Home Depot CEO severance package
Just read an article on MSN money about CEO severance packages.
“The biggest potential prize on the horizon? That would go to Robert Nardelli, who could collect more than $82 million for leaving Home Depot.”
Any reactions?
Replies
Think of the tax bill.
Phill Giles
The Unionville Woodwright
Unionville, Ontario
Yeah, poor guy will only have what ? HALF of it left ?
Quittin' Time
Naw, with income like that, and a big fleet of lawyers borrowed from the company, it'll be a structurted payout to minimize the tax effects. You can sleep easier now {G}_______________________
10 .... I have laid the foundation like an expert builder. Now others are building on it. But whoever is building on this foundation must be very careful.
11 For no one can lay any other foundation than the one we already have--Jesus Christ.
1 Corinthians 3:10-11
Whew. I was really beginning to feel sorry for the poor guy.
Now I can get on to more important things.
I'd really like to know which of my cats is kakking up hairballs on my bed. Do you think that HD could spare one of those lawyers so I could post a guard to catch which one it is ?
Quittin' Time
"Naw, with income like that, and a big fleet of lawyers borrowed from the company, it'll be a structurted payout to minimize the tax effects. You can sleep easier now {G}"
Bob, I though that you smarter than that.
Look what happened to the Sprint CEO and President. Not only where they fired, but might even go bankrupt if the IRS goes against there tax advice.