The Home Depot Inc. (NYSE:HD) announced today that it would be reforming its executive compensation procedures after the ousting of the company's former CEO Robert Nardelli. Nardelli was awarded more than $225 million in compensation during his six years with the company. According to an 8-K statement filed with the SEC, "On January 4, 2007, the Board of Directors of the Company approved an amendment to Article II, Section 6 of the Company’s Bylaws to require that two-thirds of the independent directors of the Board approve any compensation granted to the Company’s Chief Executive Officer." Investors are hoping that these changes will help prevent any future problems with executive compensation.