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
ACLEDA Bank Bank had raised its issued and paid-up capital from US$88,372,500 to US$113,169,560. On June 24, 2015, ACLEDA Bank increased its share capital from US$225,535,605 to US$265,726,050. On June 8, 2016, ACLEDA Bank increased its share capital from $265,726,050 to $307,763,911. On May 12, 2017, ACLEDA Bank increased its share capital from $307,763,911 to $358,544,956. In 2008, ACLEDA Bank expanded its business to Laos, becoming the first Cambodian bank to begin operations within the country. As of December 31, 2017, ACLEDA manages 42 branches within Laos. Following the lifting of international sanctions on Myanmar in early 2012, the bank applied for