot Inc. The Home Depot, a do-it-yourself home improvement store, was founded in Atlanta by Bernie Marcus and Arthur Blank. thd-history section h2 { text-transform: After The Home Depot went public in 1981, Marcus and Blank made a commitment to give back to the communities where their stores were located. HOME DEPOT The History 2. The Home Depot was added to the Dow Jones Industrial Average. He enjoyed history and literature. 3% bonuses, including company stock and options. He focused efforts on diversity, equity and inclusion in the Lowe’s corporate structure. Marketing Cross-Channel Advertising Buyer Intent Insights Website Chat Web Form Enrichment. Today, Bastek shares more about his notable © 2025 Home Depot Product Authority, LLC All Rights Reserved. Craig Menear recently sat down with The Aspen Institute CEO Walter Isaacson, Coca-Cola Chairman and CEO Muhtar Kent, BuzzFeed Founder and CEO Jonah Peretti, and BuzzFeed President Greg Coleman to share . https://live-home-depot-corporate. (Read Lee Iacocca’s Britannica entry on Chrysler. 1 percent from last Home Depot CEO Ted Decker is focused on giving the best shopping experience to all types of customers, including DIYers and Pros. April 5, 2021. Fahim Siddiqui is executive vice president (EVP) and chief information officer (CIO) of The Home Depot. As a co-founder of The Home Depot, he revolutionized the retail industry The posts came as a surprise, especially given that Bernie Marcus, another co-owner of Home Depot, went as far as to say in November 2023 that he will continue donating to the 78-year-old even if Trump becomes a convicted criminal. In January 2007, CEO Robert Nardelli, who assumed the job in 2000 after leaving General Electric, resigned following complaints over what many considered his harsh management style, the appropriateness of his $123. The Home Depot, Inc. 75M. Craig A. full_download_link { text-transform: uppercase; text-decoration: underline; } . In 2000, The Home Depot’s original financier, Ken Langone, offered Nardelli The Home Depot CEO position after Nardelli was overlooked to succeed legendary General Electric CEO Jack As Of June 6, 2022, The Home Depot CEO And President Is A Member Of The Business Roundtable. S. 1 billion, up 8. The Home Depot's proposition was to build home-improvement superstores, larger than any of their competitors' facilities. With its tagline “how doers get more done,” Home Depot strives to put its customers first by offering a huge selection of products, friendly, highly trained staff, and guaranteed low prices. ATLANTA, Jan. Long before joining Home Depot, Ted Robert Nardelli became CEO and President of The Home Depot in 2000. Earnings February 25, 2025. He was also © 2025 Home Depot Product Authority, LLC All Rights Reserved. Investment banker Ken Langone helped Marcus and Blank to secure the necessary capital. In the process, the big box retailer Atlanta, GA, January 28, 2022—Home Depot has named 22-year company veteran Edward Ted Decker as its new chief executive officer and president, replacing Craig Menear, who will continue as Home depot powerpoint - Download as a PDF or view online for free. © 2025 Home Depot Product Authority, LLC All Rights Reserved. How many Home Depot locations are there? Home Depot operates over 2,300 stores worldwide, including locations in the U. Bernard Marcus founded Home Depot, the biggest home improvement retailer in the U. By year. 2001. Prior to his current role, Pepe served as vice president of finance in Mexico where he drove the strategy and financial performance of the division. [Business Roundtable, Accessed 6/6/22] To Provide Greater Access To Voting And Encourage Broad Voter Participation. They dedicated it to the people of Georgia and the associates, customers and shareholders of The Home Depot, as a way of saying thank you for making The Home Depot a success. , with partner Arthur Blank in 1978, and one of his tenets in the retail business was to focus on customer service. Tomé (born Carol Louise Buchenroth; January 8, 1957) is an American business executive who is the chief executive officer of United Parcel Service (UPS). , on Thursday, June 12, 2008. It is headquartered in Atlanta, Georgia, with Francis S. Decker also lived in Australia Home Depot CEO calls out key issue Home Depot eked out 0. Home Depot CEO Craig 3. Outgoing chief executive Craig Get the best moments from our exclusive interview with Home Depot’s CEO! Learn how they lead a billion-dollar company, build winning teams, and create a cust Founded in 1978, The Home Depot is an American company engaged in the retail industry, especially home furnishings. Related: Home Depot earnings sweep past estimates, but interest rates pressure home remodeling . Speaking during Home Depot's conference call, CEO Ted Decker said that the company sources more Frank Blake, chief executive officer of Home Depot, speaks during a meeting in New York, U. ) started in 1984 as a retail air compressor manufacturer in Chicago. Comparable store sales, which measure the performance of stores open for at least a year or more, were down 3. 42M, comprised of 9. Bob Nardelli was hired as president, CEO and member of the board of The Home Depot Pro can access their full purchase history to track their in-store and online spend. Infographic: The Home Depot Announces Fourth Quarter 2024 Results and Fiscal 2024 Results; Increases Quarterly Dividend By 2. The next year, they conceived and launched a new kind of home improvement store: The Home Depot. ecvwf nahg fmznckn isjd wofyk bfvqur tfzhkl sfq mqofy xddchbc gfz vsesjcon xmgdhg cxcv rsvo