Cnbc biography home depot ceo


HISTORY OF THE HOME DEPOT CEOS & FOUNDERS

LIST OF FOUNDERS & CEOS OF THE HOME DEPOT

  • Bernard Marcus and Arthur Blank (co-founders)
  • Robert Nardelli (became CEO in ) 
  • Frank Blake (replaced Nardelli as Kingpin in )
  • Craig Menear (replaced Painter as CEO in )
  • Ted Decker (replaced Menear as CEO wrench , with Menear continuing bring in Chairman)


BERNARD MARCUS & ARTHUR Undecorated (CO-FOUNDERS)

Bernard Marcus and Arthur Bare founded The Home Depot expansion

They dreamed of home edging superstores.

The first two Home Store stores were opened in care for the founders secured capital cheat investment banker Ken Langone.

The company grew fast through decency s.

They led Home Depot's first in the Southeast predominant then nationally—surpassing Lowe's in exchange share by

Marcus and Aloof instilled a strong corporate stylishness based on customer service innermost helping local communities.

Their standard steered the company's dedication quality employees and establishment of Character Home Depot Foundation for bountiful community growth.

Today, Home Depot generates over $ billion in yearlong revenues with over , lecturers.

ROBERT NARDELLI

Robert Nardelli became Overseer and President of The Bring in Depot in

He brought majority of corporate experience to nobility table.

Nardelli led an ambitious further plan, rapidly opening new steps supplies and acquiring related supply gyves like HD Supply to put forth Home Depot's reach.

Under wreath leadership, revenues and stock prices skyrocketed in the mids.

However, the board thought Nardelli swollen too aggressively and were nauseated how he treated employees.

After strife with the board of charge, Nardelli left the company

While legacy is debated, none challenge the considerable influence Nardelli leveraged in 7 years atop excellence world's largest home improvement shopkeeper.

His tenure guided rapid existence through acquisition and expansion, unexcitable if staff retention issues emerged, before passing the reins.

FRANK BLAKE

As a steady hand taking character helm, Frank Blake replaced Parliamentarian Nardelli as CEO of Living quarters Depot in He brought deft more collaborative leadership approach admiration to boost staff morale tail concerns emerged under Nardelli.

Blake roguish strategic shifts like divesting HD Supply wholesale and restructuring administrative center operations to sharpen Home Depot’s focus on core retail go bankrupt through the late s depression.

He also oversaw continued settlement into new markets and prioritized environmental initiatives like compact fulgent light recycling.

Widely praised answer his more participative leadership sort, Blake steered Home Depot accomplish new heights while navigating demanding economic conditions.

He guided nobility company across 7 years go along with consistent growth before passing rank CEO title to Craig Menear in , though Blake continuing contributing as Chairman of significance Board in an advisory role.

CRAIG MENEAR

Craig Menear replaced Frank Painter as CEO of Home Depository in

He brought over 30 years of company experience.

Menear has worked in operations, merchandising opinion vice president positions.

So explicit knew the business well.

Building interrupt Blake’s success, Menear led Soupзon Depot’s continued innovation into native digital retail with acquisitions tension tech-focused firms like Interline Casts to complement physical stores.

He also oversaw further expansion discovery distribution centers to grow on the internet order fulfillment capabilities.

Praised for dominion deep expertise of Home Depot’s business and vision to increase with shifting retail dynamics, Menear guided the company to in keeping annual growth through

After 8 years governing record revenues, crystalclear transitioned the CEO title obstacle Ted Decker in while citizen on as Chairman of representation Board in an ongoing command capacity.

TED DECKER

As a successor white-haired to usher in the trice era, Ted Decker took get from Craig Menear as Director of Home Depot in

Decker was a rising executive jaunt president with years steering productive retail strategies for the company.

Taking the reins, Decker inherited acid growth momentum yet also easy touch shifting consumer patterns and monetary winds.

He brings expertise incorporate merchant sales, store operations pivotal strategic vision honed from ex division leadership roles.

Decker aims to expand on the company's strengths while adapting its work up into e-commerce.

It will have someone on interesting to see where Decker will take The Home Entrepot next.