Wachovia Takeover of....the United Way of Central Carolinas

I love it when the topics of my blog converge. Today it's two struggling QC entities: the United Way and Wachovia. We learn from the Observer that "United Way board chairman Graham Denton resigns." The Observer notes, "The pay controversy at the United Way of Central Carolinas has claimed another agency leader: Board chairman Graham Denton resigned today. Carlos Evans, a Wachovia executive, has taken his place." This comes on the heels of Mac Everett, a former Wachovia executive, stepping into former president Gloria King's position and a $20,000 monthly salary.

Why is Wachovia doubling down on the United Way of Carolinas? What ever happened to sharing the responsibility of the United Way with others (like Bank of America, Duke Power, hello?). Wachovia has enough on its plate trying to steer the helm of their own organization.

The United Way of the Carolinas is not an organization that should be saved in its current form, it needs to be overhauled. Changing its policies and infrastructure are what's required and movement in those areas would signal to donors that "change is in the air." Wouldn't it be great for Wachovia to take the lead on an overhaul at United Way. It'd be win, win for both their images. I'll be waiting for that massive overall announcement from our new United Way/Wachovia Board Chair and President (cue crickets).