People: Capital One Financial Corp (COF)
COF on New York Consolidated
60.83USD
17 May 2013
60.83USD
17 May 2013
Price Change (% chg)
$1.68 (+2.84%)
$1.68 (+2.84%)
Prev Close
$59.15
$59.15
Open
$59.51
$59.51
Day's High
$60.95
$60.95
Day's Low
$59.38
$59.38
Volume
4,108,234
4,108,234
Avg. Vol
4,978,388
4,978,388
52-wk High
$62.92
$62.92
52-wk Low
$47.99
$47.99
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Richard Fairbank |
62 | 2003 | Chairman of the Board, President, Chief Executive Officer |
Gary Perlin |
61 | 2011 | Chief Financial Officer |
Ryan Schneider |
43 | 2007 | President - Card |
Michael Slocum |
56 | 2011 | President - Commercial Banking |
Jonathan Witter |
43 | 2012 | President - Retail and Direct Banking |
Sanjiv Yajnik |
56 | 2009 | President - Financial Services |
Jory Berson |
42 | 2009 | Chief Human Resource Officer |
Robert Alexander |
48 | 2007 | Chief Information Officer |
Kevin Borgmann |
41 | 2013 | Chief Risk Officer |
John Finneran |
63 | 2000 | General Counsel, Corporate Secretary |
Frank LaPrade |
46 | 2011 | Chief Enterprise Services Officer, Chief of Staff to the CEO |
W. Ronald Dietz |
70 | 1995 | Independent Director |
Patrick Gross |
68 | 1995 | Independent Director |
Ann Hackett |
59 | 2004 | Presiding Independent Director |
Lewis Hay |
57 | 2003 | Independent Director |
Benjamin Jenkins |
68 | 2013 | Independent Director |
Pierre Leroy |
64 | 2005 | Independent Director |
Peter Raskind |
56 | 2012 | Independent Director |
Mayo Shattuck |
58 | 2003 | Independent Director |
Bradford Warner |
61 | 2008 | Independent Director |
Catherine West |
53 | 2013 | Independent Director |
Biographies
| Name | Description |
|---|---|
Richard Fairbank |
Mr. Richard D. Fairbank is Chairman of the Board, President, Chief Executive Officer of Capital One Financial Corporation. Mr. Fairbank also serves as Chairman of Capital One Bank (USA), National Association, Capital One, National Association and ING Bank, fsb. Mr. Fairbank has been a director of Capital One since July 26, 1994. Mr. Fairbank was appointed as the Fifth Federal Reserve District’s representative on the Federal Advisory Council, effective January 1, 2010. As a member of the Council, he confers periodically with the Board of Governors of the Federal Reserve System on business conditions and issues related to the banking industry. Mr. Fairbank also served on MasterCard International’s Global Board of Directors from February 2004 until May 2006 and, prior to that, as Chairman of MasterCard’s U.S. Region Board. Mr. Fairbank’s experience in the business as founder and Chief Executive Officer of Capital One, his responsibilities for the strategic direction and management of Capital One’s day-to-day operations and his roles with the Federal Advisory Council and MasterCard International bring broad industry and specific institutional knowledge and experience to the Board of Directors. |
Gary Perlin |
Mr. Gary L. Perlin is no longer Chief Financial Officer of Capital One Financial Corporation, effective May 24, 2013. Mr. Perlin joined Capital One in July 2003, and since that time he has served as Capital One’s Chief Financial Officer. Mr. Perlin is responsible for Capital One’s corporate finance, corporate accounting and reporting, planning and financial risk management, treasury and investor relations functions. Mr. Perlin also serves as a director of Capital One, National Association, Capital One Bank (USA). |
Ryan Schneider |
Mr. Ryan M. Schneider is President - Card of Capital One Financial Corporation. Mr. Schneider joined Capital One in December 2001. From December 2001 to December 2007, Mr. Schneider held a variety of positions within Capital One including Executive Vice President, Auto Finance and Executive Vice President, US Card. Mr. Schneider became President, Card in December 2007, and in this role he is responsible for all of Capital One’s consumer and small business credit card lines of business, including those in the United States, the United Kingdom and Canada. Mr. Schneider also serves as a director of Capital One Bank (USA), National Association. |
Michael Slocum |
Mr. Michael C. Slocum is President - Commercial Banking of Capital One Financial Corporation. Mr. Slocum joined Capital One in August 2007. From August 2007 to September 2011, Mr. Slocum was Executive Vice President of Capital One’s Banking Business, the company’s Commercial Banking business including asset-based lending, leasing and private banking. Mr. Slocum became President, Commercial Banking in September 2011 and in this role he is responsible for multiple broad lines of business, including Commercial Real Estate, Middle Market Banking, Commercial & Specialty Finance and Treasury Services. Before joining Capital One, Mr. Slocum served in various leadership roles at Wachovia Bank (now Wells Fargo & Company), a provider of consumer and commercial financial services, including as the Regional Chief Executive Officer for Northeastern US. |
Jonathan Witter |
Mr. Jonathan W. Witter is President - Retail and Direct Banking of Capital One Financial Corporation. Mr. Witter joined Capital One in December 2010 as an Executive Vice President in Retail Banking. From September 2011 until February 2012, Mr. Witter served as President, Retail and Small Business Banking. In February 2012, he became President, Retail and Direct Banking and in this role, he provides strategic direction and leadership for the Retail and Direct Banking organization and is responsible for more than 14,000 associates, nearly 1,000 branch and office locations, and 2,200 ATMs in California, Connecticut, Delaware, Louisiana, Maryland, Minnesota, New Jersey, New York, Texas, Virginia, Washington and Washington, D.C. In February 2012, Mr. Witter also became a director of ING Bank, fsb. Prior to joining Capital One, Mr. Witter held various positions, including executive vice president and head of general Bank Distribution at Wachovia, managing director and president of Morgan Stanley Private Bank NA, a global financial services firm, and Chief Operating Officer of Morgan Stanley's Retail Banking Group. |
Sanjiv Yajnik |
Mr. Sanjiv Yajnik is President - Financial Services of Capital One Financial Corporation. Mr. Yajnik joined Capital One in July 1998. From July 1998 to June 2009, Mr. Yajnik held a number of positions within Capital One’s European credit card business, Canadian credit card business and small business services organization. Mr. Yajnik became President, Financial Services in June 2009, and in this role he is responsible for overseeing Capital One’s auto finance and home loans businesses. Mr. Yajnik also serves as a director of Capital One, National Association. Prior to joining Capital One, Mr. Yajnik held a broad range of positions, including General Manager at Circuit City Stores (USA), Market Manager at PepsiCo (Canada), and Chief Engineer at Mobil Oil (International). |
Jory Berson |
Mr. Jory A. Berson is Chief Human Resources Officer of Capital One Financial Corporation. Mr. Berson joined Capital One in July 1992. From July 1992 to June 2009, Mr. Berson held a variety of roles at Capital One, including President, Financial Services and President, U.S. Card. In June 2009, Mr. Berson became Chief Human Resources Officer, and in this role Mr. Berson is responsible for overseeing Capital One’s Human Resources strategy, recruitment efforts, development programs and corporate real estate portfolio. |
Robert Alexander |
Mr. Robert M. Alexander is Chief Information Officer of Capital One Financial Corporation. Mr. Alexander joined Capital One in April 1998. From April 1998 to May 2007, Mr. Alexander had responsibility at various times for a number of Capital One’s lending businesses, including the U.S. consumer credit card and installment loan businesses. Mr. Alexander became Chief Information Officer in May 2007, and in this role he is responsible for overseeing all technology activities for Capital One. |
Kevin Borgmann |
Mr. Kevin S. Borgmann is Chief Risk Officer of Capital One Financial Corporation, since January 31, 2013. He is responsible for overseeing Capital One’s credit, compliance, operational and enterprise risk management functions. Mr. Borgmann joined Capital One in August 2001. Since that time he has served in a variety of roles in Capital One’s Corporate Strategy, Partnership Finance, Upmarket Acquisitions, Credit Card, Auto Finance and Risk departments, including serving as Senior Vice President with the Credit Card Division from March 2008 until September 2010, President of Capital One Auto Finance from September 2010 until October 2012 and Deputy Chief Risk Officer from October 2012 until January 31, 2013. |
John Finneran |
Mr. John G. Finneran, Jr., is General Counsel and Corporate Secretary of Capital One Financial Corporation. Mr. Finneran joined Capital One in September 1994. Since that time, he has served as General Counsel and Corporate Secretary and is responsible for managing Capital One’s legal, governmental affairs, corporate governance, regulatory relations and corporate affairs departments. He also manages Capital One’s internal audit department for administrative purposes. |
Frank LaPrade |
Mr. Frank G. LaPrade, III, is Chief Enterprise Services Officer, Chief of Staff to the CEO of Capital One Financial Corporation. Mr. LaPrade joined Capital One in January 1996. Since that time he has served in various positions, including as Capital One’s Deputy General Counsel responsible for managing the company’s litigation, employment, intellectual property and transactional practice areas. In 2004, Mr. LaPrade became Chief of Staff to the Chief Executive Officer. In 2010, Mr. LaPrade added responsibilities as Chief Enterprise Services Officer. In that capacity, Mr. LaPrade manages Information Technology, Brand Marketing, Corporate Development and Digital Banking for the company. |
W. Ronald Dietz |
Mr. W. Ronald Dietz is Independent Director of Capital One Financial Corporation. Mr. Dietz is Vice Chairman of the Board of Directors of W.M. Putnam Company (“Putnam”), a nationwide provider of outsourced facilities management services to companies with networks of offices or retail stores. Mr. Dietz joined Putnam in January 2001 as President and a director and became President, Chief Executive Officer and director in 2004. In 2010, he retired as President and Chief Executive Officer. Previously, he was a Managing Partner of Customer Contact Solutions, LLC (“CCS”), an advisory firm offering services in a broad range of customer treatment and call center performance and risk management areas. Mr. Dietz has been a director of Capital One Financial Corporation since February 28, 1995 and is also a director of Capital One Bank (USA), National Association, Capital One, National Association and ING Bank, fsb. He has been Chair of the Audit and Risk Committee since 1995 and has been a member of the Finance and Trust Oversight Committee since July 2003. Mr. Dietz is also a member of the NACD National Audit Chair Advisory Council as well as the PRMIA Blue Ribbon Advisory Panel. He has written several articles on various aspects of risk management. |
Patrick Gross |
Mr. Patrick W. Gross is Independent Director of Capital One Financial Corporation. Mr. Gross is Chairman of The Lovell Group, a private business and technology advisory and investment firm he founded in 2002 to work with private venture-funded technology companies on a range of business, management and financial strategies. Prior to his role with Lovell, he was a founder, and served as a principal executive officer from 1970 to 2002, of American Management Systems, Inc. (“AMS”), an information technology, consulting, software development and systems integration firm. He has been a director of Capital One Financial Corporation since February 28, 1995 and is also a director of Capital One, National Association and ING Bank, fsb. He has served on the Audit and Risk Committee since March 1995, the Compensation Committee since April 2005 and the Governance and Nominating Committee since April 2008. Mr. Gross is currently a director of the following publicly-held companies: Career Education Corporation; Liquidity Services, Inc.; Rosetta Stone, Inc.; Taleo Corporation; and Waste Management, Inc. In addition to Capital One, he serves on four other public company audit committees. Mr. Gross also served on the boards of Mobius Management Systems, Inc. from 2002 through 2007 and of Computer Network Technology Corporation from 1997 through 2006. Mr. Gross’s experience in applying information technology, advanced data analytics and risk management analytics within global financial services firms, as well as his roles in founding and AMS and with other public company boards, assists the Board of Directors in overseeing, among other matters, Capital One’s entrepreneurial innovations and information systems. |
Ann Hackett |
Ms. Ann Fritz Hackett is Presiding Independent Director of Capital One Financial Corporation. Ms. Hackett has been President of Horizon Consulting Group, LLC since she founded the company in 1996. Horizon Consulting Group provides strategic, organizational and human resources advice to clients worldwide. She has worked with boards of directors, chief executive officers and senior executives to identify strategic opportunities and execute solutions during periods of business and financial challenges. Prior to Horizon Consulting, Ms. Hackett was Vice President and Partner of a national strategy consulting firm where she served on the Management Committee and, among other assignments, led Human Resources and developed in managing cultural change, creating performance management processes and a performance-based culture, nurturing leadership talent and planning for executive succession. Ms. Hackett has been a director of Capital One Financial Corporation since October 27, 2004, and is also a director of Capital One Bank (USA), National Association. She has served on the Audit and Risk and Governance and Nominating Committees since October 2004 and on the Compensation Committee since April 2005. Ms. Hackett became the Chair of the Governance and Nominating Committee and the Lead Director in April 2007. She is also a director of Fortune Brands Home & Security, Inc., an industry home and security products company. She is also a director of Beam, Inc. In 2012, Ms. Hackett joined the Tapestry Networks’ Lead Director Network, a select group of lead directors who collaborate on matters regarding board leadership. Ms. Hackett has experience in change initiatives, talent management and succession planning and in creating performance management processes and performance-based compensation. She also has experience in corporate governance and risk matters as a result of her participation with public company boards of directors and related governance committees, non-profit boards and consulting engagements. |
Lewis Hay |
Mr. Lewis Hay, III, is Independent Director of Capital One Financial Corporation. Mr. Hay has been Chairman and Chief Executive Officer of NextEra Energy, Inc. (formerly FPL Group, Inc.), one of the nation’s electricity-related services companies and the renewable energy generator in North America, since January 2002. He joined NextEra Energy in 1999 as Vice President, Finance and Chief Financial Officer and became President of NextEra Energy Resources, LLC (formerly FPL Energy, LLC) in March 2000. He became a director and the President and Chief Executive Officer of NextEra Energy in June 2001. Prior to joining NextEra Energy, Mr. Hay was Executive Vice President and Chief Financial Officer of US Food Service where he was responsible for finance and accounting, treasury, credit, investor relations, mergers and acquisitions, and information systems. Mr. Hay has been a director of Capital One Financial Corporation since October 31, 2003, and is also a director of Capital One Bank (USA), National Association. He has served on the Compensation Committee since April 2004, the Finance and Trust Oversight Committee, of which he has served as Chair, since April 2005, and the Governance and Nominating Committee since April 2007. He is also a director of Harris Corporation. In February 2011, Mr. Hay was appointed to President Obama’s President’s Council on Jobs and Competitiveness. Mr. Hay has knowledge of complex strategic, operational, management, regulatory, financial and governance issues faced by a public company. |
Benjamin Jenkins |
Mr. Benjamin P. Jenkins, III, is appointed as Independent Director of Capital One Financial Corporation, since February 19, 2013. Most recently, from January 2009 to January 2011, Mr. Jenkins served as Senior Advisor, Managing Director, and Vice Chairman for Retail Banking at Morgan Stanley & Co., a financial services firm, in New York. Prior to that, he had a 38-year career with Wachovia Corporation (now Wells Fargo & Company), a financial services company, where he was Vice Chairman and President of the General Banking Group. He is credited with advancing the profitability of the General Bank through improvements in customer service and the reduction of customer attrition to industry levels. He and his team were instrumental in the integration of the First Union/Wachovia and Wachovia/SouthTrust mergers, and Mr. Jenkins led the expansion of Wachovia’s banking network. |
Pierre Leroy |
Mr. Pierre E. Leroy is Independent Director of Capital One Financial Corporation. Mr. Leroy was appointed Executive Chairman of Vigilant Video, Inc., a provider of video analytics software and systems, on March 1, 2012. Mr. Leroy retired in 2005 from Deere & Company as President of both the Worldwide Construction & Forestry Division and the Global Parts Division. During his professional career with Deere, Mr. Leroy served in a number of positions in Finance, including Treasurer, Vice-President and Treasurer, and Senior Vice-President and Chief Financial Officer. Mr. Leroy has been a director of Capital One Financial Corporation since September 1, 2005, and is also a director of Capital One, National Association and ING Bank, fsb. He has also served on the Governance and Nominating Committee since April 2006. Mr. Leroy has been a director of RSC Holdings, Inc. since May 2008. He has also served on the Boards of Directors of Beam, Inc. (formerly Fortune Brands, Inc,) from September 2003 to February 2012, ACCO Brands from August 2005 to April 2009 and Nuveen Investments, Inc. from March 2006 to April 2007. Mr. Leroy’s experience in capital markets and asset-liability management, as well as and managing complex international marketing, engineering and manufacturing organizations and serving on other public company boards, provides the Board of Directors with insight on these and other matters. |
Peter Raskind |
Mr. Peter E. Raskind is Independent Director of Capital One Financial Corporation, Mr. Raskind is the owner of JMB Consulting, LLC, which he established in February 2009 to provide consulting services to financial services firms. In 2011, he served as Interim Chief Executive Officer of the Cleveland Metropolitan School District, and in 2010, he served as Interim President and Chief Executive Officer of the Cleveland-Cuyahoga County Port Authority. Until its merger with PNC Financial Services Group in December 2008, Mr. Raskind served as Chairman, President and Chief Executive Officer of National City Corporation, one of the banks in the United States, where he was appointed as a Director in January 2007 and Chief Executive Officer in July 2007. He also became Chairman of the Board in December 2007. Mr. Raskind joined National City in 2000 as the Manager of the Consumer Finance Division and served in a number of executive positions throughout his tenure. Prior to National City, Mr. Raskind had a 20-year career with U.S. Bancorp/First Bank System and Harris Bank, holding positions of successively greater responsibility in a broad range of disciplines, including cash management services, corporate finance, international banking, corporate trust, retail banking, operations and strategic planning. Appointed to the Board on January 31, 2012, Mr. Raskind was first identified by a third-party search firm and was recommended as a director nominee by the Governance and Nominating Committee. He is a member of the Company’s Audit and Risk Committee. In January 2012, Mr. Raskind was appointed a director of Omek Interactive, Inc. He also served as a director of United Community Banks, Inc. from May 2011 to January 2012. Mr. Raskind previously served as a director of Visa USA and Visa International, served on the Board of Directors of the Consumer Bankers Association and was a member of the Financial Services Roundtable. |
Mayo Shattuck |
Mr. Mayo A. Shattuck, III, is Independent Director of Capital One Financial Corporation. Mr. Shattuck is Executive Chairman of the Board of Chicago-based Exelon Corporation, a Fortune 100 company and the nation’s competitive energy provider. Prior to joining Exelon, he was Chairman, President and Chief Executive Officer of Constellation Energy, a supplier of electricity to commercial and industrial customers, a position he held from 2001 to 2012. He was previously at Deutsche Bank, where he served as Chairman of the Board of Deutsche Banc Alex. Brown and, during his tenure, served as Global Head of Investment Banking and Global Head of Private Banking. Mr. Shattuck has been a director of Capital One Financial Corporation since October 31, 2003. He has served on the Compensation Committee since April 2004 and became its Chairman in April 2005. He has also served on the Finance and Trust Oversight Committee since December 2003. Mr. Shattuck is also a director of Gap, Inc. and chairs its Audit and Finance Committee. |
Bradford Warner |
Mr. Bradford H. Warner is Independent Director of Capital One Financial Corporation. Mr. Warner served in a variety of positions at BankBoston, FleetBoston and Bank of America from 1975 until his retirement in 2004. These positions included President of Premier and Small Business Banking, Executive Vice President of Personal Financial Services, and Vice Chairman of the Investment Services and Consumer Business Group.Throughout his banking career, Mr. Warner served in leadership roles for many of the business lines and functional disciplines that constitute commercial banking, including leadership of retail and branch banking, consumer lending (credit cards, mortgage and home equity), student lending and small business; various corporate banking functions, including community banking and capital markets businesses, such as underwriting, trading and sales of domestic and international fixed income securities, foreign exchange and derivatives; international banking businesses in northern Latin America and Mexico; and several investment related businesses, including private banking, asset management and brokerage. He also served on the senior most management policy and governance committees at BankBoston, FleetBoston and Bank of America. Mr. Warner has been a director of Capital One Financial Corporation since April 24, 2008, and also serves as a director of Capital One, National Association and ING Bank, fsb. He has been a member of the Audit and Risk and Finance and Trust Oversight Committees since April 2008. |
Catherine West |
Ms. Catherine G. West is Independent Director of Capital One Financial Corporation, since February 19, 2013. Ms. West has been a Managing Director of Promontory Financial Group, a financial services consulting firm, since April 2012, where she is responsible for business development and internal administrative activities. From March 2011 to April 2012, Ms. West was the Associate Director and Chief Operating Officer of the Consumer Financial Protection Bureau where she oversaw the start-up of the agency’s infrastructure. She was previously the Chief Operating Officer of J.C. Penney from August 2006 to December 2006. From March 2000 to July 2006, Ms. West was an executive officer at Capital One Financial Corporation where she served in roles that included President of the U.S. Card business and Executive Vice President of U.S. Consumer Operations. Ms. West has a multifaceted background in financial services with more than 25 years of experience in financial services operations and strategy. She has hands-on experience in leveraged buyouts, initial public offerings, and mergers and acquisitions, and has a keen understanding of both business strategy and the regulatory perspective. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Richard Fairbank |
22,605,400 |
Gary Perlin |
7,723,310 |
Ryan Schneider |
6,063,320 |
Michael Slocum |
-- |
Jonathan Witter |
-- |
Sanjiv Yajnik |
-- |
Jory Berson |
-- |
Robert Alexander |
-- |
Kevin Borgmann |
-- |
John Finneran |
5,614,860 |
Frank LaPrade |
-- |
W. Ronald Dietz |
-- |
Patrick Gross |
-- |
Ann Hackett |
-- |
Lewis Hay |
-- |
Benjamin Jenkins |
-- |
Pierre Leroy |
-- |
Peter Raskind |
-- |
Mayo Shattuck |
-- |
Bradford Warner |
-- |
Catherine West |
2,482,230 |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Richard Fairbank |
9,413,840 | 325,540,400 |
Gary Perlin |
409,540 | 10,646,930 |
Ryan Schneider |
60,646 | 1,353,780 |
Michael Slocum |
0 | 0 |
Jonathan Witter |
0 | 0 |
Sanjiv Yajnik |
0 | 0 |
Jory Berson |
0 | 0 |
Robert Alexander |
0 | 0 |
Kevin Borgmann |
0 | 0 |
John Finneran |
260,307 | 6,752,959 |
Frank LaPrade |
0 | 0 |
W. Ronald Dietz |
0 | 0 |
Patrick Gross |
0 | 0 |
Ann Hackett |
0 | 0 |
Lewis Hay |
0 | 0 |
Benjamin Jenkins |
0 | 0 |
Pierre Leroy |
0 | 0 |
Peter Raskind |
0 | 0 |
Mayo Shattuck |
0 | 0 |
Bradford Warner |
0 | 0 |
Catherine West |
400,569 | 13,399,440 |
| Name | Shares Traded | Price |
|---|---|---|
FAIRBANK RICHARD D |
6,810 | $0.00 |
PERLIN GARY L |
5,355 | $59.84 |
LAPRADE FRANK G III |
22,259 | $59.00 |
SHATTUCK MAYO ADAMS III |
2,922 | $0.00 |
WARNER BRADFORD H |
2,922 | $0.00 |
RASKIND PETER E |
2,922 | $0.00 |
LEROY PIERRE E |
2,922 | $0.00 |
GROSS PATRICK W |
2,922 | $0.00 |
JENKINS BENJAMIN P III |
2,922 | $0.00 |
HACKETT ANN FRITZ |
2,922 | $0.00 |
HAY LEWIS III |
2,922 | $0.00 |
WEST CATHERINE G |
2,922 | $0.00 |
BLACKLEY RICHARD SCOTT |
2,160 | $57.49 |
JENKINS BENJAMIN P III |
2,192 | $56.82 |
RASKIND PETER E |
2,000 | $57.17 |
BORGMANN KEVIN S |
9,052 | $57.05 |
FAIRBANK RICHARD D |
179,973 | $0.00 |
FAIRBANK RICHARD D |
85,848 | $54.98 |
JENKINS BENJAMIN P III |
801 | $0.00 |
WEST CATHERINE G |
801 | $0.00 |
WITTER JONATHAN W |
16,050 | $54.03 |
WITTER JONATHAN W |
33,039 | $0.00 |
FINNERAN JOHN G JR |
8,872 | $57.87 |
ALEXANDER ROBERT M |
6,304 | $0.00 |
SLOCUM MICHAEL |
5,099 | $57.87 |

