As co-founder of The Home Depot, chairman of the Blank Family of Businesses, philanthropist, and now best-selling author, Blank leads with his six core values: Put People First, Listen and Respond, Include Everyone, Innovate Continuously, Lead by Example, and Give Back to Others. The exact timetable for Blank hiring a CEO remains unclear. He is also involved with the philanthropic family foundation that bears his name. Be sensitive to their family situations, some have people at home who are aged, sick, or children they can't get childcare for. While an undergraduate at Babson College in the early 1960s, he started a landscaping and laundry pick-up service to cover his expenses. We never viewed ourselves as a judge trying to decide which side of the scale is right or wrong. Employees say this is a great place to work. Inside the NFL's gambling policy, and why violations are increasing, Bills break ground on new $1.54 billion stadium, Cowboys release WR Callaway following arrest, Chargers' talks with Herbert 'ongoing,' Staley says, Lawrence relishing 1st normal offseason with Jags, Source: Bills add LB Floyd to bolster pass rush, Norma Hunt, matriarch of Chiefs, dies at 85, Ex-Vikes part owner gets 6 years in AAF scam, Sources: Harris taking next step for Commanders. Arthur Blank, Owner and Chairman at Blank Family of Businesses | Terry Perhaps best known as co-founder of The Home Depot, Arthur Blank is now widely recognized for his diverse businesses. The Home Depot Foundation, established in 2002, supports a variety of community projects, including Habitat for Humanity; City of Hope, a cancer-treatment center; and KaBOOM!, a playground-construction organization. BI: You wrote in "Good Company" about the issue of retailers forcing out experienced full-time store employees in favor of untrained or under-trained part-time workers. [16] They met when she worked as a designer at a Home Depot store in Atlanta. Under his leadership, the Falcons have become one of the NFLs premier teams on and off the field. He later joined the Daylin corporation, where he rose to become president of Elliott's Drug Stores/Stripe Discount Stores, a division of Daylin. Values-based leadership is critical to the success of Arthur M. Blank '63, H'98. How did you balance that with avoiding micromanaging? Arthur Blank Proves That Successful Branding Principles are Universal AMB West offers a platform in Montana for promoting sustainability and protecting wildlife habitats. All Rights Reserved. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. Falcons Front Office Roster | Atlanta Falcons - atlantafalcons.com Fresh off being fired from the retailer Handy Dan, Blank and Marcus teamed up with investor Ken Langone and merchandiser Pat Farrah to found Home Depot in 1978. Arthur Blank is a fearless brand who builds fearless brands. He brought pro soccer to Atlanta with his Major League Soccer team Atlanta United FC, which started playing in March 2017. It feels more like a European city. Rob Kinmonth/The LIFE Images Collection via Getty Images/Getty Images, NOW WATCH: 'If we can fix this problem, we will actually make America great again' Henry Blodget's full 'Better Capitalism' presentation, Visit Business Insider's homepage for more stories. Last year, McKay signed a four-year contract extension through 2019. Arthur Blank Owner and Chairman, Blank Family of Businesses Perhaps best known as co-founder of The Home Depot, Arthur Blank is now widely recognized for his diverse businesses. Its Now Easier To Print QuickBooks Checks On Blank PaperAnd Other Small Business Tech News This Week, FC Barcelona Reportedly Interested In Signing Brazil U20 Star Arthur From America-MG, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. In 2002 eight Home Depot employees earned medals in the winter Olympic Games and the Paralympics. We made them make a phone call to somebody they don't know. You just have to ask them what they want to drink. Its location required the demolition of two sanctuaries, its total cost ballooned from an estimated $700 million to $1.6 billion, and mechanical failures prevented its signature feature, a retractable roof, from operating for a full year after the stadiums opening. Named by ESPN as the 2021 Sports Philanthropist of the Year, Blank is a tireless advocate of using purpose and profit hand-in-hand to benefit the communities around him. Sydney's newspaper rebellion: the night the censors called armed Blank retired from the company in 2001 as co-chairman. A successful businessman and community leader in Atlanta, Arthur Blank is a cofounder of the Home Depot corporation and the owner of two professional sports teams, the Atlanta Falconsand Atlanta United FC. "I'm a capitalist got to make money, otherwise the business, the institution, is not sustainable,"billionaire businessman Arthur Blank told CNBC. We believe that everyone has a meaningful and important role to play, and by leading with courage and compassion, we can change the world one person, one family, one community at a time. Its great difficulties notwithstanding, the stadium has been a coup for Blank, whose Falcons franchise was expected to double in value as a result of the stadiums construction. Blank resides in Atlanta, Georgia and is the father of six children and has six grandchildren. Website by. ", "And the truth of the matter is, you can have them both, and I think we should have them both," Blank said on "Power Lunch. In 1991 the company established an Olympic Job Opportunities program and became a major U.S. Olympics Team sponsor the next year. That was a recurring theme during Blank's recent return to his alma mater, Babson College. Opened in August 2017, Mercedes-Benz Stadium is home to the National Football Leagues Atlanta Falcons and Major League Soccers Atlanta United. This week there new apps for printing QuickBooks checks, promoting your business and a reminder of the tools that TikTok provides. Nov 14, 2019 Arthur Blank has a new ranch. Our customers would rate the service we deliver as "excellent. 20042023 Georgia Humanities, University of Georgia Press. [15] In 1995, he married Stephanie V. Blank (born 1968), a Blowing Rock, North Carolina, native and Appalachian State University graduate. Blair Goldstein Beasley - The Arthur M. Blank Family Foundation You could ask them what were you looking for and why didn't you find it? All Rights Reserved. If someone is out in the desert walking around, they're going to be thirsty. The club, which began play at Bobby Dodd Stadium before moving to its new home at Mercedes-Benz Stadium, has been an unqualified success. Founded in 1995, The Arthur M. Blank Family Foundation uses the power of values-based connected philanthropy to champion meaningful change that strengthens communities. On February 9, 2016, Blank disclosed that he had treatable prostate cancer. Whether it was an assortment issue, a price issue, an out-of-stock issue or whatever it may be. In February 2002 Blank bought the Atlanta Falcons, a National Football League (NFL) team, for $545 million. [4] He was born to Max Blank, a pharmacist, and Molly Blank. Arthur Blank Family of Businesses | AMBFO | AMB Group ", This idea stems from his upbringing in Queens, New York, he said, in an area with many people who immigrated to the U.S. "looking for the American Dream. A Division of NBCUniversal. Cofounder of the Home Depot and owner of the Atlanta Falcons football team, Blank also established the Arthur M. Blank Family Foundation in 1995. Blank retired as cochairman of the Home Depot in 2001. A native of Queens, N.Y., Blank received a B.S. Blank, who co-founded The Home Depotin 1978, is now owner of the NFL's Atlanta Falcons and Atlanta United of Major League Soccer. Degree in Business Administration with Distinction from Babson College. Arthur M. Blank Sports & Entertainment makes executive changes Blank is applying the same business acumen and values in building his competitive, successful and community-oriented businesses today. Named by ESPN as the 2021 Sports Philan. In 2019, Blank paid more than $180 million for his new 240- foot yacht, DreAMBoat (AMB are his initials). Named. All Rights Reserved. Mercedes-Benz Stadium is a world-class sports and entertainment facility, the home to NFL team, the Atlanta Falcons, MLS team, Atlanta United, and marquee sports, civic, cultural events. In addition to the Blank Family Foundation, Blanks Family of Businesses includes the Atlanta Falcons and Atlanta United; the nationwide PGA TOUR Superstore; three ranches in Montana, Mountain Sky Guest Ranch, West Creek Ranch and Paradise Valley Ranch; and Mercedes-Benz Stadium, which hosted the 2019 Super Bowl and is home to the Falcons and Atlanta United. Blank said one of the key ideas he explores in his book the personal profits from which are being donated to theNational Center for Civil and Human Rights in Atlanta is the importance of establishing a "sense of neighborhood, even within a company, and having a higher purpose than just making money. In December 2003 Blank hired former Tampa Bay Buccaneers executive Rich McKay, and less than a month later named former San Francisco 49ers defensive coordinator Jim Mora Jr. as the new Falcons coach. Arthur Blank - Forbes The family business was bought in 1968 by Daylin, the parent company of a drugstore chain, and Blank stayed on with the new company. The foundation also leads giving programs for each of the for-profit businesses in Blank's portfolio. We really got a very strong understanding of not what was in a report that was filtered 12 times over before it got to my desk, but just reality. The multi-purpose stadium is also host to marquee sports, civic and cultural events. The Arthur M. Blank Family Foundation has donated over $950 million to a variety of projects that includes a $200 million gift in the last year to help build a new hospital for Children's Healthcare of Atlanta and a $50 million grant to the Shepherd Center. Atlanta-based PGA Tour Superstore is continuing its nationwide expansion. The Home Depot has donated more than $200 million, including time and labor, to the communities it serves. He is best known for being a co-founder of the home improvement retailer The Home Depot. Today, Blank is the Chairman of AMB Group LLC, parent company of the Atlanta Falcons and Atlanta United. endobj Blank stressed the importance of businesses generating profits in order to flourish and continue operating. Home Depot Cofounder Arthur Blank on Politics, Supporting Biden The remarks also come shortly after the 50th anniversary of the publication of economist Milton Friedman's seminal essay, "The Social Responsibility of Business is to Increase its Profits." Would Dalvin Cook be a good fit with the Dolphins? Consistent with the way he approaches work and life, his favorite T-shirt appropriately reads, There is no finish line.. Despite the teams success, Blank determined that a new stadium would be necessary if the franchise were to remain competitive on the field and meet the leagues evolving standards for stadium design. Atlanta United joined Major League Soccer as an expansion franchise in 2017. If not, call "Ben Hill"]. Billionaire businessman Arthur Blank told CNBC on Monday that businesses must care about more than just . Blank has expressed serious interest in purchasing other franchises. Arthur Blank, center, cofounded The Home Depot in 1979 and established the foundation in 1995. interests of the Home Depots owners are reflected in the companys forays into the worlds of both sports and philanthropy. Operating approximately 27,000 acres in Paradise Valley bordered by the entrance to Yellowstone National Park, the Yellowstone River, and Gallatin National Forest, AMB West is committed to serve and conserve by thus far granting $8 million in Montana-focused efforts on early childhood development, health and wellness including suicide prevention, and conservation of the lands natural beauty for current and future generations to enjoy. Arthur Blank - New Georgia Encyclopedia Especially right now, during a global pandemic that's taken a toll on many parts of the retail industry? Blank retired as Home Depot's co-chairman in. The highlight of the Smith familys ownership came in 1999, when Atlanta played in Super Bowl XXXIII; the Falcons lost to the Denver Broncos, 34-19. Truck Shortages, Point-Blank Tank Battles, Dueling Artillery. The customer's always going to be right. Overtime, he found his purpose - to create a business which would revolutionize its category. xZoFn~(Aq\>@nrm}E",*I7]z0D$;=R _Do*Q~(W*$x GfsOQ5Gb>vQzd) FERIDDiR Business Insider: You and your cofounder Bernie Marcus were known to don orange aprons and pitch in at stores. Since 1995, the Arthur M. Blank Family Foundation has granted more than $1 billion, and will significantly accelerate the impact of its philanthropy over the next 10+ years in its new priority areas of giving, which include Youth Development, Democracy, Environment, Mental Health and Well-Being, and Atlantas Historic Westside.
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