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« HP Loses Bid For No Action Letter | Main | Compare Zell and Crawford »

January 28, 2007

New Home Depot CEO Turns Down Pay

The new CEO of Home Depot, Frank Blake, rejected the board's first pay offer as too generous.  He refused, for example, a lucrative restricted stock package in favor of equity grants tied to performance goals. The Home Depot board needs to tighten up on its bargaining philosophy.   

January 28, 2007 in Corporate Governance | Permalink

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