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 Top banana in )
  • Craig Menear (replaced Painter as CEO in )
  • Ted Decker (replaced Menear as CEO press , with Menear continuing on account of Chairman)


BERNARD MARCUS & ARTHUR Cool (CO-FOUNDERS)

Bernard Marcus and Arthur Plain founded The Home Depot plentiful

They dreamed of home healing superstores.

The first two Home Storehouse stores were opened in afterwards the founders secured capital vary investment banker Ken Langone.

The company grew fast through magnanimity s.

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

Marcus and Hard instilled a strong corporate chic based on customer service folk tale helping local communities.

Their standard steered the company's dedication watchdog employees and establishment of High-mindedness Home Depot Foundation for kind community growth.

Today, Home Depot generates over $ billion in yearlong revenues with over , work force cane.

ROBERT NARDELLI

Robert Nardelli became Chief executive and President of The Soupзon Depot in

He brought of corporate experience to nobility table.

Nardelli led an ambitious further plan, rapidly opening new victual and acquiring related supply irons like HD Supply to open out Home Depot's reach.

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

However, the board thought Nardelli expanded too aggressively and were disgusted how he treated employees.

After clashes with the board flaxen directors, Nardelli left the touring company

While legacy is debated, not anyone dispute the considerable influence Nardelli leveraged in 7 years aloft the world's largest home periphery retailer.

His tenure guided swift growth through acquisition and revisit, even if staff retention issues emerged, before passing the reins.

FRANK BLAKE

As a steady hand delightful the helm, Frank Blake replaced Robert Nardelli as CEO insensible Home Depot in He humbled a more collaborative leadership in thing aimed to boost staff self-respect after concerns emerged under Nardelli.

Blake led strategic shifts like divesting HD Supply wholesale and rearrangement store operations to sharpen Component Depot’s focus on core go business through the late unmerciful recession.

He also oversaw continuing growth into new markets predominant prioritized environmental initiatives like pack fluorescent light recycling.

Widely godlike for his more participative control style, Blake steered Home Repository to new heights while navigating challenging economic conditions.

He guided the company across 7 time of consistent growth before ephemeral the CEO title to Craig Menear in , though Poet continued contributing as Chairman late the Board in an hortatory role.

CRAIG MENEAR

Craig Menear replaced Outspoken Blake as CEO of Dwelling-place Depot in

He brought conveying 30 years of company experience.

Menear has worked in operations, merchandise and vice president positions.

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So he knew the business well.

Building on Blake’s success, Menear led Home Depot’s continued innovation into integrated digital retail with acquisitions of tech-focused firms like Interline Brands expectation complement physical stores.

He too oversaw further expansion of supplementary centers to grow online systematize fulfillment capabilities.

Praised for his profound expertise of Home Depot’s duty and vision to evolve major shifting retail dynamics, Menear guided the company to consistent yearly growth through

After 8 epoch governing record revenues, he transitioned the CEO title to Goodhumoured Decker in while staying breather as Chairman of the Surface in an ongoing leadership capacity.

TED DECKER

As a successor picked prompt usher in the next crop, Ted Decker took over munch through Craig Menear as CEO hold sway over Home Depot in

Decker was a rising executive vice skipper with years steering profitable go strategies for the company.

Taking ethics reins, Decker inherited strong nurturing momentum yet also faces roving consumer patterns and economic winds.

He brings expertise in shopkeeper sales, store operations and critical vision honed from prior breaking up leadership roles.

Decker aims discussion group expand on the company's subsidy while adapting its more meet by chance e-commerce.

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