Capital One Financial Corporation, the parent company of the popular consumer banks, has announced it has added Facebook and Nike executives to its board of directors.
According to a press release, these two new members were named in the wake of the retirement of longtime board member Pierre Leroy, who has sat on the board since 2005.
Ime Archibong, head of new product experimentation at Facebook, has been named to the board. His nomination suggests that the company is moving in the direction of increased technology as their focus.
“Ime’s product and partnership experience at a company that has billions of users and global reach has given him a broad understanding of the issues at the intersection of product, technology, data, and the customer experience,” Richard D. Fairbank, Chairman and CEO of Capital One, said in a statement. “He brings unique perspectives to Capital One’s Board that span the technology landscape as well as his deep commitment to building community and helping people understand each other. I’m sure he will make a powerful impact on our company, especially as we continue Capital One’s technology and data transformation.”
And this, combined with the nomination of Craig Williams — who is president of the Nike product line that is named after former NBA superstar Michael Jordan — to the board suggests that Capital One is looking to the future.
“Craig’s great judgment has been honed by more than three decades of global experience in setting visions, building brands, and driving stellar results at some of the world’s most admired companies,” said Fairbank in a press release statement. “Ime brings unique perspectives to Capital One’s Board that span the technology landscape as well as his deep commitment to building community and helping people understand each other.”