Comments on: Home Depot shareholders still not over Nardelli

By: HD Associate

HD Associate — Sun, 29 Nov 2009 17:52:35 +0000

I have worked for Bernie, Arthur, Nardelli and Blake. For Bernie and Arthur, it was Personal, the business, the workers and the customers were important to them. Nardelli was a wanna-be military leader who took a family run atmosphere and turned it into militaristic rule. 98% of all top executives were replaced in the first year… none of them understand that the very core of Home Depot was respect for the customer and the employees. He cut Hundreds of personnel hours out of every store… in some cases he cut them in Half ! As experienced, knowledgeable staff left, inexperienced and uncaring workers took their place for 1/4 of the pay. Those that were left would often have to cover 3 or 4 departments by themselves. It was heartbreaking. @ DirtyDawg… Bernie and Arthur were not given a choice. They were asked to leave by the board because the company had gone from a 24% growth per year to only 10%… which if you look at Any company in its building years, it should have that kind of growth… once it reaches it’s saturation point it can’t sustain that level of growth. Nardelli’s rape and pillage approach to retail was almost its downfall. Blake is doing a better job, returning the message of core values to Home Depot but you can’t rip the heart and soul out of a company and then expect it to return to its former glory. As for Chrysler, I won’t buy a car from them Simply because they don’t have the common sense God gave them to hire someone who makes companies Work… not nearly fail. He has done it again to Chrysler and if someone else is crazy enough to hire him for round four of Lets Destroy A Company, that’s their own doom. At least with Home Depot I can excuse their stupidity by saying they didn’t realize it was his fault that nearly ruined GE until After he was hired.

By: PowerNail

PowerNail — Wed, 28 Oct 2009 04:26:37 +0000

Self-check outs under his rule say it all.. that’s why I shop at Lowes.

By: kevin

kevin — Sat, 30 May 2009 19:09:40 +0000

current employee of home depot… been with home depot for 11 years and sitll miss bernie and arthur. when this idiot, suck up from ge came to us we all could see problems right away. he tried to run the company like a manufacturing company rather than a retail company. too many reports and stupid base lines. might work in manufacturing but not in retail. the only thing he did was take away from customer satisfaction. i am glad he failed at chrysler. he should be labled as not one of the worst ceo’s in america.. but as the worse. any company hiring him should be forewarned… he will ruin you.

By: Jeff Johnson

Jeff Johnson — Fri, 29 May 2009 13:23:56 +0000

Do not get mad at Nardelli for accepting such a generous pay package. Would you have turned it down? Blame them that made the offer.

By: joe biden senior

joe biden senior — Thu, 28 May 2009 21:30:09 +0000

nardelli should take the likes of pelosi, reid and a host of other pieces of sewage and just disappear…

By: DirtyDawg

DirtyDawg — Thu, 28 May 2009 20:54:26 +0000

Hey Voice, if you don’t appreciate the fact that ‘pride’ in your company, your job and your fellow workers is what drives a service-based corporation – or indeed any corporation – then you just don’t get it. When management’s attitude toward employees changes for the worst, employee morale wanes. When employee morale wanes their enthusiasm for the job becomes apparent to all, especially to customers. Nardelli was the epitome of corporate leadership of the past twenty years – top management greed and a laissez-faire mindset that felt ‘not getting caught in a tax dodge was the same thing as not breaking the law in the first place. He never understood what made Home Depot successful, but what bothers me is that Bernie and Arthur didn’t make sure he did before they made him their successor. The one thing that says, at least to me, the most about Nardelli was that he was one of the most successful fund-raisers for Bush/Cheney. As one of their valued Rangers he accumulated tens of millions for the cause – a cause whose business philosophy has gotten us into this mess. Bob Nardelli should be a poster boy for what’s been wrong with US corporations – along with Ken Lay – both of which, by the way were Bush cronies, or perhaps it was the other way around.

By: MountainDawg

MountainDawg — Thu, 28 May 2009 20:46:19 +0000

Nardelli is another (grossly) overpaid Corporate shyster/raider with a “platinum parachute” who ran HD into the ground.

By: Ex Stockholder

Ex Stockholder — Thu, 28 May 2009 20:44:37 +0000

The entire Home Depot board of directors should have been indicted after the severence bonus they gave him. I sold my stock in protest
and will not do business…..

By: The Voice

The Voice — Thu, 28 May 2009 20:33:18 +0000

I hate to say it but Nardummy did not destroy the customer service. The employees did that by their “I don’t care if you find it or not” attitude. Just because you disagree with the management why would you take it out on the people that buy your products and pay your salary????

By: The Voice

The Voice — Thu, 28 May 2009 20:31:14 +0000

Gatorman rethink your statement. Do you really want the government involved in private and public held companies any more that they already are. Presbo Obamalama is making decisions for companies as large as GM and he has never held a job in the public sector. Make perfect sense to me.