Home alone
Home Depot's overpaid boss loses his job
LAST year was bad enough for America's chief executives, who lost their jobs in record numbers. But 2007 has got off to an awful start, with the abrupt departure on January 3rd of Home Depot's Bob Nardelli. His continued presence in the boss's chair had given hope to that dwindling band of corporate titans who still believe they can ignore newfangled ideas such as good corporate governance or pay that truly reflects performance.
This article appeared in the Business section of the print edition under the headline “Home alone”
From the January 6th 2007 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound
After Northvolt’s failure, who will make Europe’s EV batteries?
The continent looks ever more reliant on Asian producers