Monday, October 28, 2013

Former Wachovia CEO Ken Thompson joins Rinehart advisory board

Three big names in Charlotte banking will be joining the advisory board of a local boutique wealth management firm.

Former Wachovia CEO Ken Thompson, who left the bank in the summer of 2008 as mortgage problems became evident, will be the biggest name on Rinehart Wealth Management's new board.

Thompson still lives in Charlotte, and has been working as a principal at New York-based Aquiline Capital Partners and serves on BNC Bancorp's board.

He'll be joined by Charles Conner, one of the three co-founders of investment bank Bowles Hollowell Conner & Co. That firm rose to national prominence as one of the first to focus on middle-market companies.

Cindy Wolfe, the Charlotte president of Bank of the Ozarks, will be the third external member of the advisory board. Her bank opened its first full-service branch in the city in March, and is building another in Cornelius.

“Ken, Charles and Cindy are proven visionaries in the financial world,” firm CEO Mary Rinehart said in a statement. “Their vast knowledge and expertise, as well as their admirable community involvement, will be nothing short of beneficial to Rinehart’s future and our clients.”

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