January 04, 2007

Homedepot ousts chief

Robert L. Nardelli, the chairman and chief executive of Home Depot was asked to leave Hoemdeopt with a exit package of $210 million. Next day Shares of Home Depot rose 2.3 percent, or 91 cents, to $41.07. He earned the nickname "general" — and, hired dozens of former military officers to run stores, a recruitment strategy he introduced at G.E.

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