Home Depot ( HD) finally got around to renovating its executive suite. The huge home improvement retailer parted ways with CEO Bob Nardelli. He raked in megabucks for six years while overseeing the collapse of the company's reputation for robust customer service. Shares sank, and customers fled to rival Lowe's ( LOW). Until recently, it was hard to tell whether any of this even registered with Home Depot's board. No outside directors bothered to show up for its annual meeting back on May 25. But apparently, even Home Depot has its limits. On Wednesday, the Atlanta-based company said it and Nardelli had "mutually agreed" to his departure. "We are very grateful to Bob for his strong leadership of The Home Depot over the past six years," the board said. If anyone should be grateful, though, it's Nardelli. He'll get a staggering $210 million to leave, on top of the many millions he has already reaped -- this despite the 7% decline in Home Depot stock over his sorry tenure. A sagging stock isn't Nardelli's only legacy. Late last year, hearing the drumbeat of activist shareholders, he scraped together $3 billion for a massive share buyback -- while starving retail stores of a badly needed overhaul. It's no wonder disgruntled shareholder Relational Investors complained last month of Home Depot's "deficient strategy, operations, capital allocation and governance." Nardelli didn't get where he is by being modest, though. "I am extremely proud," Nardelli said, "of what we have accomplished at The Home Depot since 2000." Yes, Bob, robbing shareholders blind is a real feather in your cap. Dumb-o-Meter score: 93. "I believe that I leave a stronger and more resilient company than when I arrived," Nardelli says.