G. Kennedy Thompson cash bonus of $0, stocks granted of $12,351,369, and options granted of $1,925,933. G. Kennedy Thompson G. Kennedy "Ken" Thompson (born November 25, 1950) is an American businessman who was previously chairman, president, and CEO of Wachovia Corporation, formerly First Union Corporation, from 2000 through 2008. First Union Corporation acquired Wachovia Corporation and changed its name to Wachovia in September 2001 after fending off a hostile takeover attempt by SunTrust Bank. Thompson succeeded Edward E. Crutchfield in 2000, who stepped down due to health reasons. Previous positions at First Union included vice chairman of the corporation and head of Global
Bank of Montreal v Innovation Credit Union entered into Saskatchewan's PPSA registry until June 2004. After this loan was provided, Buist also borrowed money from the Bank of Montreal, and several security agreements were executed between 1998 and January 2004. Buist did not disclose to the bank the loan from the credit union or its security interest, and, as it had not been registered, its existence did not appear in searches of the PPSA and "Bank Act" registries. The Bank's security interest was registered under the "Bank Act", and the PPSA in Saskatchewan does not allow parallel registration of such interests in its registry. Buist ultimately became