Exec Options Backdated? I’m Shocked!Numerous news reports and blog postings have been aghast at the fact that some execs were setting the price of their option grants at the lowest price in the period. They are simply stunned that these execs would take advantage of the system. “How could they?” Oh, grow up. Nothing [...]
Perfect Symbol for Today’s CEO?Big pay package, perks aplenty, hobnob with the famous… who wouldn’t want to be a CEO? And there is no shortage of wannabes and/or scoundrels among the CEO ranks. But I’ve been around a large number of CEOs and one can tell the good from the bad pretty quickly. And [...]
Home Depot’s Autocracy Holds Annual MeetingAs if all the other things about HD weren’t enough, Bob Nardelli of Home Depot ruled with an iron fist over their annual meeting the other day. Reports are that he controlled all the discussion, allowed no dissent, and brushed off concerns over his massive pay package. Not a single [...]
Home Depot’s Nardelli Gets What is ComingWell Bob, it worked. This great PR offensive (see these posts about it here and here) worked wonders, the board bought all this stuff, and they rewarded you handsomely. In the last five years, you’ve received some $200 million in salary, bonus, stock, stock options, and other perks. In 2005 [...]
Home Depot’s “Culture Change” OffensiveNot long after Home Depot‘s Bob Nardelli unleashed his silly PR offensive designed to get him more money (see the post here), he managed to get someone to whip up an article designed to show he reads management articles too. The Harvard Business Review‘s Ram Charan wrote a puff piece [...]
Home Depot’s Army MentalityBack in March Home Depot unleashed what could only be called a PR offensive [ed: pun intended]. There was this great BusinessWeek cover story, a couple of other minor articles and mentions, and then a Harvard Business Review piece, all about how Bob Nardelli was wonderful. Heck, the BusinessWeek article [...]