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PNM Resources

May 10, 2008

Wachovia separates chairman, CEO roles

“In companies where the shareholders have lost some confidence, that is one of the go-to strategies for change”

PNM Resources re-markets long-term debt [Albuquerque] Wachovia Corp. has separated the roles of chairman and CEO, naming company board member Lanty Smith as chairman, a role previously held by CEO Ken Thompson. via Jacksonville Business Journal

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