Summary
This 8-K filing from Capital One Financial Corporation announces a significant change in its financial leadership. Effective March 14, 2011, Susan McFarland has been appointed as Executive Vice President, Finance and Principal Accounting Officer. This appointment is notable as Ms. McFarland will now oversee the company's financial reporting and accounting functions, a critical role for investor confidence and regulatory compliance. She brings extensive experience from within Capital One and the broader financial industry.
Key Highlights
- 1Appointment of Susan McFarland as Executive Vice President, Finance and Principal Accounting Officer.
- 2Ms. McFarland previously served as Executive Vice President and Controller since March 2004.
- 3She possesses 25 years of experience in banking and public accounting.
- 4Ms. McFarland joined Capital One in 2002 and has held CFO roles for various business lines.
- 5Gary L. Perlin will continue in his role as Chief Financial Officer.
- 6The change is effective as of March 14, 2011.
Frequently Asked Questions
Susan McFarland has been appointed as the Executive Vice President, Finance and Principal Accounting Officer.
Ms. McFarland has 25 years of experience in banking and public accounting. She joined Capital One in 2002 and has previously served as Executive Vice President and Controller since March 2004, as well as CFO for various business lines within the company.
No, Gary L. Perlin will continue to serve as the Chief Financial Officer of Capital One Financial Corporation.
The Principal Accounting Officer plays a crucial role in ensuring the accuracy and integrity of a company's financial statements. Ms. McFarland's appointment to this key position, with her extensive internal and external experience, aims to provide continuity and confidence in Capital One's financial reporting.