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
Credit Europe Bank Credit Europe Bank Credit Europe Bank (CEB) is a Dutch registered bank owned by the Turkish financial holding company FIBA Group. The bank is focused on corporate lending as well as on retail banking and operates in the euro-zone countries of the Netherlands, Belgium, Germany, Malta as well as in China, Dubai, Russia, Romania, Switzerland and Ukraine. The bank's strategy is to offer easy-to-use retail banking and SME products as well as private banking. It also offers trade finance and corporate banking services. It was originally the foreign units of Turkish bank Finansbank, but was renamed as Credit Europe Bank