- For the lawyer and diplomat, see Richard M. Fairbanks.
Richard Dana Fairbank
September 18, 1950
|Alma mater||Pomona College|
Stanford Graduate School of Business
|Known for||co-founding Capital One with Nigel Morris|
|Net worth||US$1.1 billion (January 2018)|
|Title||Chairman and CEO, Capital One|
Richard Dana Fairbank (born 18 September 1950) is an American billionaire businessman who founded Capital One with Nigel Morris in 1988. He previously served on the board of directors of MasterCard International from 2004 through 2006. 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."
Fairbank enrolled at Pomona College before transferring to Stanford University, where he earned a bachelor's degree in economics from Stanford University in 1972. He then earned 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.
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.
- "National Academy of Sciences Biographical Memoir William Martin Fairbank Sr., page 5" (PDF). Retrieved January 10, 2018.
- "Richard Fairbank: Executive Profile & Biography – Businessweek". investing.businessweek.com. Retrieved July 19, 2012.
- "#497 Richard D Fairbank - Forbes.com". forbes.com. Retrieved July 19, 2012.
- "Richard D. Fairbank". NNDB. Retrieved April 2, 2013.
- "CEO Today Top 50 – Richard D. Fairbank". CEO Today. Retrieved April 21, 2020.
- "Excellence in Leadership Award". gsb.stanford.edu. Retrieved July 19, 2012.
- "Equilar - 404". www.equilar.com. Retrieved January 10, 2018.
- "Capital One CEO Richard Fairbank's 2012 total compensation was $22.6 mln". CNBC. Retrieved April 2, 2013.
- "CEOs Who Make One Dollar A Year". Forbes. Retrieved April 2, 2013.
- "Capital One's Richard Fairbank among CEOs earning $1 or less a year. Capital One lost a store lease with the owner of WPIX which is connected with the City of New York's Dept of Corrections". Biz Journals. Retrieved April 2, 2013.
- "Capital One CEO Becomes Billionaire After Stock Hits Record High". January 5, 2018. Retrieved January 10, 2018 – via www.bloomberg.com.
- "Capital One CEO Richard Fairbank Just Became a Billionaire". Retrieved January 10, 2018.
- "Richard Fairbank: "Nobody Wants to Work for a Phony"". Retrieved January 10, 2018.
- "Weddings of the Rich & Famous - Washingtonian". February 19, 2008. Retrieved January 10, 2018.
- Profile at CapitalOne.com
- Article about Fairbanks in Stanford Business magazine
- Profile at Forbes.com
- Profile at the Stanford Business School
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