- For the lawyer and diplomat, see Richard M. Fairbanks.
Richard Dana Fairbank (born 18 September 1950) is an American billionaire businessman who founded Capital One with Nigel Morris in 1994 (though the bank's own website says that Fairbank founded the bank in 1988), and is its chairman and CEO. He is a non-executive director of MasterCard International, and the chairman of its 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's "Business Leader of the Year", Worth'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's "Excellence in Technology."
Video Richard Fairbank
Education
Fairbank earned a bachelor's degree in economics from Stanford University in 1972, and an MBA from the Stanford Graduate School of Business in 1981, where he graduated first in his class, as well as receiving the excellence in leadership award from the University in 2006.
Maps Richard Fairbank
Career
While CEO of Capital One Financial in 2009, 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. In 2012, Fairbank's total compensation was $22.6 million. Fairbank has received a base salary of zero dollars since 1997.
In January 2018, with Capital One's share price reaching a record high, Fairbank's net worth rose to about $1.1 billion.
Personal life
Fairbank is married to Chris, and they have eight children.
They own and live at Overlook Farm, near Gunston Hall on the Potomac River in Virginia.
See also
- One-dollar salary
References
External links
- Profile at CapitalOne.com
- Article about Fairbanks in Stanford Business magazine
- Profile at Forbes.com
- Profile at the Stanford Business School
Source of article : Wikipedia
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