TheNewsRoom | Home Depot CEO gets $210M severance

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Home Depot CEO gets $210M severance

January 04, 2007

America's largest home inmprovement retailer, Home Depot, announced Wednesday that its chief executive officer, Robert Nardelli, has resigned after taking over the helm in 2002. Amid investor frustration over Nardelli's relatively high compensation and a stagnant stock price investors cheered the news pushing shares higher.