
While it remains to be seen whether or not the bailout bill will curb top executive salaries and payouts, the topic of CEO compensation has always been the subject of controversy and gossip. In particular, the debate over severance packages circulates around what is fair and whether the executive should really be paid for a job that was not well done. One of the most memorable in recent history was the $210 million exit package awarded to Home Depot CEO Bob Nardelli in 2007.
With all the moving and shaking in the job market, we started thinking: What is the going-rate to fire a CEO executive these days anyway? Is there any correlation between a CEOs approval rating and the quality of their severance package?
Thanks to SEC requirements, various public records and Glassdoor’s CEO approval ratings system, we wanted to see if there is any consistency in how severance packages have been awarded to CEOs that have recently been asked to see themselves out the door.






