I write regarding the soon-to-be-vacant position of CEO of Home Depot. As I understand it, the position pays well, little is demanded in terms of results, and the exit package is great. I would like to be hired to fill the CEO position. I realize Frank Blake has been tapped as the new CEO, but I would like to think of myself as someone who could fill Nardelli’s shoes for less money than Blake requires.
Alternatively, I would like to be nominated to serve on the Board of Directors of Home Depot. Where else can I find a job where I actually do not need to show up?
Thank you for your attention to these matters. I look forward to working with you (minimally), and I really look forward to collecting a large paycheck from you.
Best regards,
Elizabeth Nowicki, Radical Shareholder Primacist Qua Budding Potential (and cheap)Â CEO
[This is the second time I have reached out to the Home Depot BOD. I am not optimistic that they will be blogging back. Some day I would like to ask Lucien Bebchuk if he really believes the executive pay problem will resolve itself.]