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Last week, Wachovia stripped Thompson of his title as chairman and named board member Lanty Smith as nonexecutive chairman. Thompson remains CEO. Separately on Monday, Wachovia said Jane Sherburne will succeed retiring Mark Treanor as ...

Lanty Smith, CEO of the bank Tippet Capital and board member of Wachovia (NYSE: WB - news) will resume the post of non-executive chairman. This year, Ken Thompson had recognized that the acquisition of Golden West Financial in 2006 to ...

On Thursday, the bank’s board voted to remove his chairman title, handing the post to independent lead director Lanty Smith. The bank said the move gives Thompson more time to focus on running the company, while some analysts saw it as ...

Wachovia has removed Ken Thompson at Chairman and replaced him with Board Member Lanty Smith. Thompson will remain Wachovia's CEO. No big change there. Things will pretty much remain the same.

President and CEO Ken Thompson announced today that the roles of Chairman and CEO have been separated and that Lanty Smith will serve as non-executive Chairman of the Board of Directors Read More. Tokyo, May 10, 2008 (Jiji Press) ...