GVFlyer
Well-known member
- Joined
- Feb 22, 2002
- Posts
- 1,461
Although Nardelli is a fraternity brother of mine, he's a hard guy to like.
Home Depot's market valuation declined 40% during Nardelli's stint as CEO. His compensation was $240 million while he was "building the company down".
Nardelli's abrasive personality and critical, autocratic management style caused many employees to actively dislike him. He pulled some interesting stunts at HD like directing the company's board to skip Home Depot's annual meeting, then limiting shareholders at the meeting to speaking no more than a minute by displaying large digital timers.
His $210 million severance package was more or less the final outrage.
It's easy to see why sleepy and his pals won't miss him. I hope Bob does better at the new Chrysler and that the flight department there prospers.
GV
Home Depot's market valuation declined 40% during Nardelli's stint as CEO. His compensation was $240 million while he was "building the company down".
Nardelli's abrasive personality and critical, autocratic management style caused many employees to actively dislike him. He pulled some interesting stunts at HD like directing the company's board to skip Home Depot's annual meeting, then limiting shareholders at the meeting to speaking no more than a minute by displaying large digital timers.
His $210 million severance package was more or less the final outrage.
It's easy to see why sleepy and his pals won't miss him. I hope Bob does better at the new Chrysler and that the flight department there prospers.
GV