Richard Fairbank vs Kevin Cummings

Richard Fairbank

CEO of Capital One

BIO: Mr. Richard D. Fairbank is the Founder of Capital One Bank and serves as its Chairman and Chief Executive Officer. Mr. Fairbank founded Capital One Financial Corporation in 1988 and has been its Executive Chairman since February 28, 1995, Chief Executive Officer since July 26, 1994 and President since April 24, 2003. He co-founded Advocate Financial LLC in 1998. He has been Head of MasterCard's U.S. region since 1995. He serves as the Chairman and Chief Executive Officer of Capital One Auto Finance and Chairman of Capital One, F.S.B., two of Capital Ones primary lending subsidiaries. He founded North Fork Bank and served as its Chairman and Chief Executive Officer. Mr. Fairbank began his career in 1981 with Strategic Planning Associates, spending a total of seven years consulting in different industries. Based on his belief that information and technology would change the world of consumer marketing, he developed the idea that would ultimately become the hallmark of Capital One???-its Information Based Strategy (IBS). He served as the Chairman of MasterCard's U.S. region at MasterCard Worldwide Inc. from March 2002 to February 2004. Mr. Fairbank has been an Executive Director of Capital One Financial Corporation since July 26, 1994. He serves as a Director of Capital One's three principal subsidiaries, Capital One Bank the Bank, Capital One, F.S.B. the Savings Bank and Capital One Auto Finance Inc. He served as Director of Mastercard Incorporated since 2003. He served as a Director of MasterCard Worldwide since 2003 and served as Director of MasterCard's U.S. region from March 1995 to February 2004. Mr. Fairbank served as Director of MasterCard International Incorporated since 2003. Mr. Fairbank began his career in 1981 as a consultant with Strategic Planning Associates (SPA) (which later became Mercer Management) spending seven years as a consultant and specialising in the banking industry. He has received many honors and awards including being named Best Chief Executive Officer in specialty finance by Institutional Investor magazine and Business Leader of the Year by Washingtonian Magazine. Mr. Fairbank has often been recognized for his community and industry leadership, including his 2008 appointment to the President's Council on Service and Civic Participation. He also was honored as a 2008 Washington Business Hall of Fame Laureate and was named 2006 Banker of the Year by the American Banker. Mr. Fairbank graduated with a bachelor's degree in economics from Stanford University and received an MBA from the Stanford Graduate School of Business.

Kevin Cummings

CEO of Investors Bancorp

BIO: Mr. Kevin Cummings has been the Chief Executive Officer and President of Investors Bancorp Inc. and its subsidiary, Investors Bank (formerly, Investors Savings Bank) since January 1, 2008. Mr. Cummings also served as the Chief Executive Officer and President of Investors Bancorp, MHC. He served as an Executive Vice President and Chief Operating Officer at Investors Bancorp Inc. He served as Chief Operating Officer of Investors Bank from July 2003 to January 2008. He served as Executive Vice President and Executive Vice President of Investors Savings Bank since July 2003. Prior to Investors Bank, he had a twenty-six year career with KPMG LLP, where he served as a Partner for fourteen years. He served as an Audit Partner in the Financial Services practice in the New York office and Lead Partner on a major commercial banking client. He also worked in the New Jersey community bank practice for over 20 years serving clients such as Summit Bank, Valley National Bank, Provident Bank and Hudson City Bank. He has been Director of Investors Bancorp Inc. and Investors Bank since January 1, 2008. He has been a Director of Federal Home Loan Bank of New York since January 17, 2014. He has served as a Commissioner on the Summit Board of Recreation. He is a member of the Audit and Finance Committee at St. Peter's Prep, a Jesuit high school in Jersey City, former Chairman of the Board and current Trustee of the Summit Speech School, a Trustee of The Scholarship Fund for Inner-City Children, a Trustee of the Liberty Science Center, a Trustee for the Visiting Nurse Assn. Health Group and the former Chairman of the Board and current member of the Executive Committee of the New Jersey Bankers Association. He is also a board member of both the Independent College Fund of New Jersey and the All Stars Project of New Jersey. Most recently, he agreed to serve as a member of the Development Leadership Council of Morris Habitat for Humanity. In his spare time, he has coached youth basketball in Summit at the AAU, recreation and CYO level and has served as the Athletic Director of St. Theresa's of Avila. In addition, Mr. Cummings was the only banker named on NJBiz's 2013 ???Power 50 Real Estate & Construction Report??? and received the Ernst & Young Entrepreneur of the Year??? 2011 New Jersey Award for his success in transforming the Bank into a growth company. At Middlebury College, he was the recipient of the Harry M. Fife Award for Excellence in Economics and Athletics. He is a certified public accountant and has been a frequent speaker at seminars on topics ranging from mergers and acquisitions, to business leadership, as well as marketing and branding. He received a BA in Economics from Middlebury College in 1976 and After college graduation he earned a Masters in Business Administration from Rutgers University School of Business and recently gave the commencement address for the MBA Program's graduation ceremony in May 2013.