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
Robert G. Thompson Robert G. Thompson Robert George Thompson (21 June 1915 in Grants Pass, Oregon – 16 October 1965 in New York City), was a distinguished US soldier who was awarded the Distinguished Service Cross (United States) during World War II but was later jailed for several years for his communist sympathies. Thompson's first foray into war was with the Spanish Republicans in the Civil War in Spain against General Franco and the Spanish Nationalists, as a battalion commander with the all-American volunteer Abraham Lincoln Brigade. Following the Spanish Civil War, Thompson saw action during World War II in the Pacific Theater.