Management Turnover as Change Agent

Wednesday, July 9, 2008

CEO Watch List - Wachovia, Update 2

Rick Rothacker of The Charlotte Observer wrote a story today in which he posited what he thought were thirteen potential candidates to replace former Wachovia WB (NYSE) CEO, Ken Thompson, who was forced out as CEO back in early June (see earlier blog). Rothacker's piece also focused on the stealth aspect of the search for Thompson's replacement. The story opens with the following question:
Who's the boss?

That's the big question hanging over Wachovia Corp., as the
Charlotte bank's search for a new chief executive extends beyond a

The uncertainty is weighing on employees as well as investors. The
stock is down nearly 35 percent since the board ousted Ken Thompson on June

Check out the list of potential contenders. Does anyone know of other potential candidates?

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