MCLEAN, Va., Feb. 1, 2019 /PRNewswire/ -- Capital One
Financial Corporation (NYSE: COF) today announced that François
Locoh-Donou has been appointed to the company's Board of Directors,
effective March 1, 2019. Mr.
Locoh-Donou will stand for election by Capital One stockholders in
May 2019.
Mr. Locoh-Donou is President, Chief Executive Officer and a
member of the Board of F5 Networks, with nearly two decades of
enterprise technology experience building a wide range of products,
teams and operations around the world. F5 delivers cloud and
security application services that enable organizations to embrace
the infrastructure they choose without sacrificing speed and
control.
"François is a values-led leader who has great insight about
where technology is headed," said Richard
D. Fairbank, Founder, Chairman, and Chief Executive Officer
of Capital One. "He has been a change agent at Ciena and F5, and
has deep visibility across industries into the opportunities and
challenges facing enterprises as the world rapidly
changes--especially in the areas of cloud, software, analytics, and
security. François' breadth of experiences will be very helpful to
Capital One's Board of Directors and management team as we continue
our transformative technology and digital journey."
Prior to joining F5 in 2017, Mr. Locoh-Donou served as Senior
Vice President and Chief Operating Officer of Ciena, a network
strategy and technology company. In his 15-year career at Ciena, he
held a series of successive global leadership positions, including
Senior Vice President, Global Products Group; Vice President and
General Manager, EMEA; Vice President, International Sales; and
Vice President, Marketing. Prior to Ciena, Mr. Locoh-Donou held
research and development roles with Photonetics, a French
opto-electronics company.
In addition to his responsibilities at F5 Networks, Mr.
Locoh-Donou is the Co-Founder and Chairman of Cajou Espoir, a
cashew-processing business in rural Togo. Founded in 2004, the business employs
several hundred people, 80 percent of whom are women. Raised in
Togo and France, Mr. Locoh-Donou remains actively
engaged in the business and invested in its mission to help drive
meaningful and sustainable development in West Africa.
Capital One also announced today that, after 16 years of service
on the company's board, Lewis Hay,
III has decided not to stand for reelection to the Board of
Directors at the 2019 annual stockholders meeting due to other
demands on his time. In addition, Benjamin
Jenkins will be retiring from the Board effective as of the
date of the 2019 annual meeting, in accordance with the company's
retirement policy. Capital One is deeply grateful for the
leadership Mr. Hay and Mr. Jenkins have provided to the Board and
the company's executive management team.
About Capital One
Capital One Financial Corporation
(www.capitalone.com) is a financial holding company whose
subsidiaries, which include Capital One, N.A., and Capital One Bank
(USA), N.A., had $249.8 billion in deposits and $372.5 billion in total assets as of December 31, 2018. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New
Jersey and the District of
Columbia. A Fortune 500 company, Capital One trades on the
New York Stock Exchange under the symbol "COF" and is included in
the S&P 100 index.
Visit the Capital One newsroom for more Capital One news.
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SOURCE Capital One Financial Corporation