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Provide a 3 pages analysis while answering the following question: Home Depot CEO Robert Nardelli Severance Pay. Prepare this assignment according to the guidelines found in the APA Style Guide. An ab
Provide a 3 pages analysis while answering the following question: Home Depot CEO Robert Nardelli Severance Pay. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. On a closer look many factors are behind Robert Nardelli's huge severance package that cannot be traced to Nardelli alone. but there are measures that could be used to done to reign over-the-top CEO compensations such as Nardelli's.
According to Alan Sloan, business analyst of Washington Post (Sloan, p. D01), Nardelli is not receiving a severance pay more than he was actually entitled to under the employment contract he signed in 2000 with the board of Home Depot. Ken Langone, one of the founders of Home Depot, continued Sloan was in fact was one of those of people who was involved in negotiating for Nardelli, one of the two GE executives who was one-time candidate to replace famous Jack Welch when he left GE. In the same article, Paul Hodgson, a senior research associate at the Corporate Library which investigates corporate governance said that the trouble started in 2000, and that
everything was in Nardelli's contract.
