Richard Fairbank founded Capital One with Nigel Morris in 1988, and is its Chairman and CEO.  He also serves on the board of directors ofMasterCard International, and is the Chairman of MasterCard International's U.S. Region Board of Directors. He is a member of theStanford 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."