Talk about Golden Parachute! Whooo wee!
Lots of folks are mad because many feel he did a terrrible job.
Home Depot CEO Nardelli Abruptly Resigns-
Nardelli Resigns Abruptly As CEO of Home Depot, Leaves With $210M Severance Package
By HARRY R. WEBER AP Business Writer
ATLANTA Jan 3, 2007 (AP)-- Dogged by criticism of his hefty pay and his company's poor stock performance, Bob Nardelli abruptly resigned as chairman and chief executive of The Home Depot Inc. after six years at the helm of the world's largest home improvement store chain, the company said Wednesday.
But he didn't leave empty-handed: the Atlanta-based company said Nardelli would receive a severance package worth roughly $210 million, an amount decried by some lawmakers as a golden parachute that sends the wrong message to investors. ....
You can read the rest of the story here--->ABC News: Home Depot CEO Nardelli Abruptly Resigns