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Richard Fairbank is the CEO of Capital One Financial, a company known for its innovative approach to banking. He has been at the helm since 1994, leading the company through significant growth and changes in the financial landscape. Notably, Richard...

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Capital One FinancialJuly 1994 - Present

Number of Employees

51.3K

202320222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000

Year

2023

Total Compensation

$7.62M

Salary

$0.00

Board Justification

The compensation program is designed to be entirely performance-based, aligning the CEO's interests with those of stockholders, with 100% of compensation deferred for at least three years.

Bonus

$5.00M

Board Justification

The deferred cash bonus awarded in February 2024 for 2023 performance.

Other

$120.06K

Board Justification

Other compensation includes executive term life insurance, health screening, home office maintenance, home security system maintenance, and personal use of corporate aircraft.

Restricted Stock

$2.50M(21.54K RSUs)

Board Justification

RSUs granted in January 2023 for 2023 performance, vesting in full on February 15, 2026, settling in cash based on the average stock price over the 15 trading days preceding the vesting date.

Performance Metrics

The performance metrics include financial performance factors such as net revenue, ROTCE, and TSR relative to peers.

SEC Filing

From March 20, 2024

View SEC Filing

Rivals

Competitors/colleagues of Richard Fairbank

Richard Fairbank

Founder and CEO of Capital One Financial

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Education

MBA from Stanford Graduate School of Business

Field of Expertise

Finance & Banking - Finance

Born

September 18, 1950 - 74 years ago

Is Founder?

Yes

Current Tenure

30 years 5 months (Jul 1994 - Present)

Previous Experience

Co-founder of Capital One