Thursday, January 04, 2007

Home Depot CEO Gets $210M Severance for Sucking at Job

Robert L. Nardelli, the CEO of Home Depot, who came under heavy criticism for his pay package and failure to lift the chain
’s stagnant stock price, has abruptly resigned. He will receive about $210 million in compensation from the company, including the current value of retirement and other benefits. Who would blame him for quitting?

read more | digg story

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