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In 1974, Langone formed the venture capital firm Invemed. Langone organized financing for Bernard Marcus and Arthur Blank to found Home Depot. Now an international chain with over 450,000 employees, it is Langone's most notable business venture. [5] Langone was a member of the board of directors of General Electric from 1999 to 2005.
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 February 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. A Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6, 1978 ; 47 years ...
Arthur Morris Blank (born September 27, 1942) is an American businessman.He is best known for being a co-founder of the home improvement retailer The Home Depot. [2]Blank owns three professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL), the Atlanta Drive of the TGL, and Atlanta United FC of Major League Soccer (MLS), the latter of ...
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In April 1978, he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. [12] [13] In 1978, they co-founded the home-improvement retailer Home Depot, with the help of merchandising expert Pat Farrah and New York investment banker Ken Langone who assembled a group of investors. The first two ...
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Under Nardelli's tenure, Home Depot's stock performance lagged behind rival Lowe's, however this situation has been reversed under Blake. [6] 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 ...