Home Depot Lessons

July 2006
NACD Directorship;Jul/Aug2006, Vol. 32 Issue 7, p10
The article reports on the dispute between directors and shareholders at the annual meeting of Home Depot which resulted to a lawsuit filed against the directors of the company. The point of contention which focused on the issue of CEO compensation is explained. The lesson that can be learned from the disadvantageous reaction of directors to criticisms from shareholders on the issue of CEO compensation is cited.


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