The head of Home Depot Inc. left the home improvement chain on Wednesday in a mutual agreement, taking with him a severance package worth about $210 million US.
The surprise departure of Bob Nardelli from the role of chief executive officer after six years came amid investor unhappiness over Home Depot’s share price performance. Nardelli also stepped down as chairman of the board.
The Golden Parachute Still Works
January 3rd, 2007 · No Comments
Tags: Management · Termination · Careers · Retirement · Pension
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