Add It Up: Rich chiefs
March 10th, 2008 by Thomas Wheatley in Add it upAmount Coca-Cola Co. paid former CEO Neville Isdell in 2007: $31.9 million
Amount Coca-Cola paid current CEO Muhtar Kent in 2007: $8.7 million
Average salary of an account manager (sales) at Coca-Cola: $38,327
Amount Home Depot paid former CEO Robert Nardelli in 2006: $13.1 million
Value of Nardelli’s Home Depot severance package: $210 million
People Home Depot laid off from its Vinings headquarters in January: 500
Amount Southern Co. paid CEO David Ratcliffe in 2006: $7.8 million
Annual salary for “utility worker” position advertised on Southern Co.’s website: $24,696
Sources: Atlanta Journal-Constitution, PayScale, Executive PayWatch Database, CFO magazine, Fortune magazine, Athens Banner-Herald, New York Times
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March 10th, 2008 at 6:23 pm
quick thomas, what is 210million divided by 500, divided by $7perhour, times 38hoursperweek,times 52weeks a year?