Craig A. Menear has been a key player at The Home Depot for over 20 years. He took over as CEO and President in 2014, after serving in significant roles like President of U.S. Retail. His leadership is marked by...

Craig A. Menear has been a key player at The Home Depot for over 20 years. He took over as CEO and President in 2014, after serving in significant roles like President of U.S. Retail. His leadership is marked by a strong focus on performance. In 2022, he earned a total of $4 million, aligning his pay with the company’s success metrics, such as sales growth. Interestingly, Menear didn't receive any stock options or grants in 2022. Instead, he focused on performance-based compensation, underscoring a commitment to driving results. His journey with Home Depot saw him holding various positions, starting from Vice President of Merchandising. He played a crucial role in shaping the company's merchandising strategies, leading to significant growth. By early 2024, his shares in Home Depot were worth over $75 million, showcasing his strong belief in the company’s future. He retired as Chair of the Board in September 2022, signaling a transition to new leadership, yet his impact on the company remains significant and lasting.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Home Depot CEOs

H

Craig A. Menear

Ex-CEO of Home Depot

Sector of Economy

Consumer Cyclical

CEO of Home Depot for

7 years 4 months (Nov 2014 - Mar 2022)

Previous Experience

Executive Vice President – Merchandising at Home Depot

Rivals

Competitors/colleagues of Craig A. Menear

T

Brian Cornell

CEO of Target

2023 Compensation

Stock

$13.57M

Salary

$1.40M

Bonus

$831.60K

Other

$469.04K

Total Holdings

$71.48M

W

C. Douglas McMillon

CEO of Walmart

2023 Compensation

Stock

$0.00

Salary

$1.47M

Bonus

$0.00

Other

$199.58K

Total Holdings

$433.19M

A

Andrew R. Jassy

CEO of Amazon

2023 Compensation

Stock

$27.83M

Salary

$365.00K

Bonus

$0.00

Other

$992.76K

Total Holdings

$19.04M

W

Robert A. Iger

CEO of Walt Disney

2020 Compensation

Stock

$0.00

Salary

$3.00M

Bonus

$0.00

Other

$1.78M

Total Holdings

$63.39M

L

Marvin R. Ellison

CEO of Lowe's Companies

2023 Compensation

Stock

$27.72M

Salary

$1.45M

Bonus

$0.00

Other

$101.42K

Total Holdings

$133.34M

C

W. Craig Jelinek

CEO of Costco Wholesale

2022 Compensation

Stock

$3.42M

Salary

$1.15M

Bonus

$362.50K

Other

$55.36K

Total Holdings

$318.26M

Holdings

See how much did Craig A. Menear make over time.

Craig A. Menear's investment in Home Depot reflects a significant financial commitment. As of early 2024, his holdings in the company were valued at over $75 million. This considerable figure indicates strong confidence in Home Depot’s growth trajectory. Over the...

Craig A. Menear's investment in Home Depot reflects a significant financial commitment. As of early 2024, his holdings in the company were valued at over $75 million. This considerable figure indicates strong confidence in Home Depot’s growth trajectory. Over the years, Menear has seen fluctuations in his stock holdings while adhering to a performance-based pay structure. His shares, which once surged in value during his tenure, now represent one of his largest personal financial stakes. This alignment between his holdings and the company’s market performance highlights a mutual interest in sustained success. Before stepping down as Chair of the Board in 2022, he amassed substantial wealth, primarily through direct investments into Home Depot stock, marking him as one of the major shareholders in the business. During his leadership, he was able to build a lasting legacy that will influence the company for years to come.

Mar 18, 2025

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shares

HD @ $349.57

Total Stock Sold

$191.98M

HD

$191.98M

1,161,385.509 HD shares

What if they kept their stock?

If Craig A. Menear didn't sell their stock, today they would have:
Extra HD1,161,385.509 shares worth $234.05M.
This is 21.92% and $42.08M more than what they got when they sold the stock.

Charitable Transactions

HD

97,127 shares

HD

Recent Charitable Transactions

HD

33,350 shares

HD

Nov 18, 2020

Charity

HD

10,553 shares

HD

Dec 13, 2019

Charity

HD

6,629 shares

HD

Nov 14, 2018

Charity

HD

11,000 shares

HD

Dec 21, 2016

Charity

HD

35,595 shares

HD

Dec 13, 2012

Charity

Insider Trading

See recent insider trades of Craig A. Menear.

HD

37,245 shares

HD

Feb 24, 2022

Received

HD

$22.28M

HD at $325.39/share

Aug 20, 2021

Sale

HD

7,480 shares

HD

Mar 24, 2021

Received

HD

20,727 shares

HD

Feb 25, 2021

Received

HD

24,100 shares

HD

Nov 18, 2020

Received

HD

33,350 shares

HD

Nov 18, 2020

Charity

HD

$26.10M

HD at $273.93/share

Nov 18, 2020

Sale

HD

12,048 shares

HD

Mar 25, 2020

Received

HD

37,695 shares

HD

Feb 27, 2020

Received

HD

10,553 shares

HD

Dec 13, 2019

Charity

Compensation History

See how much did Craig A. Menear make over time.

In 2022, Craig A. Menear’s total compensation was $4 million, which included a salary of $1.5 million and a performance bonus of $2 million. His compensation plan is heavily tied to the company’s performance, focusing less on traditional stock options and more on measurable results like operating income and sales growth. This approach illustrates a strategy where executive pay directly reflects the company’s success. The absence of stock options or grants in 2022 highlights a shift toward purely performance-based pay, reinforcing the idea that top executives should be rewarded only when the company effectively meets its targets. Over the years, his pay has been designed to motivate better performance, with substantial bonuses awarded during better fiscal years driven by strong company results. This method aims to foster a culture of accountability and results at Home Depot.

Year

2022

Total Compensation

$4.00M

Salary

$1.50M

Board Justification

The compensation philosophy aligns with company performance, emphasizing performance-based pay to drive results and shareholder value.

Bonus

$2.00M

Board Justification

The bonus is based on the company's performance metrics, including sales growth and operating income, which were achieved in 2022.

Other

$500.00K

Board Justification

Other compensation includes retirement contributions and health benefits that were paid out in 2022.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2022 as the focus was on performance-based compensation.

Performance Metrics

Performance metrics include sales growth, operating income, and return on invested capital (ROIC).

Other Home Depot CEOs

Here are other CEOs of Home Depot

Francis S. Blake

Ex-CEO of Home Depot

January 2007 - November 2014

Edward "Ted" P. Decker

CEO of Home Depot

March 2022 - Present