Have you ever looked at a company or brand and wondered who runs the show? Who makes the tough business decisions to keep the company prosperous and overwhelmingly popular throughout the course of its history, and in this tough society? There are many companies that often make us ponder, one of which being The Home Depot, and its successful CEO, Craig Menear. 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). In this article, we are going to reveal to you ten things that you may not have known about Menear, and his time on top in The Home Depot company. Let’s get started.
1. Long Stance With The Company
Menear actually began his career with The Home Depot in 1997, and worked his way from the bottom to the top. 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. He has also served as a Chairman for the company since 2015.
2. Has Been Known As The ‘Darling Of Wall Street’
Throughout the most recent years, it has shown greatly that The Home Depot has some of the best records when it comes to the stock market, and it is all thanks to the leadership of Mr. Craig Menear. 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.
3. Thinking About The Customers
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. 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.
4. Family Business
You could say that Menear has had a love for home improvement instilled in his blood from a young age. 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.
5. Family Life
Craig Menear resides near The Home Depot headquarters, which are located in Atlanta, Georgia. He lives with his wife, and the couple also has two daughters.
6. Alma Mater
Menear graduated from Michigan State University College of Business with a bachelor’s degree back in 1979. Since then, he has become a regular donor to his alma mater throughout the years.
7. Has Worked For More Than Just The Home Depot
Contrary to popular belief, Craig Menear has worked with various other retailers within the same genre of industry throughout his career. Before making his way to The Home Depot, he worked for other independent construction retailers, and other companies (such as Ikea), where he learned the ropes in terms of online sales, marketing, and other business assets.
8. Looking At A Millionaire
It should be no surprise that Craig Menear has had the success to become a millionaire during his career. In fact, the CEO is considered a multi-millionaire, making roughly around $11 million annually (with increases each year).
9. Has Been Ranked In The Top 30 CEO
That’s right. 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.
10. Michigan Native
Menear was born and raised in Flint, Michigan to his family back in 1958. He attended the local high school in his area before expanding his horizons after college, and learning the ropes of his now popular industry.
Of course, it’s not easy working as the CEO and President of a company, but Craig Menear has surely proven himself in his role these past three years. The Home Depot is doing better than ever in the tool and home improvement industry, and continues to make strides in the ever changing society in which we live. It seems that there really is no stopping Craig Menear, and his attempts to make the company all about the customer. You can find out more information about Menear and the work he has put into The Home Depot online.