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The Home Depot, Inc. The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [4] In 2021, the company had 490,600 employees and more ...
1963 (age 60–61) Alma mater. College of William and Mary (BA) Carnegie Mellon University (MBA) Occupation (s) CEO and President of The Home Depot, Inc. Edward "Ted" Decker (born 1963) [1] is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. [2][3] He was scheduled ...
Patrick "Pat" Farrah is an American former retail executive who is a co-founder of Home Depot. Patrick Farrah was born and raised in Southern California. [1] Dropping out of junior college in the first year, in 1962 he took a job at National Lumber and Supply Company in the Los Angeles Area. As the company grew into a small chain, he worked his ...
In 1978, both he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. In 1978, they co-founded the home-improvement retailer The 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 stores ...
But at no time during its history has Home Depot ever cut its dividend. The company's payout ratio-- the percentage of earnings a company pays out as dividends -- is 58.4%. For reference, any time ...
Home Depot employees can discount most items in store up to $50 without manager approval, if a customer brings up a concern about the product or notes a discrepancy with a sales ad. The employee ...
In 1974, Langone formed the venture capital firm Invemed. Langone organized financing for Bernard Marcus and Arthur Blank to found Home Depot. Now a national chain with over 400,000 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.
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 ...