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Bob Nardelli: Career overview of former Home Depot and Chrysler CEO
Bob Nardelli, an American business executive and investor, has an estimated net worth of $500 million. He is most recognized for his leadership roles as chairman and CEO of The Home Depot and Chrysler.
During his six-year tenure at The Home Depot, revenue grew from approximately $46 billion to $91 billion, and the company added about 1,000 stores. However, his leadership was marked by controversy due to underperforming stock and a massive compensation package, including a separation package valued at roughly $210 million upon his departure in 2007.
Nardelli later served as CEO of Chrysler during the global financial crisis and the company's 2009 bankruptcy and subsequent agreement with Fiat. His career also includes nearly 30 years at General Electric and roles with Cerberus Capital Management and his own firm, XLR-8.
Entities
Bob Nardelli · Cerberus Capital Management · Chrysler · General Electric · The Home Depot