Richard D. Fairbank holds about 8.5 million shares of Capital One, translating to approximately $338 million based on recent stock prices. His holdings peaked during performance challenges, showcasing his commitment as he refrains from cash bonuses. The most significant shift...
Richard D. Fairbank holds about 8.5 million shares of Capital One, translating to approximately $338 million based on recent stock prices. His holdings peaked during performance challenges, showcasing his commitment as he refrains from cash bonuses. The most significant shift in his wealth occurred at the height of the financial crisis in 2008, where he maintained faith in the company despite market volatility. His investment in stock options is designed so he sees value only if Capital One performs well over the long term. This alignment with shareholders continues to shape his wealth and decision-making, ensuring that he profits as Capital One flourishes. Overall, he embodies the spirit of a CEO who is invested in the company, living by the mantra that risk and reward are closely linked.