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(Bloomberg)   Home Depot's new president is being groomed as CEO. It's nice to see that there is still a chance to make it to the top from being just below the top   (bloomberg.com) divider line 9
    More: Obvious, Home Depot, CEO, Craig Menear, Chief Executive Officer Frank Blake  
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337 clicks; posted to Business » on 03 Mar 2014 at 10:47 AM (47 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments   (+0 »)
   
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2014-03-03 10:32:26 AM  
You mean the bottom:

www.mmac.org
 
2014-03-03 11:14:22 AM  

jaylectricity: You mean the bottom:

[www.mmac.org image 850x656]


Holy shiat, does that mean that in Home Depot's corporate lingo, the kid who tells me where the duct tape is is a "champion"?

Kind of watering that word down there, Sparky.
 
2014-03-03 11:50:17 AM  
Wow, subs, you're right. Why don't more companies promote CEOs from the recently hired staff in the mailroom? This is bullshiat.
 
2014-03-03 02:24:13 PM  
I'm sure his first job ever was President of the company. No way he had to work his way up to that position. Because if someone is more successful than me it can only be because they got lucky, had connections, or inherited their success. They can't possibly have worked hard, only WalMart workers and fast food drones work hard at pushing buttons on a digital cash register.
 
2014-03-03 02:34:54 PM  
You can't get ahead in America.  You simply cannot, and you know this.
 
2014-03-03 03:37:39 PM  

Kevin Lomax: I'm sure his first job ever was President of the company. No way he had to work his way up to that position. Because if someone is more successful than me it can only be because they got lucky, had connections, or inherited their success. They can't possibly have worked hard, only WalMart workers and fast food drones work hard at pushing buttons on a digital cash register.



Craig Menear - Source:  Home Depot's Corporate Website

Craig Menear
Executive Vice President, Merchandising
Craig Menear is the executive vice president of merchandising for The Home Depot.  In addition to being responsible for all merchandising departments, services and strategy, Craig oversees the supply chain network, global sourcing and vendor management. He also is responsible for the Company's marketing and online business activities.

Previously, Craig held several positions of increasing responsibility at the Company, including senior vice president merchandising of hardlines, merchandising vice president of hardware, merchandising vice president of the Southwest Division and divisional merchandise manager of the Southwest Division. 

Craig has more than three decades of experience in the retail and hardware home improvement industry. Prior to joining The Home Depot in 1997, Craig held various merchandising positions within the retail industry with companies such as IKEA, Builders Emporium, Grace Home Centers and Montgomery Ward, as well as operating an independent retail business.

Craig serves as the chairman of the Home Depot Foundation's board of directors.

Craig earned a bachelor of arts degree from Michigan State University's Eli Broad College of Business.



No, he didn't inherit his first corporate office... and I'm sure his first few years working at the corporate level met with some long nights and unpaid overtime. But he very clearly didn't get where he is by carrying bags of compost and manure to Home Depot customers' cars for minimum wage.

"Working hard" at places like Home Depot, Builders Emporium, and Monty Ward sure as hell doesn't pay the tuition or loans for earning a bachelor's degree. How many people working the sales floor and registers at those places will ever be able to step into a college classroom? Better question - how many retailers offer college scholarships to store employees so they may one day transition from store to corporate? The corporate offices of those retailers could care less whether anyone sitting in their cubicles or offices ever stepped foot into one of the stores. A vice president will listen to the opinion (and promote) a fresh out-of-college junior corporate manager before he ever listens to the opinion or offers a job to a store employee, even a store manager, who has been with "the company" for 20 years.

For the majority of corporate retailers - everyone in the stores, from the part-time high school kid to the manager, are nothing more than "the help." They are a cost that can be controlled, not potential future CEOs or board members.
 
2014-03-03 03:48:35 PM  
This sounds about right.  Several major retailers tell their employees that the management was "promoted from within" and "all worked on the floor at some point," which in reality means that they were required to spend a day on a cash register, a day shadowing the floor managers, etc., before being shipped up to the store office/regional office/corporate HQ, never to see the floor again.
 
2014-03-03 06:14:08 PM  
Does he have to put on a dress and sing "Bailout Queen?"

//should not be obscure.
 
2014-03-03 07:55:49 PM  
Is his name Peter Principle?

cps-static.rovicorp.com
 
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