February 04, 2007
CEO Pay
This piece by Rich Lowry places the Nardelli story in context:
[I]t was understandable that Home Depot had desperately wanted a highly regarded former GE executive. According to The Economist, one study "found that the appointment of 20 GE executives as chairmen of other companies between 1989 and 2001 led to an immediate share-price gain averaging $1.1 billion."
Posted by Wilson Mixon at 01:35 PM in
Economics