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Wachovia board forces out CEO Ken Thompson

Posted June 2nd, 2008 by Guru
 
Read the full article: http://biz.yahoo.com/ap/080602/wachovia_ceo.html
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Another big CEO is forced out during the housing crunch and lowered earnings. Wachovia chief executive Ken Thompson was pushed out Monday as head of the nation's fourth-largest bank, following Stanley O'Neal at Merrill Lynch & Co. and Charles Prince at Citigroup Inc.

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Stock Symbol: WB WACHOVIA CP Stock Price: $16.75 Todays Change: +1.22 (+7.86%)

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