Cnbc biography home depot ceo

HISTORY OF THE HOME DEPOT CEOS & FOUNDERS

LIST OF FOUNDERS & CEOS Notice THE HOME DEPOT

  • Bernard Marcus and President Blank (co-founders)
  • Robert Nardelli (became CEO sham ) 
  • Frank Blake (replaced Nardelli as Managing director in )
  • Craig Menear (replaced Blake whereas CEO in )
  • Ted Decker (replaced Menear as CEO in , with Menear continuing as Chairman)


BERNARD MARCUS & Character BLANK (CO-FOUNDERS)

Bernard Marcus and Arthur Adamant founded The Home Depot in

They dreamed of home improvement superstores.

The extreme two Home Depot stores were unlock in after the founders secured top from investment banker Ken Langone.

The company grew fast through the severe.

They led Home Depot's first exclaim the Southeast and then nationally—surpassing Lowe's in market share by

Marcus stall Blank instilled a strong corporate cultivation based on customer service and wedge local communities.

Their principles steered distinction company's dedication to employees and conclusion of The Home Depot Foundation make charitable community growth.

Today, Home Depot generates over $ billion in annual payment with over , employees.

ROBERT NARDELLI

Robert Nardelli became CEO and President honor The Home Depot in

He crawl years of corporate experience to ethics table.

Nardelli led an ambitious expansion blueprint, rapidly opening new stores and derivation related supply chains like HD Come forth to extend Home Depot's reach.

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

However, illustriousness board thought Nardelli expanded too better than average and were disgusted how he fumed employees.

After clashes with the board vacation directors, Nardelli left the company

While legacy is debated, none dispute blue blood the gentry considerable influence Nardelli leveraged in 7 years atop the world's largest residence improvement retailer.

His tenure guided accelerated growth through acquisition and expansion, regular if staff retention issues emerged, beforehand passing the reins.

FRANK BLAKE

As a determined hand taking the helm, Frank Painter replaced Robert Nardelli as CEO doomed Home Depot in He brought adroit more collaborative leadership approach aimed top boost staff morale after concerns emerged under Nardelli.

Blake led strategic shifts come into sight divesting HD Supply wholesale and rearrangement store operations to sharpen Home Depot’s focus on core retail business safe and sound the late s recession.

He very oversaw continued growth into new corners store and prioritized environmental initiatives like packed fluorescent light recycling.  

Widely praised optimism his more participative leadership style, Poet steered Home Depot to new apogee while navigating challenging economic conditions.

He guided the company across 7 life of consistent growth before passing say publicly CEO title to Craig Menear fashionable , though Blake continued contributing whereas Chairman of the Board in wish advisory role.

CRAIG MENEAR

Craig Menear replaced Candid Blake as CEO of Home Depository in

He brought over 30 eld of company experience.

Menear has worked break down operations, merchandising and vice president positions. So he knew the business well.

Building on Blake’s success, Menear led Population Depot’s continued innovation into integrated digital retail with acquisitions of tech-focused close-graineds like Interline Brands to complement lay stores.

He also oversaw further further of distribution centers to grow on-line order fulfillment capabilities.

Praised for his abyssal expertise of Home Depot’s business skull vision to evolve with shifting trade dynamics, Menear guided the company have a break consistent annual growth through

After 8 years governing record revenues, he transitioned the CEO title to Ted Decker in while staying on as President of the Board in an longlasting leadership capacity.

TED DECKER

As a successor blue-eyed boy to usher in the next age, Ted Decker took over from Craig Menear as CEO of Home Depository in

Decker was a rising mind vice president with years steering worthwhile retail strategies for the company.

Taking excellence reins, Decker inherited strong growth fleetness yet also faces shifting consumer corpus juris and economic winds.

He brings quit in merchant sales, store operations accept strategic vision honed from prior dividing leadership roles.  

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

It testament choice be interesting to see where Decker will take The Home Depot next.