336:
store environment, and dominating the professional contracting business, an area in which Home Depot's closest rivals trail far behind), as he recognized that employee morale is a more sensitive issue in retail compared to other industry sectors like manufacturing. Blake was given credit for returning to the "Orange Apron Cult — the nearly religious zeal for knowledgeable employees and high levels of customer service that was the secret of the company’s original success", as he believed that customer service was the key to Home Depot to differentiate itself from competitors on aspects other than price.
332:
associates, and by extension the customers, resulting in a drop in same-store sales which is a key metric that analysts used to gauge the company stock. Nardelli, who regarded home improvement store-by-store sales as less important due to market saturation from competition such as Lowe's, aimed to dominate the wholesale housing-supply business through building up HD Supply, a unit that Blake sold for $ 8.5 billion in August 2007 since it was not part of Home Depot's integrated business.
295:. As senior vice president, Corporate Business Development, he led all business development efforts, including worldwide mergers, acquisitions, dispositions and identification of strategic growth opportunities. As GE Power Systems head of business development, he played a key role in expanding that business into new technology and global marketplaces. He also held the position of general counsel at GE Power Systems.
335:
In comparison to
Nardelli whose numbers-driven approach never appreciated the role of the store and its associates, Blake's strategy has revolved around reinvigorating the stores and its service culture (engaging employees, making products readily available and exciting to customers, improving the
327:
After
Nardelli resigned as chairman and CEO on January 3, 2007, amid controversy over the company's stagnating stock price, poor customer service and Nardelli's salary, Blake was elevated to these positions. Although a longtime deputy to Nardelli at GE and Home Depot, Blake has been said to lack
331:
Nardelli had pushed hard to make the company more efficient, instituting many metrics and centralizing operations, while cutting jobs to meet quarterly earnings targets. While this initially doubled earnings and reduced expenses, it alienated many of the store managers and rank-and-file store
350:, 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 Board of Directors, effective immediately. Blake remained chairman until his retirement on February 2, 2015, with Menear taking the role.
328:
Nardelli's hard edge and instead prefers to make decisions by consensus. Indeed, Blake repudiated many of his predecessor's strategies, and it has been reported that the two men have not spoken since
Nardelli departed Home Depot.
266:
From 1971 to 1973, Blake was a legislative assistant to the joint committee on Social
Welfare of the Massachusetts legislature. He was admitted to the District of Columbia bar in 1978. He served as a law clerk to Judge
309:. His responsibilities include real estate, store construction and maintenance, credit services, strategic business development, special orders and service improvement, call centers and Installation Services Business.
379:
305:
Blake joined the Home Depot in 2002 as executive vice president for
Business Development and Corporate Operations, and vice chairman on the board of directors, reporting directly to chairman and CEO
626:
656:
251:
In 1977, Blake married Anne McChristian with whom he had two children. In 2005, he married
Elizabeth Lanier (Blake) who works as general counsel for Habitat for Humanity International.
302:(DOE), a role similar to that of chief operating officer in the private sector. There, he was a leader in departmental policy decisions and managed DOE's annual $ 19 billion budget.
621:
258:
where he was a Bronze Star recipient, was previously a Home Depot store manager while Blake was CEO. Frank Jr. is now Vice
President in the Atlanta region for Home Depot.
276:
454:
312:
In April 2004, Blake was elected to serve on the board of directors for
Southern Company, a premier super-regional energy company based in Atlanta, Georgia.
611:
46:
208:
from
January 2007 to May 2014. Prior to this he worked for the U.S. Department of Energy and General Electric. He was a longtime protégé of
427:
661:
641:
478:
616:
399:
636:
137:
463:
Wall Street isn't convinced that new CEO Frank Blake has the job for the long haul. But his skills may surprise his detractors.
20:
631:
24:
651:
646:
225:
458:
359:
299:
499:
513:
606:
400:"Our Catholic Family Life .com: Pope Benedict XVI Publically [sic] Thanks CEO of the Home Depot"
126:
601:
366:, to recognize accomplishments and community service that reflect the ideals of the founding body of
229:
363:
245:
241:
168:
233:
159:
280:
272:
91:
79:
292:
268:
163:
428:"Anderson retiring from Delta board of directors; Frank Blake named non-executive chairman"
562:
367:
316:
306:
209:
205:
67:
595:
255:
221:
583:
347:
237:
172:
573:
479:"Home Depot CEO Frank Blake tries to rebuild a sense of pride - Sep. 19, 2008"
154:
339:
Under
Nardelli's tenure, Home Depot's stock performance lagged behind rival
340:
413:
197:
196:(born July 30, 1949) is an American businessman and lawyer, who was the
542:
546:
380:
List of law clerks of the Supreme Court of the United States (Seat 4)
315:
On October 11, 2016, Blake was named non-executive chairman of
569:
201:
514:"Home Depot's former CEO Frank Blake to retire as chairman"
343:, however this situation has been reversed under Blake.
370:, which governed the Georgia colony from 1732 to 1752.
244:
in 1976, where he served as the Editor-in-Chief of the
627:
Law clerks of the Supreme Court of the United States
275:. Blake also served as general counsel for the U.S.
179:
153:
143:
133:
106:
101:
85:
73:
63:
45:
34:
657:American chief executives of Fortune 500 companies
358:In 2019, Blake was named a Georgia Trustee by the
346:On August 21, 2014, The Home Depot announced that
291:From 1991 to 1995, he was the general counsel for
298:Blake then served as Deputy Secretary for the
254:Blake's son, also named Frank, served in the
8:
622:United States deputy secretaries of energy
551:
31:
500:"Frank Blake Has Brought Home Depot Home"
23:. For other people of the same name, see
455:"Home Depot's Surprising Choice for CEO"
362:, in conjunction with the Office of the
279:(EPA), deputy counsel to Vice President
47:United States Deputy Secretary of Energy
494:
492:
391:
473:
471:
7:
19:For the college football coach, see
271:and then to Supreme Court Justice
59:June 1, 2001 – April 2002
14:
453:Pallavi Gogoi (January 4, 2007).
228:, class of 1967. He received his
612:American retail chief executives
277:Environmental Protection Agency
21:Frank Blake (American football)
16:American businessman and lawyer
25:Francis Blake (disambiguation)
1:
226:North Andover, Massachusetts
678:
662:Businesspeople from Boston
642:Columbia Law School alumni
360:Georgia Historical Society
18:
617:Harvard University alumni
580:
567:
559:
554:
539:2008 Edition, p. 414
300:U.S. Department of Energy
187:
97:
52:
41:
637:General Electric people
632:The Home Depot people
194:Francis Stanton Blake
127:Boston, Massachusetts
111:Francis Stanton Blake
652:Brooks School alumni
537:Who's Who in America
414:"A True Team Player"
216:Education and family
647:Lawyers from Boston
555:Business positions
502:. January 19, 2012.
461:on April 10, 2009.
364:Governor of Georgia
246:Columbia Law Review
242:Columbia Law School
169:Columbia University
416:. January 2, 2021.
234:Harvard University
160:Harvard University
590:
589:
581:Succeeded by
434:. Delta Air Lines
354:Awards and honors
323:CEO of Home Depot
281:George H. W. Bush
273:John Paul Stevens
230:bachelor's degree
191:
190:
92:Kyle E. McSlarrow
80:Charles B. Curtis
669:
560:Preceded by
552:
529:
528:
526:
524:
510:
504:
503:
496:
487:
486:
475:
466:
465:
457:. Archived from
450:
444:
443:
441:
439:
424:
418:
417:
410:
404:
403:
402:. June 15, 2010.
396:
293:General Electric
269:Wilfred Feinberg
149:Elizabeth Lanier
147:Anne McChristian
124:
120:
118:
102:Personal details
88:
76:
57:
32:
677:
676:
672:
671:
670:
668:
667:
666:
592:
591:
586:
577:
565:
563:Robert Nardelli
533:
532:
522:
520:
512:
511:
507:
498:
497:
490:
477:
476:
469:
452:
451:
447:
437:
435:
426:
425:
421:
412:
411:
407:
398:
397:
393:
388:
376:
356:
325:
317:Delta Air Lines
307:Robert Nardelli
289:
264:
236:in 1971, and a
220:Blake attended
218:
210:Robert Nardelli
167:
148:
134:Political party
125:
122:
116:
114:
113:
112:
86:
74:
58:
53:
37:
28:
17:
12:
11:
5:
675:
673:
665:
664:
659:
654:
649:
644:
639:
634:
629:
624:
619:
614:
609:
604:
594:
593:
588:
587:
582:
579:
566:
561:
557:
556:
550:
549:
540:
531:
530:
505:
488:
467:
445:
432:Delta News Hub
419:
405:
390:
389:
387:
384:
383:
382:
375:
372:
355:
352:
324:
321:
288:
285:
263:
260:
217:
214:
206:The Home Depot
189:
188:
185:
184:
181:
177:
176:
157:
151:
150:
145:
141:
140:
135:
131:
130:
110:
108:
104:
103:
99:
98:
95:
94:
89:
83:
82:
77:
71:
70:
68:George W. Bush
65:
61:
60:
50:
49:
43:
42:
39:
38:
35:
15:
13:
10:
9:
6:
4:
3:
2:
674:
663:
660:
658:
655:
653:
650:
648:
645:
643:
640:
638:
635:
633:
630:
628:
625:
623:
620:
618:
615:
613:
610:
608:
607:Living people
605:
603:
600:
599:
597:
585:
576:
575:
571:
564:
558:
553:
548:
544:
541:
538:
535:
534:
519:
515:
509:
506:
501:
495:
493:
489:
484:
483:money.cnn.com
480:
474:
472:
468:
464:
460:
456:
449:
446:
433:
429:
423:
420:
415:
409:
406:
401:
395:
392:
385:
381:
378:
377:
373:
371:
369:
365:
361:
353:
351:
349:
344:
342:
337:
333:
329:
322:
320:
318:
313:
310:
308:
303:
301:
296:
294:
286:
284:
282:
278:
274:
270:
261:
259:
257:
256:2003 Iraq War
252:
249:
247:
243:
239:
235:
231:
227:
223:
222:Brooks School
215:
213:
211:
207:
203:
199:
195:
186:
182:
178:
174:
170:
165:
161:
158:
156:
152:
146:
142:
139:
136:
132:
128:
123:(age 75)
121:July 30, 1949
109:
105:
100:
96:
93:
90:
84:
81:
78:
72:
69:
66:
62:
56:
51:
48:
44:
40:
33:
30:
26:
22:
584:Craig Menear
568:
536:
521:. Retrieved
517:
508:
482:
462:
459:the original
448:
436:. Retrieved
431:
422:
408:
394:
357:
348:Craig Menear
345:
338:
334:
330:
326:
314:
311:
304:
297:
290:
265:
262:Legal career
253:
250:
238:Juris Doctor
219:
193:
192:
87:Succeeded by
54:
29:
602:1949 births
543:Appearances
523:January 18,
438:October 11,
75:Preceded by
36:Frank Blake
596:Categories
578:2007-2014
574:Home Depot
386:References
287:Management
180:Occupation
155:Alma mater
138:Republican
117:1949-07-30
144:Spouse(s)
64:President
55:In office
374:See also
368:Trustees
198:chairman
518:Fortune
547:C-SPAN
341:Lowe's
129:, U.S.
240:from
232:from
525:2021
440:2016
200:and
107:Born
572:of
570:CEO
545:on
224:in
204:of
202:CEO
183:CEO
598::
516:.
491:^
481:.
470:^
430:.
319:.
283:.
248:.
212:.
173:JD
164:BA
119:)
527:.
485:.
442:.
175:)
171:(
166:)
162:(
115:(
27:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.