(disclaimer: I own Home Depot stock, so I am slightly biased)\u00c2\u00a0<\/p>\n

Bob Nardelli, CEO of Home Depot, resigned yesterday.<\/p>\n

He was an inflexible dictator with a huge disregard for Home Depot’s shareholders.<\/p>\n

A huge disdain even: during last year’s shareholders meeting, where a lot of shareholders had some tough questions for the board of directors -about the CEO’s insanely high compensation package and the horrible business results: stock had sunk 9% in the same period that competitor Lowe’s saw a 185% increase!-, only ONE board member showed up: Nardelli himself. He was an absolute arrogant prick, didn’t acknowledge any of the severely time limited questions and ran out after only 30 minutes. The shareholders were steaming<\/strong>!<\/p>\n

Home Depot stock hasn’t gone anywhere the past few years: he basically screwed up.<\/p>\n

And now, yesterday, he resigned.<\/p>\n

And I’m mad as hell.<\/p>\n

Not\u00c2\u00a0because he left .. good riddance .. but because this screwup got rewarded with a severance package of $210 million!<\/p>\n

That’s almost a quarter billion dollar<\/strong>!<\/p>\n

NOONE<\/strong> should get such an amount, not even for having done outstanding work, and thus certainly not for having accomplished close to nothing (and most definitely not when it’s essencially my<\/strong> money!).<\/p>\n

This is criminal. Corporate greed in its extreme. I’m so mad, I can barely type. I simply feel robbed. In a very brutal way. Violated almost. Grrrrrrrrr….<\/p>\n

Someone… quick, get me my bloodpressure pills!<\/p>\n","protected":false},"excerpt":{"rendered":"

(disclaimer: I own Home Depot stock, so I am slightly biased)\u00c2\u00a0 Bob Nardelli, CEO of Home Depot, resigned yesterday. He was an inflexible dictator with a huge disregard for Home Depot’s shareholders. A huge disdain even: during last year’s shareholders meeting, where a lot of shareholders had some tough questions for the board of directors […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,6,14,18],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry","category-emotions","category-in-the-news","category-opinions","category-spitting-nails"],"_links":{"self":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57"}],"version-history":[{"count":0,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/57\/revisions"}],"wp:attachment":[{"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/claessen.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}