Wachovia: CEO Salary Didn't Rise in '07

Davis, Paul
March 2008
American Banker;3/11/2008, Vol. 173 Issue 48, p2
Trade Publication
The author reports that Kennedy G. Thompson, the chief executive of Wachovia Corp., did not receive an increase in salary in 2007. According to the article, Thompson's salary was not increased due to the company's inabilities to meet performance goals. The amount which Wachovia's stock prices and earnings decreased in 2007 are mentioned.


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