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Examples
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Bloomberg News Robert Nardelli, now at Cerberus Mr. Nardelli's next big job— running Chrysler LLC—also ended badly.
GE Also-Rans Got Top Jobs Elsewhere, to Mixed Results Joann S. Lublin 2011
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Last but not least, you have to admire Nardelli's diabolical genius: he was able to walk away from his legacy of incompetence and mediocrity with over $240 million in compensation.
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Warranty Commitment Program Obama's remarks Monday on auto-industry restructuring GM CEO Wagoner's statement on his resignation GM's Fritz Henderson's statement on challenges ahead Nardelli's remarks on state of proposed Chrysler-Fiat alliance Sending GM and Chrysler into bankruptcy isn't a done deal.
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Warranty Commitment Program Obama's remarks Monday on auto-industry restructuring GM CEO Wagoner's statement on his resignation GM's Fritz Henderson's statement on challenges ahead Nardelli's remarks on state of proposed Chrysler-Fiat alliance A key ingredient is getting the UAW to agree to an entirely new labor contract, including major reductions in health-care benefits, according to several people involved in the matter.
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To those critics who see it as one more step in the slide from free-market capitalism to wholesale looting, I say: What do you really know about Nardelli's circumstances?
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So what if Home Depot's stock fell from $50 to $41 on Nardelli's watch?
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The sad thing is that if the Big Three has thought in terms of real global trends -- in oil prices, in changing attitudes about global warming -- instead of dispensing smokescreens such as Nardelli's "globality," Detroit might be providing leadership rather than lurching toward its imminent demise.
Matthew DeBord: "Globality" and the U.S. Car Business Go Down for the Count 2008
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When Nardelli's hiring was announced, the stock price jumped 4% and kept rising into the next proxy season, by which time all the details of Nardelli's pay structure, including his severance, had been thoroughly disclosed.
CEOs Aren't Overpaid 2008
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The best thing you can say about Nardelli's reign is that he didn't screw up the minivan.
Matthew DeBord: "Globality" and the U.S. Car Business Go Down for the Count 2008
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Possibly they're trying to send a message to us stingy 20 percent-ers: that 300 percent (based on Nardelli's $64 million earnings over his six year tenure) is more like it.
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