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Capital One approves 2026 executive compensation plans and updates severance policies
Capital One’s board has approved the 2026 executive compensation plans for its Chairman and CEO, Richard D. Fairbank, and other named officers, while also updating severance policies. Mr. Fairbank’s 2026 compensation will include an equity-based award and a potential year-end incentive, continuing the practice of no cash salary for the CEO. New severance policies were adopted, limiting cash severance benefits and providing protections during a change of control.