When Bernard Marcus was let go in 1978, he decided to start his own company.
Bernard Marcus, the former pharmacist who became a billionaire by co-founding Home Depot, the world’s largest home-improvement retailer, has died. He was 95.
Marcus served 19 years as Home Depot’s first chief executive officer and was chairman of the board from 1978 until his retirement in 2002. Blank retired from the company in 2001 after serving as president, CEO and co-chairman. Growing up in a poor family and working from age 13, he aimed to become a doctor, then switched to pharmaceutical studies and graduated from Rutgers University in 1954.
In 1972, he joined Handy Dan Home Improvement Centres a Los Angeles-based chain, and became its CEO. Blank was the company’s chief financial officer.
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