The first test case of the Obama administration's tougher executive compensation standards may very well be the man who a few years ago was a symbol of corporate excess: Robert L. Nardelli.
In 2007, Nardelli was ousted as chief executive of Home Depot after a series of strategic moves failed to boost the firm's stock price. Much to the outrage of shareholders and lawmakers, the company pushed Robert Nardelli out the door with a $210 million golden parachute.
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