Bob Nardeli Quits Home Depot: The Debate on Executive Pay*



Case Code : CLHR023
Publication date : 2009
Subject : HROB
Industry : -
Length : 02 Pages
Price : Rs. 100

To download this case click on the button below, and select the case from the list of available cases:

Human Resource Management
Short Case Studies

Human Resource and
Organization Behavior Case Studies

ICMR Case Study Collection
ICMR Courseware
View Detailed Pricing Info

Key words:

CEO compensation, Executive compensation, Bob Nardelli, Home depot, severance package, golden parachute, shareholder management, public relations, Human, Resource, Management


* This caselet is intended for use only in class discussions.
** More comprehensive case studies are priced at Rs.200 to Rs.700 (US $5 to US $16) per copy.


ICMR India ICMR India ICMR India ICMR India RSS Feed

This case is on the issue of CEO Executive compensation, which came into intense discussion with the sudden exit of Home Depot CEO, Bob Nardelli. It discusses various dimensions of the eligibility of the top executives receives big-time pay packages.


On January 03, 2007, Bob Nardelli (Nardelli) quit as CEO after a six year stint at The Home Depot, Inc. (Home Depot), a US-based retail chain for home improvement products. Home Depot said that Nardelli would be replaced by Frank Blake, the company's vice chairman.

With US$ 81.5 billion in annual revenues (for fiscal 2005), Home Depot was the second largest retailer in the US, behind Wal-Mart Stores, Inc. (Wal-Mart), and third largest retailer in the world, behind Wal-Mart and Carrefour SA. Nardelli had joined Home Depot as CEO in the year 2000.

He had earlier worked in the General Electric Company (GE) as head of GE Power Systems, one of the most profitable businesses within GE...

Cases on related topics

1. Home Depot's Strategy under Bob Nardelli

2. Governance Issues at the New York Stock Exchange

3. Compensation Management

4. Disney - Succession Problems In The Magic Kingdom