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Richard Dana Fairbank (born September 18, 1950) [1] is an American billionaire businessman who co-founded Capital One with Nigel Morris in 1988. [ 2 ] [ 3 ] He was on the board of directors of MasterCard International from 2004 to 2006.
Capital One retail footprint as of 2010. Richard Fairbank and Nigel Morris developed the idea of using information technology and statistical analysis to create customized credit card offers for different segments of customers in 1987.
The stock of the McLean, Va.-based Capital One was up 15% Wednesday. Capital One CEO Richard Fairbank. (Marvin Joseph/The The Washington Post via Getty Images) (The Washington Post via Getty Images)
Yet one CEO, Richard Fairbank -- the founder, Source: Capital One annual report. The average CEO tenure for all companies is a little over eight years, and for the 12 biggest U.S. banks, the ...
Nigel William Morris was born in Billericay, Essex, the son of an army sergeant, [1] in June 1958. [2] He came from a working-class Welsh family: his mother was a fluent Welsh speaker from Blaenau Ffestiniog [3] and his father was born in Essex to a family from Port Talbot.
Capital One Chief Executive Officer Richard Fairbank told analysts during the company's third-quarter earnings call that "the U.S. consumer remains a source of relative strength in the overall ...
In total, across debit and credit, we expect to add over 25 million Capital One cardholders and over $175 billion in Capital One purchase volume by 2027,” said Richard Fairbank, CEO of Capital ...
In a single year, the company performs tens of thousands of tests, allowing it to offer thousands of different types of credit cards to customers, based on the knowledge gained from their tests. Richard Fairbank, CEO of Capital One, called test and learn "a marketing revolution that can be applied to many businesses". [2]