Craig Menear (born ) is an American business executive. He serves as the chairman and is the former

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...

The Home Depot The Home Depot, Inc., is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement re ...

Early life

Menear was born in Flint, Michigan. His father worked as a tool and die maker for General Motors. Menear was educated at the

Flint Central High School Flint Central High School was one of the Flint Community Schools, located in Flint, Michigan, USA. Flint Central was the city's oldest school. Its first building was built in 1875, and the school moved into the present building in 1923. It was ca ...

, graduating in 1975. He graduated from Michigan State University's Eli Broad College of Business in 1979.

Career

Menear began his career at several retailers. His first post-grad job was at

Montgomery Ward Montgomery Ward is the name of two successive U.S. retail corporations. The original Montgomery Ward & Co. was a world-pioneering mail-order business and later also a leading department store chain that operated between 1872 and 2001. The curren ...

, a department store chain. He previously worked for Builders Emporium and was a distribution manager for IKEA prior to working for Home Depot. Menear joined Home Depot in 1997. He became executive vice president of merchandising in 2007. Succeeding

Frank Blake Francis Stanton Blake (born July 30, 1949) is an American businessman and lawyer, who was the chairman and CEO of The Home Depot from January 2007 to May 2014. Prior to this he worked for the U.S. Department of Energy and General Electric. He ...

in these roles, Menear has served as its chief executive officer since November 2014, and as its chairman since February 2015. He was given $11.5 million in 2016. In January 2022, The Home Depot announced he would be stepping down as the CEO and President effective March 1, 2022 while continuing to serve as the chairman of the board. He is replaced by former executive vice president

Ted Decker Edward Decker (born 1963) is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. He was scheduled to become the chairman of the company in October 2022. Early life Ed ...

Civic activities

Menear is a donor to his alma mater, Michigan State University. He has also supported initiatives through Home Depot, including the Home Depot Political Action Committee and a disaster relief fund.

References

Living people People from Flint, Michigan Michigan State University alumni American chairpersons of corporations American chief executives The Home Depot people Year of birth missing (living people) Flint Central High School alumni {{US-business-bio-1950s-stub