Jamie Dimon Home Depot, Home Depot Nearly Hired Jamie Dimon As CEO More Than A Decade Ago. JPMorgan CEO Jamie Dimon almost ended up on a very different career path after leaving Citigroup at the end of 1998.
He nearly became CEO of Home Depot, according to William D. Cohan and Bethany McLean's big profile of him in Vanity Fair.
The huge home improvement retailer "seriously considered" hiring him, and apparently Dimon liked what he saw at the time.
From Vanity Fair: As the talks heated up, he realized he had not been to a Home Depot in years. One Saturday he and one of his daughters and Jay Mandelbaum and his daughter visited the Yonkers, New York, store. “When he walked in the store his eyes kind of lit up, because he loved it,” Mandelbaum remembers.
“Home Depot is a great company, great stores, and he loved just watching the service people and checking out all the aisles."
He was also talking to Microsoft and Amazon.
As for Home Depot, it's the largest home retailer in the world and it's doing quite well right now, but it wasn't like this back then.
Current CEO Frank Blake was tasked with turning things around at the then-struggling company and he has done a great job refocusing Home Depot on employee expertise and customer service.
Dimon, of course, stayed in finance and became CEO of Bank One in 2000.
He nearly became CEO of Home Depot, according to William D. Cohan and Bethany McLean's big profile of him in Vanity Fair.
The huge home improvement retailer "seriously considered" hiring him, and apparently Dimon liked what he saw at the time.
From Vanity Fair: As the talks heated up, he realized he had not been to a Home Depot in years. One Saturday he and one of his daughters and Jay Mandelbaum and his daughter visited the Yonkers, New York, store. “When he walked in the store his eyes kind of lit up, because he loved it,” Mandelbaum remembers.
“Home Depot is a great company, great stores, and he loved just watching the service people and checking out all the aisles."
He was also talking to Microsoft and Amazon.
As for Home Depot, it's the largest home retailer in the world and it's doing quite well right now, but it wasn't like this back then.
Current CEO Frank Blake was tasked with turning things around at the then-struggling company and he has done a great job refocusing Home Depot on employee expertise and customer service.
Dimon, of course, stayed in finance and became CEO of Bank One in 2000.
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