|Stephen S. Crawford to Become Chief Financial Officer for Capital One in May|
Perlin will remain in his position as CFO and a member of Capital One's Executive Committee through
"Gary has been a trusted and valued partner over the past decade," said Fairbank. "Among many contributions, his counsel and leadership were instrumental as we successfully weathered an unprecedented financial crisis and emerged in an even stronger position to grow our company and create shareholder value. Gary has built a great team and has helped us transform Capital One in many ways over the years, and I am grateful for everything he has done to enable us to build a great company."
Crawford joins Capital One from
"I have the greatest respect for Steve and am excited about the impact he will make in his new role," said Fairbank. "Steve brings great experience and skills to the position. He has worked with Capital One as an advisor over the last several years and knows our company, the industry and our management team well. And he has significant financial services and CFO experience. I am confident that his proven leadership and financial abilities will enable Steve to help us drive strong financial performance and disciplined execution as we continue to focus on creating sustainable value for our investors and customers."
As CFO, Crawford will be responsible for managing Capital One's Global Finance team which includes our financial strategy, planning, accounting and reporting, funding and treasury operations, corporate finance, and investor relations. Crawford will be based in New York.
"I have watched the transformation of Capital One over the last decade and have the greatest admiration for Rich and his strategic vision for the company," said Crawford. "It is an honor to take on this important role and I look forward to continuing to help create a great company and bring value to our investors."
About Capital One
Tatiana Stead, +1-703-720-2352, Tatiana.firstname.lastname@example.org, or Julie Rakes, +1-804-284-5800, Julie.email@example.com