BUSINESS
03/10/2009 05:12 am ET Updated May 25, 2011

Chrysler Chief Could Be First Test Case Of CEO Pay Limits

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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