Thursday, January 23, 2020

Home Depot Co-Founder Bernie Marcus urges CEOs to fight socialist thinking in U.S.

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Co-founder of Atlanta-based The Home Depot Inc. Bernie Marcus said U.S. CEOs had better start fighting the threat from socialist thinking.

But Marcus told Chief Executive he’s afraid that social media has made executives fearful of speaking out. He was the first CEO of Atlanta-based Home Depot (NYSE: HD) and retired as its chairman in 2002.

Marcus said every time he hears a new multi-trillion-dollar government program proposal from a Democratic presidential candidate, he becomes more determined to fight the ideas behind it. But he said he isn’t so sure his fellow CEOs are ready to do battle against what he sees as a real threat to the U.S. economy.

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  1. What a great story at Chief Exec. Mr. Marcus knows what he's talking about. Nice find, I didn't see any mention of this any where. Take care.