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Article: Ousted Execs Struggling to Get Back in.
- Article from:
- American Banker
- Article date:
- July 7, 2009
- Author:
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Byline: Paul Davis
It took time, but G. Kennedy Thompson is back.
The former CEO of Wachovia Corp. is working again more than a year after he was ousted by the Charlotte company's board when the purchase of Golden West Financial Corp. blew up. He seemingly disappeared last year as the company hired a successor, more turmoil followed and Wachovia was sold to Wells Fargo & Co.
"I always knew I would go back to work," Thompson says from the New York office of Aquiline Capital Partners LLC, where he has been an executive adviser since the spring. "It was a very difficult year and a painful experience when a company I spent 32 years with is no ...