CEO Today USA Awards
ABOUT RICHARD D. FAIRBANK Mr. Fairbank is founder, Chairman, Chief Executive Officer, and President of Capital One Financial Corporation. As an innovator and entrepreneurial leader, Mr. Fairbank has grown Capital One from a start-up to one of the ten largest banks in America and 100 largest companies in the country as ranked by Fortune Magazine. Mr. Fairbank has been the CEO since the Company’s Initial Public Offering in November 1994 and has served as the Chairman and CEO since February 1995. Since the founding of the Company, Mr. Fairbank has been responsible for overseeing both the Company’s strategic direction as well as management of Capital One’s day-to- day operations, and has driven strong organic business growth and executed a series of strategic acquisitions across retail and direct banking, credit cards, auto lending, and technology. Mr. Fairbank has extensive experience in financial services and has led the development, growth, and transformation of the Company’s business capabilities since its founding, including technology, risk management, brand, customer experience, and talent development and diversity. Prior to Capital One, Mr. Fairbank was Vice President and head of the banking practice at a national strategy consulting firm. Mr. Fairbank served on MasterCard International’s Global Board of Directors from February 2004 until May 2006. FIRM PROFILE Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We were founded on the belief that the banking industry would be revolutionized by information and technology, beginning with credit cards. We are now the nation’s fifth-largest consumer bank and eighth-largest bank overall. Founder-led by Chairman and Chief Executive Officer Richard Fairbank, we believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. Across the company, we’re building customer experiences that are real-time and intelligent. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We’re enabling great talent with great spaces. Our award-winning office designs promote creativity and collaboration. In 2018, we opened our newheadquarters inMcLean, Virginia, where engineers, designers, and data scientists work side by side to imagine the next great chapter of Capital One. At Capital One, we embrace the idea that we do well as a company by doing good in the communities we serve. From our inception nearly a quarter century ago, we have sought to address the long- termhealth and sustainability of our communities, especially those that are struggling to adapt to a changing economy or recovering from decades of disinvestment. We’re working to design products, services and programs that deliver impact today and tomorrow. To make our customers’ and associates’ lives better. To envision and drive toward what our world could be. To change banking and our communities for good. None of this would be possible without the passion and dedication of our nearly 50,000 talented associates. But ultimately, we know this story is not about us- it’s about our customers and our communities. We are proud and humbled to be a part of their story, to learn from and celebrate their successes. We thank them for all they have done to contribute to our own improbable journey of the last 25 years to change banking for good. We are even more excited about what the next quarter century will bring. At Capital One, diversity, inclusion and belonging are valued at our core. We empower our associates to do great work by creating an inclusive culture—that values diverse perspectives, fosters collaboration and encourages innovative ideas—and a place where associates of all backgrounds can thrive by bringing their most authentic selves to work. Richard D. Fairbank CEO Capital One Financial 117 - V I R G I N I A - www.capitalone.com
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