The Home Depot Inc.'s annual meeting Thursday was a far cry from last year's uninviting shareholder meeting. This time, all but one member of the board of directors attended and shareholders were allowed to speak critically and at length. But one thing didn't change: shareholder angst over hefty executive pay and lagging stock price. Home Depot was widely criticized for its meeting last year at which board members were no-shows, except former CEO Bob Nardelli, who didn't allow general questions.
May 25, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Home Depot Inc., which is considering selling its wholesale distribution business, is being prodded by a number of shareholders to keep the unit, Chief Executive Frank Blake said Thursday after the company’s annual meeting.
“There are certainly a lot of investors who have approached me and said they love Home Depot Supply as part of the Home Depot portfolio,” Blake told reporters.
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