Ranks Second Place in North America and Fifth Globally on FORTUNE
Magazine's "Global Top Companies for Leaders" List
MCLEAN, Va.--(BUSINESS WIRE)--Sept. 27, 2007--Capital One
Financial Corporation (NYSE:COF) has been ranked second in North
America and fifth globally by Hewitt Associates, a global human
resources services company, and FORTUNE Magazine in their "Global Top
Companies for Leaders" survey, reflecting Capital One's continued
commitment to attracting and developing great leaders.
Sponsored by Hewitt Associates, in partnership with the RBL Group
and FORTUNE magazine, the "Global Top Companies for Leaders" were
selected and ranked based on criteria including leadership practices,
company reputation, leadership culture, values and business
performance. Capital One, among other things, earned accolades for its
executive coaching and leadership development programs.
"At Capital One, our people are the source of our greatest
competitive advantage, and leadership development has always been at
the foundation of our success as a company," said Richard D. Fairbank,
Capital One's Chairman and CEO. "From the beginning, we have obsessed
about creating a culture where our leaders can live their values,
challenge conventional wisdom, and take on new challenges which fuels
their development. The success of our company is driven by attracting
great people and giving them the opportunity to be great."
"From the outset, training and development have been a high
priority for Capital One," said Matt Schuyler, Capital One's Chief
Human Resources Officer. "Our focus on talent management and
on-the-job learning through stretch assignments allows for our
associates to challenge themselves to become great leaders."
Some of the programs that secured Capital One's second place
ranking in North America and the number five position in the global
ranking on the "Global Top Companies for Leaders" include its Leaders
as Teachers program, Executive Speaker Series, Capital One University
Leadership College, Leadership Development Program, Executive Coaching
Program, and semi-annual Executive Talent Review.
About Capital One
Headquartered in McLean, Virginia, Capital One Financial
Corporation (www.capitalone.com) is a financial holding company with
725 locations in New York, New Jersey, Connecticut, Texas and
Louisiana. Its principal subsidiaries, Capital One Bank, Capital One
Auto Finance, Inc., and Capital One, N.A., offer a broad spectrum of
financial products and services to consumers, small businesses and
commercial clients. Capital One's subsidiaries collectively had $85.7
billion in deposits and $144.2 billion in managed outstanding loans as
of June 30, 2007. Capital One, a Fortune 500 company, trades on the
New York Stock Exchange under the symbol "COF" and is included in the
S&P 100 index.
About the Global Top Companies for Leaders Survey
The "Companies for Leaders" Study is based on approximately 550
global organizations with an average employee size of 27,000. Almost
70 percent of the participating companies had revenues of $500 million
or more. Hewitt, the RBL Group and FORTUNE used a three-step screening
process to identify the finalist companies. This included assessing
survey responses, conducting in-depth interviews and analyzing
financial performance in relation to the industry. This information
was then provided to a panel of expert judges in each region to select
and rank a 2007 Top Companies for Leaders List in Asia-Pacific,
Europe, Latin America and North America. A separate judging panel,
composed of one representative from each regional panel, considered
the regional Top Companies to select and rank a Global Top Companies
for Leaders List.
CONTACT: Capital One Financial Corporation, McLean
Lahne Mattas-Curry, 703-720-2358
lahne.mattas-curry@capitalone.com
SOURCE: Capital One Financial Corporation
