Less than a month after losing his chairman post, Ken Thompson is out as Wachovia’s chief executive officer as the Charlotte, N.C., bank wrestles with mounting losses from its troubled Golden ...

Ken Thompson has retired as CEO of Wachovia Corp. at the request of the bank's board, which has named Chairman Lanty Smith as interim CEO. Company veteran Ben Jenkins, who is president of the ...

NEW YORK (CNNMoney.com) -- Wachovia Corp. Chief Executive Ken Thompson became the latest casualty of the credit crunch on Monday when he stepped down under pressure from the bank's board.

Wachovia CEO Ken Thompson made the PR rounds earlier today, granting a wide-ranging interview to the Associated Press in which the chief executive of the fourth largest bank in the U.S. affirmed ...

NEW YORK (CNNMoney.com) -- Wachovia Chairman and CEO Ken Thompson defended plans to raise $7 billion in capital through a stock offering announced Monday, citing fears of a protracted downturn in ...

Many of the job cuts would be done through attrition, said Ken Thompson, Wachovia’s chief executive, chairman and president. Wachovia would get SouthTrust’s 60 branches in Texas, which ...

Wachovia Corp. chief executive Ken Thompson was pushed out Monday as head of the nation’s fourth-largest bank, becoming the latest financial services executive to be ousted amid turmoil in the U ...

In his first five years as chief executive of First Union—later to become Wachovia (WB)—Ken Thompson was the antithesis of a big-bank CEO. While his predecessor, Ed Crutchfield Jr., famously ...

“We are not happy with this quarter from a revenue standpoint,” Ken Thompson, Wachovia’s chairman and chief executive, said during a conference call. He added that he was “not panicky ...

Charlotte-based LendingTree has a new shareholder: Former Wachovia CEO Ken Thompson, who is shown here in a 2008 file photo. Chuck Burton ASSOCIATED PRESS Charlotte-based LendingTree has a new ...

"Once again our team delivered double-digit earnings growth," said Ken Thompson, Wachovia chairman and chief executive. "Our focus on cost control and risk management continues to provide ...

“This transaction gives us clear leadership in a number of attractive, high-growth states, and extends our reach into new Southeastern and Southwestern states,” Ken Thompson, Wachovia’s ...