Richard Fairbank
Encyclopedia
For the lawyer and diplomat, see Richard M. Fairbanks
Richard M. Fairbanks
Richard Monroe Fairbanks III is a United States lawyer, diplomat, and businessman.-Biography:An Indianapolis native, Richard M. Fairbanks was educated at Yale University, receiving an A.B. After college, he served in the United States Navy as a Regular Officer...

.

Richard Fairbank founded Capital One
Capital One
Capital One Financial Corp. is a U.S.-based bank holding company specializing in credit cards, home loans, auto loans, banking and savings products...

 with Nigel Morris
Nigel Morris
Nigel Morris is a businessman who co-founded Capital One with Richard Fairbank, and retired as COO in 2004.He lent the Labour Party £1,000,000 as part of the Cash for peerages affair....

 in 1988, and is currently the Chairman and CEO. He also serves on the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 of MasterCard International
MasterCard
Mastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...

, and is the Chairman of MasterCard International's U.S. Region Board of Directors. He is a member of the Stanford Business School Advisory Council, the Financial Services Roundtable, and the board of directors of the BITS Technology Forum.

Fairbank has been awarded Washingtonian
Washingtonian (magazine)
Washingtonian is a monthly magazine distributed in the Washington, DC area since 1965. The magazine describes itself as "the magazine Washington lives by." The magazine's core focuses are local feature journalism, guide book-style articles, and real estate advice.-Editorial Content:Washingtonian...

’s "Business Leader of the Year", Worth
Worth (magazine)
Worth is an American wealth management magazine for high net worth individuals. It is published on a bi-monthly basis and circulated to over 110,000 recipients.-History:Worth was founded in 1992 as a wealth management magazine for high net worth individuals...

’s list of the top 10 CEOs and "50 Best CEOs", Future Banker’s list of "influential personalities in financial services", Credit Card Management’s "Entrepreneur of the Year"; and The Gartner Group
Gartner
Gartner, Inc. is an information technology research and advisory firm headquartered in Stamford, Connecticut, United States. It was known as GartnerGroup until 2001....

’s "Excellence in Technology." Fairbank received a bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

 in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 from Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...

 in 1972, and an MBA from the Stanford Graduate School of Business
Stanford Graduate School of Business
The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...

in 1981, where he graduated first in his class.

Compensation

While CEO of Capital One Financial in 2009, Richard D. Fairbank earned a total compensation of $6,076,805, which included no base salary, no cash bonus, $2,000,019 in stock awards, $4,000,001 in option awards, and $76,785 in other compensation.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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