J. Crew's Millard S. Drexler and VNU's David Calhoun are just two of the executives who are earning princely sums running companies that were acquired by by private equity firms. The New York Times reports that buyout firms are beginning to offer compensation on a previously unimaginable scale to the C.E.O.'s of their portfolio companies, even as Robert L. Nardelli's unceremonious departure from Home Depot may spell the end of the era of super-size pay packages for chief executives of public companies.
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