Menard often goes through the mail of his top executives and tirelessly reads through customer complaints, former insiders say, looking for problems or hints that an employee gave something away at his expense. Menard would buy up a manufacturers overstock and rejects for pennies on the dollar. When Bropst showed up in court with the 50 applications hed received over the Internet from Menards employees, the judge dismissed the complaint. Wood treated with CCA contains chromium, copper and arsenic a known carcinogen. When it comes to decisions about how far to expand, John had a wisdom that these people dont., But it may not matter who becomes the next CEO. His father was not. In 2005, Menards agreed to a $2 million fine after Wisconsin DNR officials found a floor drain in a company shop that they believed was used to dump paint, solvents, oil and other waste into a lagoon that fed into a tributary of the Chippewa River. The Menard racing team kept racing the V-6s through 1996, though without Buick's official sanction. Moreover, theyd have to pay their own attorneys fees and half the cost of the arbitrator, even if Menards was found at fault. His body language, his mannerisms, answering questions when he wasnt asked; not answering them when he was, Sissam says. No, when asked to discuss her father. Edward Archibald served Menards for 27 years, including 15 years as its top merchandizing and marketing executive. In 1997, John Menard was caught using his own pickup truck to haul plastic bags filled with chromium and arsenic-laden wood ash to his own home for disposal along with his household trash. And as a shopper, Im not very happy when the peanuts I buy are stale. By the early 1990s, Atlanta-based Home Depot, the countrys second-largest retailer after Wal-Mart, had its eye on the Chicago market. He said we could find a house in another town, but all our friends and family are here. John Menards first, second and third true loves are Menards Inc. Everything including his family comes after that, says Kight. The birthplace of John Menard is Eau Claire In Wisconsin. Sissam had expected John Menard to be a sophisticated businessman in a wool suit. Menards utilizes fines and the threat of fines against . He is also the founder of Menards which is a chain of home improvement stores in Midwestern. $2.5 billion, according to our most recent tally. John owns Menards, a Midwestern chain of home enhancement stores. Like Wal-Mart, notorious for bullying manufacturers, Menards played hardball with suppliers. Yet, in his black team jacket and cap, Menard looked more like a guy who shopped Menards than a man who had the highest tax bill of any American in 2002. Lowes sold $43 billion at 1,250 stores in 49 states. Whatever he does, he does it because he can.. In 2002, Menard owed more in personal federal income tax than any other American: $228 million on $593 million in adjusted gross income. He worked days on his fledgling business, nights at a local movie theater. Compensation for Menards other corporate officers, revealed in the companys 1998 tax case, showed a massive drop from the CEOs salary: operations manager Larry Menard at a $45,000 base salary and $180,000 bonus; Johns son, Christopher, then still with the company as corporate secretary and Eau Clare distribution center manager, at $172,815; Marvin Prochaska, head of real estate, at $121,307, and chief financial officer and treasurer Earl Rasmussen with $55,702. Menard had an out-of-wedlock daughter named Michelle, 39, who changed her last name to Menard and worked for the company for awhile. Bropst, too, had dared to question an order, this time from John Menard Jr. That was the beginning of the end of my career with them, he says. John Menard Jr. Paul practically grew up on a racetrack, cutting his teeth on go-kart and ice boat racing. The company was fined $160,000. John Menard Jr expanded kitchen and bath vignettes and added an appliance showroom and garden center to his already extensive product lines. When the time came for a Victory Lane family photo celebrating Pauls first win in 85 Busch starts, however, Pauls girlfriend, mother and sister were there. Woody Harrelson Children: Meet Zoe, Makani, Deni. Prior to this appointment, Mr. Mnard held the position of President Quebec, BMO Financial Group and oversaw the activities of Bank of Montreal and its subsidiaries in Quebec. Phone Number: (715) 450-LVZT +3 phones. By the early 1990s, Atlanta-based Home Depot, the countrys second-largest retailer after Wal-Mart, had its eye on the Chicago market. Menards style is suggested by how he paid people: As company president and CEO, his $20.6 million pay in 1998 included a bonus equal to 5 percent of the companys before-tax profit, an arrangement he instituted in 1973. Source: GhGossip.com. But this sort of compassion was rare, his associates say. Contact While John Menard Jr was still in high school, his father hired a company to build a pole barn, and John got a summer job working with the crew. We had a policy, we will never be beaten on price, says former Wausau assistant store manager Norm Baumann, who worked for the company from 1996-2006. He thought he was a real stud muffin the way he talked and I said who are you to tell us where to live? I told him someday I hope a train runs you over and cuts your legs off.. Lowes entered the market in 1999. After graduating from high school, John joined University of Wisconsin-EAU Claire and he graduated from the university with a minor in psychology and a degree . Langston was elected in 1855 10 . Bachelor of Arts/Science, University of Wisconsin, Eau Claire. Adds Archibald, Hes been a failure when it comes to his family, when it comes to relationships. Increasingly, new stores cannibalize sales at a chains existing stores or they bump heads with a competitor, Spanbauer says. He refused the transfer and filed an age discrimination complaint, but lost. They were clean cut so they could be sold or made into treated tree rings.. She is seeking damages for legal work she provided for several years. I still love John like a brother, Archibald swears, but he couldnt stomach his treatment. It was quite a struggle, Larry Menard Johns younger brother and Menards Inc. vice president and operations manager said during an August 2006 arbitration hearing. Menard was at the racetrack, and comforted Lee Brayton, Scotts father. Helget, who had a stellar 13-year record with the company, could resign his post and take a lower-level job, Larry said. Herbert Kohler Jr. and family, executive chairman of Kohler Company, $9.8 billion. John Menard had built his regional empire of home improvement stores one two-by-four at a time until it had more than $6.6 billion in annual sales and 37,000 employees. Former Menards executives describe Charlie as a computer geek and a nice guy who lacks the business and people skills to run the company. In 1972, he incorporated Menards Inc. and opened his first hardware store just in time to catch the building wave of do-it-yourselfers, according to industry analysts. He and others, Firestone, the Speedway, Dale Earnhardt Sr., Roger Penske, they contributed a lot of money for a scholarship for [Scotts 2-year-old daughter] Carly, Lee Brayton says. In a September 2004 Federal Tax Court case, an IRS expert placed Menards return on assets at 14.2 percent compared to Home Depots 10.3 percent and Lowes 6.8 percent. If a person had ever worked in a union shop, you couldnt hire them. Bropst was forced to fire two promising management trainees because theyd been baggers at a unionized grocery store while in high school. The manager spent a small fortune on plane fare commuting back and forth. This translates into millions of dollars worth of publicity. case dismissed. Expanded into 11 midwestern states by undercutting competition penny by penny. Locked in legal battle with U.S. government over $5.7 million in back taxes stemming from old salary dividend. His team was as much about marketing his Menards stores as it was about racing., One casualty of Menards tough negotiating was driver Andy Petree. He is the son of John Robert Menard Sr (1917-1988). Theres an emotional youthfulness and wonder about him like a kid having fun and then he says, wait a minute, I cant control that, and he tries to control absolutely everything, says Kight. Under Menards policy, managers would see their pay cut by 60 percent if their store became unionized, notes Iowa ex-manager Faber. Larry Menard told Bropst hed have to move. The final prong became Menards racing sponsorships. The Helgets were elated until they discovered Eldons contract with Menards barred him from working for a competitor for a year. There were reasons the stores Menard acquired had closed. Bropst, too, had dared to question an order, this time from John Menard. Last year, the value of Menards racing-circuit exposure was worth $22.2 million, estimates sponsorship expert Eric Wright. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. It doesnt want to take business from them. Archibald demanded proof, he says, and when none was provided, walked out and never returned. The sanction broke the previous record fine of $1.7 million set by Menard in 1997. Youve got to sell solutions.. The rules also reflected the personality of a man who started with nothing and succeeded by pinching pennies. Menard expanded kitchen and bath vignettes and added an appliance showroom and garden center to his already extensive product lines. Things went more smoothly on the race track. That meant a $15,000 cut in his $40,000 salary, but Helget still agreed. Still, Lowes and Home Depot saw total same-store sales slump in 2006, while Menards enjoyed record profits. Here are all of the Wisconsin billionaires that made the list, in order of net worth: John Menard Jr., founder of Menards, $14.2 billion. The products he manufactured, including dog houses and picnic tables, accounted for about a quarter of the items sold. Menard often goes through the mail of his top executives and tirelessly reads through customer complaints, former insiders say, looking for problems or hints that an employee gave something away at his expense. And the two giants did throw their weight around, pressuring manufacturers Kohler and DeWalt not to sell products to Menards, says Archibald. Gloves, candy, coffee. A 1963 graduate of the University of Wisconsin-Eau Claire, Menard opened his first hardware store in 1972. Current Issue, Advertise The home office monitored every stores security cameras for at least an hour a day. Questioning their policy was the beginning of the end, Faber says now. He refused the transfer and filed an age discrimination complaint, but lost. John Menard Jr. (born 1940) is an American entrepreneur who is the founder and owner of Menards, a major Midwestern home improvement store chain. They offered me another new store in Wilmer, Minn., and said take it or leave it, he recalls. They tried to sue me for soliciting their employees, he says. We can see too many carts, not enough carts. It became a marketing vehicle for his stores and a way to shakedown suppliers. When he gets happy, I think he struggles with that. Arsenic and Old Waste He paid himself $20.6 million in 1998, three times more than the Lowes CEO and seven times more than Home Depots. John Menard III About Work No workplaces to show College Studied at University of Wisconsin-Madison High school Went to Regis High School (Wisconsin) Photos See all photos Others Named John Menard III John Menard III See more Others With a Similar Name HI RA YA Connect with John Menard III on Facebook Log In or Create new account Menards catchy slogan, Save Big Money at Menards, seemed to jingle relentlessly from every radio and TV, worming its way into the heads of shoppers across Americas heartland. But Helgets boss, Larry Menard, said there were no exceptions to the company rule. Petree had won a pair of NASCAR championships as Dale Earnhardts crew chief, but struggled to find sponsors when he formed his own team. In 1994, Wisconsin obtained a civil judgment against Menards for the unlicensed transportation and disposal of ash produced by incinerating CCA-treated lumber. His parents were teachers John Menard Sr., a University of Wisconsin-Eau Claire math professor; his mother, Rosemary, at St. James the Greater, a Catholic grade school. Email Address: See available information. Customer service deteriorated under Nardelli, and he was let go earlier this year. In Lombard, there were a lot of problems. Menards offers the targeted employee another job, but always for less pay, at a lower rank, in a different city, so the employee must uproot his or her family. They have also lived in Bark River, MI.
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