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
W. G. Thompson W. G. Thompson William G. Thompson was an American educator, university administrator, and college football coach. Thompson attended Yale University. He served for fifteen years as the executive director of the Carlisle Indian Industrial School, school disciplinarian, and an instructor of business. He was also the school's first head football coach in 1893 and led the Indians to a 2–1 record. Thompson also coached the Carlisle baseball, basketball, and track teams for five years. From 1897 to 1907, he was in "practical charge of the athletics" at the school. In 1907, he left Carlisle to teach at Reading High School