First Union's Choice for President Built Reputation in Capital Markets
Weidner, David, American Banker
In the last three years of a 23-year career at First Union Corp., G. Kennedy Thompson has been on a remarkable rise.
He reached new heights Thursday when the Charlotte, N.C., banking company said Mr. Thompson, a vice chairman and head of capital markets, will become president and chief operating officer at yearend. He succeeds John R. Georgius, who is leaving First Union.
It was a move that surprised few observers. At a bank mired in profitability and customer service issues, Mr. Thompson, 48, carried a reputation as a banker armed with an uncanny knowledge of how to build a business-even one he wasn't expert in.
"I don't believe you need to know everything …
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Publication information: Article title: First Union's Choice for President Built Reputation in Capital Markets. Contributors: Weidner, David - Author. Magazine title: American Banker. Volume: 164. Issue: 146 Publication date: August 2, 1999. Page number: 1. © 2009 SourceMedia, Inc. COPYRIGHT 1999 Gale Group.
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