G. Kennedy Thompson Securities and Exchange Commission, he will get a severance of $1.45 million and accelerated vesting of $7.25 million in restricted stock. Thompson had served the company for 32 years. Lanty Smith replaced Thompson as interim CEO. On July 10, 2008 Robert K. Steel, the former Treasury Undersecretary and Goldman Sachs Group Inc. executive, took over as CEO of Wachovia Corp. However, Wachovia only survived for two more months before it was forced to merge with Wells Fargo. While CEO of Wachovia in 2007, G. Kennedy Thompson received a total compensation of $15,653,559, which included a base salary of $1,090,000, a
Lucky Thompson Lucky Thompson Eli "Lucky" Thompson (June 16, 1924 – July 30, 2005) was an American jazz tenor and soprano saxophonist. While John Coltrane usually receives the most credit for bringing the soprano saxophone out of obsolescence in the early 1960s, Thompson (along with Steve Lacy) embraced the instrument earlier than Coltrane. Thompson was born in Columbia, South Carolina, and moved to Detroit, Michigan, during his childhood. Thompson had to raise his siblings after his mother died, and he practiced saxophone fingerings on a broom handle before acquiring his first instrument. He joined Erskine Hawkins' band in 1942 upon graduating from