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Interim CEO Lanty Smith And Another Longtime Ally Pushed for Thompson Exit.

Authors :
Mollenkamp, Carrick
Enrich, David
bauerlein, Valerie
Dade, Corey
Simon, Ruth
Source :
Wall Street Journal - Eastern Edition. 6/3/2008, Vol. 251 Issue 129, pC1-C3. 2p. 2 Color Photographs.
Publication Year :
2008

Abstract

The article discusses circumstances surrounding the dismissal of Wachovia Corp. chief executive Ken Thompson. Thompson had long enjoyed the support of Wachovia board member Lanty L. Smith, who ultimately worked for Thompson's ouster. Another board member, Wallace D. Malone Jr., engaged in a year-long letter-writing campaign that assailed Thompson for destroying shareholder value.

Subjects

Subjects :
*BOARDS of directors

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
129
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
32465854