CAPITAL ONE FINANCIAL CORPORATION (NYSE:COF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On December 17, 2018, the Board of Directors (the “Board”) of Capital One Financial Corporation (the “Company”) appointed Cornelis Petrus Adrianus Joseph Leenaars to serve as a director, effective January 1, 2019. The size of the Board was increased to twelve in connection with the appointment. Mr. Leenaars has been appointed to serve on the Audit Committee and the Risk Committee of the Board and will stand for election by the Company’s stockholders at the Annual Meeting of Stockholders in May 2019.
Mr. Leenaars was not selected as a director to any arrangement or understanding between him and any other person and there are no related party transactions between the Company and Mr. Leenaars. He will receive compensation for his services on the Board in accordance with the standard compensatory arrangement described in the Company’s proxy statement filed on March 20, 2018 for non-employee directors, including an increase to the annual cash retainer of $25,000 in recognition of the additional time and effort that will be required for Mr. Leenaars to travel internationally to attend Board and committee meetings, pro-rated for service until the Annual Meeting of Stockholders in May 2019.
A copy of the Company’s press release announcing the appointment of Mr. Leenaars to the Board is attached to this report as Exhibit 99.1 and is incorporated herein by reference.
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Item 5.02 |
Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit |
Description |
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Press Release, dated December 18, 2018
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CAPITAL ONE FINANCIAL CORP Exhibit
EX-99.1 2 exhibit991-pressreleasex12.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Media Release Contact: Derek Conradderek.conrad@capitalone.comEli Leenaars to Join the Capital One Board of DirectorsMcLean,…
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About CAPITAL ONE FINANCIAL CORPORATION (NYSE:COF)
Capital One Financial Corporation is a financial services holding company. The Company offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, which consists of its domestic consumer and small business card lending, and the international card lending businesses in Canada and the United Kingdom; Consumer Banking, which consists of its branch-based lending and deposit gathering activities for consumers and small businesses, national deposit gathering, national auto lending and consumer home loan lending and servicing activities; Commercial Banking, which consists of its lending, deposit gathering and treasury management services to commercial real estate, and commercial and industrial customers, and Other, which includes management of its corporate investment portfolio and asset/liability management.