Home » Story links » George's story links

Nardelli Resigns As CEO of Home Depot

By George on Wed, 2007-01-03 10:32
(via biz.yahoo.com)

Bob Nardelli, the CEO of Home Depot, just resigned. If I could cash out for over $200 million, I would leave in a heart beat. Hopefully the Board will hire a new CEO with a much more modest compensation package and thus create a value opportunity that shares wealth with the shareholders.

Jason on Wed, 2007-01-03 10:57
Title: Some more good commentary on

Some more good commentary on HD & Nardelli

Jason on Wed, 2007-01-03 10:56
Title: As of MRQ, HD had 600 mil in

As of MRQ, HD had 600 mil in cash on the balance sheet, and Nardelli's compensation will be approximately a 1/3 of that. (Obviously his payout doesn't come in cash...)

Amazing.