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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. Civic activities. Menear is a donor to his alma mater, Michigan State University.
On August 21, 2014, The Home Depot announced that Craig Menear, President of U.S. Retail for The Home Depot, would take over as president and CEO on November 1, 2014. Menear has also been elected to the Board of Directors, effective immediately. Blake remained chairman until his retirement on February 2, 2015, with Menear taking the role.
In August 2022, the board of Home Depot announced that it had elected Decker to assume the position of chairman on October 1 that year, replacing the retiring Craig Menear, who Decker had previously replaced as CEO and company president. Personal life. Decker and his wife Cathy (née Creekmore) have two adult daughters.
People on social media are calling for a boycott of Home Depot after its co-founder pledged his support for President Trump in the upcoming 2020 election.
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In January 2022, The Home Depot announced Craig Menear would be stepping down as the CEO and president effective March 1, 2022, while continuing to serve as the chairman of the board. He was replaced by former executive vice president Ted Decker. In February 2023, Home Depot announced that it would spend $1 billion to raise hourly employee wages.
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