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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 ...
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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 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 ...
See the 10 stocks » If you snagged just one share during its initial public offering (IPO), you'd now own hundreds, thanks to stock splits. Our analyst team just revealed what they believe are ...
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) just released its stock purchases and sales for the third quarter, and Buffett's conglomerate did little buying in the quarter. One ...
Source: Home Depot. If you owned one share of Home Depot at the time of its IPO, you would now have 341 shares of the home improvement retailer after the 13 stock splits.During that time, the ...
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.
Marcus and Blank looked into buying Homeco, but the business had financing issues. When Homeco went out of business, they hired Farrah to help them launch Home Depot. He was offered a position as chief merchandising officer. [3] In the early 1990s, Farrah left Home Depot to pursue his own interests. He rejoined in 1996 and retired in the early ...