Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



A New CFO for COF

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

On Friday, Capital One Financial (NYSE: COF  ) announced that Chief Financial Officer Gary L. Perlin has decided to retire in May, to be replaced by new hire Stephen S. Crawford.

Crawford joins the company on Monday, under the title of chief financial officer designate. Perlin will remain CFO until on May 24, at which point Crawford will take the reins. He will then remain with the company in the capacity of senior advisor to the CEO through next Feb. 1.

Crawford is a founder and former partner at boutique investment banking firm Centerview Partners. Before this role, he served in a variety of senior positions at Morgan Stanley (NYSE: MS  ) , including chief strategic officer, chief administrative officer, and, importantly, chief financial officer.

Once he has taken over as CFO, Crawford will be responsible for managing the bank's global finance team, overseeing financial strategy, planning, accounting and reporting, funding and treasury operations, corporate finance, and investor relations.  

Capital One shares reacted positively to the news Friday, rising 0.3% to close at $56.50.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2232016, ~/Articles/ArticleHandler.aspx, 9/30/2016 11:34:37 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,320.72 177.27 0.98%
S&P 500 2,170.15 19.02 0.88%
NASD 5,310.04 40.89 0.78%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 11:18 AM
COF $71.94 Up +1.58 +2.25%
Capital One Financ… CAPS Rating: ***
MS $31.96 Up +0.92 +2.96%
Morgan Stanley CAPS Rating: ***