Word: nardelli
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Dates: during 2000-2009
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...form hasn't crimped Journal substance. On Day 3 of the new era, last Thursday, the paper produced a smart pair of page one stories about the biggest business news story of the week: the flameout of Home Depot's CEO Robert Nardelli. A news piece chronicled Nardelli's demise and his troubled relationship with the Home Depot board, and a thoughtful Alan Murray analysis described how Nardelli fell out of touch with the demands today's CEOs routinely face. The pieces jointly dominated the top of page one; I didn't miss that phantom sixth column (whose absence...
RESIGNED. Bob Nardelli, 58, as chairman and CEO of Home Depot, the world's largest home-improvement chain; in the wake of investor anger over his $200 million--plus pay package during the past six years while Home Depot's stock price sank; in Atlanta. Nardelli had refused to discuss his salary, even at the company's contentious annual meeting last year, at which he was the only board member in attendance. Although Home Depot's market capitalization fell $5.6 billion in 2006, Nardelli received a $210 million severance deal...
...Robert Nardelli...
...Nardelli says his new projects are what keep him up at night now, not the disappointments of the past. "I moved on," he says. "I couldn't be happier." He even attended Welch's April wedding in Boston. "I don't have to prove myself to Jack Welch," he says. "My shareholders, my customers, my associates don't care what happened in the past." But it would be a mistake to think Nardelli isn't still pushing himself. "Am I competitive?" he asks. "I was there, and I am here." It's a new game, and Nardelli is determined...
Homemaker in Chief Bob Nardelli lost out on GE's top job, but he's winning raves at Home Depot...