Jun 02, 2008 · CEO Ken Thompson is stepping down at the board's request, just weeks after he was stripped of the chairman title in the wake of massive losses. Chairman Lanty Smith, who. took over the role. from ...

Jun 02, 2008 · Wachovia ousts CEO Thompson after losses mount. ... The fourth-largest U.S. bank’s move to replace Ken Thompson, who has presided over a 57 percent drop in its share price over the past year ...

Jun 02, 2008 · Even when now-former Wachovia CEO Ken Thompson lost his chairman's position a month ago, it barely registered. So what? He still ran the bank. But now that Wachovia's board has forced him to retire, the bank troubles seem very real in Charlotte indeed. This doesn't happen here. The Hugh McColls and Ed Crutchfields gracefully retire, making room ...

Jun 02, 2008 · Wachovia Corp. chief executive officer Ken Thompson will step down at the request of the bank's board, the company announced Monday, becoming the latest CEO casualty of the credit crunch.

Jun 24, 2022 · G. Kennedy (Ken) Thompson serves as Independent Director of the Company. Mr. Thompson was a partner of Aquiline Capital Partners, a New York based private equity firm, since 2009, and retired from Aquiline Capital Partners on April 1, 2018. From 1999 to 2008, Mr. Thompson was President and Chief Executive Officer of Wachovia Corporation. Mr.

Oct 13, 2022 · Wachovia’s directors dismissed Thompson in June and in July named as CEO former Treasury undersecretary Robert Steel, who helped engineer the sale to Wells Fargo. “Ken Thompson was an innocent in a world that was a little more complicated than he thought,” said Robert Gnaizda, general counsel at the Greenlining Institute, a public-policy ...

Aug 28, 2001 · As previously announced, First Union's Ken Thompson will be CEO of the combined Wachovia while Bud Baker will serve as chairman of the company.

Oct 21, 2011 · “We both have what each other needs,” Wachovia CEO Ken Thompson said in an interview. Golden West’s major product is adjustable-rate mortgages. “They need all kinds of [checking accounts], mutual funds, investments and those kinds of things,” Thompson said. “We are fully armed with those products. …

Aug 01, 2008 · Steel was named Wachovia CEO on July 9. He succeeded Ken Thompson, who retired as CEO on June 1 at the request of the bank’s board. Wachovia (NYSE:WB) is the largest bank in Philadelphia ranked ...

Mar 09, 2007 · Wachovia Corp. <WB.N> said chief executive Ken Thompson was awarded $23.85 million of compensation for 2006, about 41 percent more than a year earlier, although the shares of the fourth-largest U ...

Jun 04, 2008 · Wachovia said its board ousted Chief Executive Ken Thompson, replacing him on an interim basis with Chairman Lanty Smith. The move comes nearly a month after Wachovia shifted Thompson out of the ...

Jun 02, 2008 · We can't get enough of the downfall of Ken Thompson, the as-of-this-morning former chief executive of Wachovia.Thompson hoped to preside over the growth of the bank into a universal banking powerhouse

Nov 21, 2011 · "Bob was honest and direct." Kelly sparred frequently with CEO Ken Thompson, who wanted to make Wachovia a big player in capital markets, a business Kelly disliked. "I don't see it that way," he'd ...