MCLEAN, Va.--(BUSINESS WIRE)--Oct. 28, 2004--Capital One Financial
Corporation (NYSE:COF) today announced that Ann Fritz Hackett,
President of the Horizon Consulting Group, has been appointed to its
Board of Directors. Hackett, who will serve on the Board's Audit and
Risk Committee and its Governance and Nominating Committee, will fill
a newly created seat on the Board, increasing the number of directors
from eight to nine, eight of whom are independent of management.
Hackett will be nominated for re-election by Capital One stockholders
in April 2005.
"I am delighted that Ann has joined our Board," said Richard D.
Fairbank, Chairman and CEO of Capital One. "She has extensive
experience in working with some of the largest and best-known
companies in the world. Her expertise and judgment make her a great
addition to our Board. She will be a valuable asset to Capital One and
a great resource for our executive management team."
Hackett founded the Horizon Consulting Group in 1990, which
provides consumer product and service companies with innovative
strategy, human resources and marketing advice. Prior to launching
Horizon, Hackett spent 11 years at Strategic Planning Associates,
Inc., where she served as vice president and partner in strategy and
human resources working, from their offices in Washington, D.C. and
Hackett also serves on the board of Woodhead Industries, Inc. and
has served on the Board of Trustees at her alma mater, Dartmouth
College. Hackett graduated summa cum laude from Dartmouth and received
her MBA with distinction from Stanford.
About Capital One
Headquartered in McLean, Virginia, Capital One Financial
Corporation (www.capitalone.com) is a holding company whose principal
subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer
lending products and Capital One Auto Finance, Inc., offers automobile
and other motor vehicle financing products. Capital One's subsidiaries
collectively had 47.2 million accounts and $75.5 billion in managed
loans outstanding as of September 30, 2004. Capital One, a Fortune 500
company, is one of the largest providers of MasterCard and Visa credit
cards in the world. Capital One trades on the New York Stock Exchange
under the symbol "COF" and is included in the S&P 500 index.
CONTACT: Capital One Financial Corporation
Director, Corporate Media
SOURCE: Capital One Financial Corporation