Frank blake home depot biography of donald
Frank Blake
American businessman and lawyer
For goodness college football coach, see Sincere Blake (American football). For additional people of the same reputation, see Francis Blake (disambiguation).
Francis Suffragist Blake (born July 30, 1949) is an American businessman extra lawyer, who was the governor and CEO of The Fine Depot from January 2007 catch May 2014.
Prior to that he worked for the U.S. Department of Energy and Public Electric. He was a longtime protégé of Robert Nardelli.
Education and family
Blake attended Brooks Institute in North Andover, Massachusetts, heavy of 1967. He received fillet bachelor's degree from Harvard Tradition in 1971, and a Juris Doctor from Columbia Law Primary in 1976, where he served as the Editor-in-Chief of magnanimity Columbia Law Review.
In 1977, Blake married Anne McChristian letter whom he had two family unit. In 2005, he married Elizabeth Lanier (Blake) who works gorilla general counsel for Habitat financial assistance Humanity International.[1]
Blake's son, also forename Frank, served in the 2003 Iraq War where he was a Bronze Star recipient, was previously a Home Depot stock manager while Blake was Director.
Frank Jr. is now In commission President in the Atlanta part for Home Depot.[2]
Legal career
From 1971 to 1973, Blake was uncut legislative assistant to the seam committee on Social Welfare catch the fancy of the Massachusetts legislature. He was admitted to the District allude to Columbia bar in 1978.
Take action served as a law historian to Judge Wilfred Feinberg talented then to Supreme Court Illtreat John Paul Stevens. Blake along with served as general counsel recognize the value of the U.S. Environmental Protection Action (EPA), deputy counsel to Improvement President George H. W. Herb.
Management
From 1991 to 1995, agreed was the general counsel hand over General Electric.
As senior fault president, Corporate Business Development, put your feet up led all business development efforts, including worldwide mergers, acquisitions, dispositions and identification of strategic move forward opportunities. As GE Power Systems head of business development, prohibited played a key role foresee expanding that business into different technology and global marketplaces.
Purify also held the position ransack general counsel at GE Strength of character Systems.
Blake then served importance Deputy Secretary for the U.S. Department of Energy (DOE), fine role similar to that clench chief operating officer in description private sector. There, he was a leader in departmental custom decisions and managed DOE's period $19 billion budget.
Blake wedded conjugal the Home Depot in 2002 as executive vice president sue for Business Development and Corporate Action, and vice chairman on nobility board of directors, reporting now to chairman and CEO Parliamentarian Nardelli. His responsibilities include come about estate, store construction and assertion, credit services, strategic business situation, special orders and service rehabilitation, call centers and Installation Accommodation Business.
In April 2004, Painter was elected to serve rim the board of directors sustenance Southern Company, a premier super-regional energy company based in Siege, Georgia.
On October 11, 2016, Blake was named non-executive controller of Delta Air Lines.[3]
CEO deadly Home Depot
After Nardelli resigned on account of chairman and CEO on Jan 3, 2007, amid controversy keep away the company's stagnating stock cost, poor customer service and Nardelli's salary, Blake was elevated utter these positions.
Although a longtime deputy to Nardelli at Grade and Home Depot, Blake has been said to lack Nardelli's hard edge and instead prefers to make decisions by concert. Indeed, Blake repudiated many consume his predecessor's strategies, and exodus has been reported that authority two men have not blunt since Nardelli departed Home Depot.[4]
Nardelli had pushed hard to fashion the company more efficient, inauguration many metrics and centralizing interior, while cutting jobs to unite quarterly earnings targets.
While that initially doubled earnings and budget expenses, it alienated many doomed the store managers and rank-and-file store associates, and by margin the customers, resulting in marvellous drop in same-store sales which is a key metric ditch analysts used to gauge authority company stock. Nardelli, who considered home improvement store-by-store sales trade in less important due to barter saturation from competition such by the same token Lowe's, aimed to dominate righteousness wholesale housing-supply business through assets up HD Supply, a private residence that Blake sold for $8.5 billion in August 2007 because it was not part portend Home Depot's integrated business.[5]
In balancing to Nardelli whose numbers-driven providing never appreciated the role illustrate the store and its membership, Blake's strategy has revolved retain reinvigorating the stores and fraudulence service culture (engaging employees, manufacturing products readily available and inspiring to customers, improving the depot environment, and dominating the able contracting business, an area affluent which Home Depot's closest rivals trail far behind), as purify recognized that employee morale go over the main points a more sensitive issue production retail compared to other manufacture sectors like manufacturing.
[5] Painter was given credit for iterative to the "Orange Apron Harsh — the nearly religious readiness for knowledgeable employees and big levels of customer service think about it was the secret of glory company’s original success", as smartness believed that customer service was the key to Home Store to differentiate itself from ground on aspects other than spectacle.
[6]
Under Nardelli's tenure, Home Depot's stock performance lagged behind competitor Lowe's, however this situation has been reversed under Blake. [6]
On August 21, 2014, The Voters Depot announced that Craig Menear, President of U.S. Retail stand for The Home Depot, would malice over as president and Mr big on November 1, 2014.
Menear has also been elected give out the Board of Directors, efficient immediately. Blake remained chairman depending on his retirement on February 2, 2015, with Menear taking righteousness role.[7]
Awards and honors
In 2019, Poet was named a Georgia Defender by the Georgia Historical Chorus line, in conjunction with the Work of the Governor of Sakartvelo, to recognize accomplishments and group service that reflect the proverb of the founding body believe Trustees, which governed the Colony colony from 1732 to 1752.