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Marcus was the CEO of Home Depot until 1997 and served as its chairman until he retired in 2002. Bank retired from Home Depot in 2001 after serving as president, CEO and co-chairman.
In April 1978, he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. [11] [12] 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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 4 January 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. An aerial view of 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 ...
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 two professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL) and Atlanta United FC of Major League Soccer (MLS), the latter of which won the 2018 MLS Cup [3 ...
The $1.4 million scheme Dell and his accomplices carried out is only a drop in the bucket. Retailers suffered more than $112 billion in losses due to shrink last year alone, according to the ...
After more than five hours of deliberations, a Florida judge declared a mistrial because of problems with a juror who was reportedly working on crossword puzzles during the murder trial.
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 ...