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Ousted Home Depot CEO hauls off $210 million severance package
Shareholder outrage over exorbitant compensation and persistently low stock performance forced Home Depot head Robert Nardelli to abruptly resign last Wednesday. The chief executive and chairman is taking with him at least $210 million in severance, including a cash payment of $20 million and stock options currently worth at least $77 million.
Shareholder outrage over exorbitant compensation and persistently low stock performance forced Home Depot head Robert Nardelli to abruptly resign last Wednesday. The chief executive and chairman is taking with him at least $210 million in severance, including a cash payment of $20 million and stock options currently worth at least $77 million.
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