Capital One Financial Corp. approved one-time compensation awards in the form of restricted stock units to the firm’s CEO and a handful of other executives to recognize their work linked to the acquisition of Discover Financial Services.
Capital One Chief Executive Officer Richard Fairbank was granted shares valued at roughly $30 million, which will vest in June 2030, with half settling in cash and half in stock, the McLean, Virginia-based firm said in a filing Thursday with the US Securities and Exchange Commission.
A Capital One bank branch in New York on Feb. 20, 2024.
Photographer: Yuki Iwamura/Bloomberg
Chief Financial Officer Andrew Young was granted restricted stock units worth around $3 million, while ...
