The Home Depot State of Affairs
Raymond SPHR
22 Posts
Anybody out there been following this story?
The former CEO is apparently walking away with way over 200 million. Now we find out the Ex VP of HR could probably walk away with between 15 and 20 million, plus retirement benefits, stock options and compensation already earned if he doesn't not want to work for the new CEO. Nardelli, former CEO hired the HR VP. They were old buddies from GE days.
My point? Well simply this. These kind of things only more incite the general public. Especially true are the reports this Home Depot management "team" may have practically destroyed the company's workforce, which was a customer-oriented environment before they came on board. It was a people-oriented business culture-now it is not what it once was and what made the company grow.
The thing that galls me the most is about 2 or 3 years ago the VP of Home Depot was hailed, by those that supposely know, as one of the best/brightest HR executives in the field. A real leader one, the highest paid HR person in USA, and we that should be emulating.
I hardly think so!
The real record speaks for itself.
The former CEO is apparently walking away with way over 200 million. Now we find out the Ex VP of HR could probably walk away with between 15 and 20 million, plus retirement benefits, stock options and compensation already earned if he doesn't not want to work for the new CEO. Nardelli, former CEO hired the HR VP. They were old buddies from GE days.
My point? Well simply this. These kind of things only more incite the general public. Especially true are the reports this Home Depot management "team" may have practically destroyed the company's workforce, which was a customer-oriented environment before they came on board. It was a people-oriented business culture-now it is not what it once was and what made the company grow.
The thing that galls me the most is about 2 or 3 years ago the VP of Home Depot was hailed, by those that supposely know, as one of the best/brightest HR executives in the field. A real leader one, the highest paid HR person in USA, and we that should be emulating.
I hardly think so!
The real record speaks for itself.
