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Wachovia ousts CEO Ken Thompson, taps Lanty Smith
(Reuters) - Wachovia Corp said on Monday it ousted Chief Executive Ken Thompson, following a series of disappointments that hurt the fourth-largest US bank and its performance.
kunc NewsRoom: Business - http://www.publicbroadcasting.net/kunc/news/
|||Annals of Crap Succession Planning, Wachovia Edition
Wachovia's board, led by its chairman of less than a month, Lanty Smith, has fired the CEO, Kennedy Thompson, with no idea of who's going to replace him. There's now an interim CEO (Smith) as well as an interim COO (Ben Jenkins). …
Portfolio.com: Market Movers - http://www.portfolio.com/views/blogs/market-movers/|||Wachovia ousts chairman2 hours ago
The current chairman, Lanty Smith, was appointed interim CEO, the Charlotte-based company said this morning in a statement. "No single precipitating event caused the board to reach this decision, but a series of previously disclosed …
inRich News Main - http://www.inrich.com/cva/ric/news.html|||Wachovia board forces out CEO Ken Thompson21 minutes ago
The board of the Charlotte-based bank said it asked Thompson, 58, to retire and replaced him on an interim basis with Chairman Lanty Smith. Smith replaced Thompson as chairman last month in a move the bank said "strengthens independent …
Kentucky.com: Business - http://www.kentucky.com/101/index.xml|||Wachovia Board Forces Out CEO Thompson
CHARLOTTE, NC — Wachovia's board of directors has asked Chief Executive Ken Thompson to retire. Thompson will be replaced on an interim basis by Lanty Smith. Smith currently serves as chairman of Charlotte, NC-based Wachovia Corp. …
Business on HuffingtonPost.com - http://www.huffingtonpost.com/feeds/verticals/business/index.xml|||Wachovia CEO ousted by board1 hour ago
The company said Chairman Lanty Smith been appointed interim chief executive officer. Ben Jenkins, currently vice chairman and president of the General Bank, will serve as interim chief operating officer. …
TheState.com: Breaking News - http://TheState.com/breaking/index.xml|||Wachovia Throws CEO Overboard7 minutes ago
Chairman Lanty Smith has been appointed interim CEO, effective immediately. Although Wachovia is saying that "no single event" brought about the firing of Thompson, the purchase of Golden West Financial in 2006 is sure to be blamed by …
Dealbreaker - http://dealbreaker.com/|||Wachovia ousts CEO1 hour ago
Wachovia has appointed Lanty Smith as interim chief executive officer. He succeeds Ken Thompson, who is retiring at the request of the board.
Financial Post - Top Stories - http://www.financialpost.com/|||Wachovia ousts CEO Thompson
Chairman Lanty Smith will act as interim CEO as Wachovia searches for a successor to Thompson, who was with Wachovia for 32 years and had been CEO since 2000. The shakeup comes less than two months after Wachovia slashed its dividend …
FORTUNE: Daily Briefing - http://dailybriefing.blogs.fortune.cnn.com/

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