Friday, January 05, 2007

Home Depot: What a Bunch of Jerks

Alma and I have had several bad experiences at Home Depot. Their stuff is junk, breaks easily, and their service is dubious. But adding insult to injury comes the stats that lead to and followed the resignation of the company's CEO. Between 2000, when he was hired, and this year, the guy made over $200 million in paychecks, stock options and bonuses, and his post-resignation severnece amounts to more or less the same huge number. That's over $400 million dollars in 6 years. For perspective, that much money would employ just under 14,000 people for a full year, paying them a generous $10 an hour.

That's just obscene.


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