Plano, TX (May 5, 2015) – Capital One announces the appointment of Joseph C. Portera as Managing Vice President, Chief Counsel, for its financial services business. In this role, Portera will provide strategic guidance and advice concerning all aspects of Capital One’s Financial Services business, which includes Capital One’s auto and mortgage lending businesses. In this role, Portera will lead a team of lawyers in analyzing laws and regulations applicable to the business and providing advice to Capital One’s senior management in a highly complex and rapidly evolving legal and regulatory environment. Portera will also serve on the leadership team of Sanjiv Yajnik, Capital One’s President of Financial Services.
“Joseph brings a rich background of experience representing a diverse cross-section of the financial industry. He will be a valuable asset to our team, and we are very pleased to have him join and expand our deep legal bench,” said Matthew W. Cooper, Capital One’s Executive Vice President, Legal. “Joseph is one of the very best attorneys I have worked with in my many years of hiring outside counsel and I was thrilled to be able to recruit him to Capital One.”
Portera joins Capital One as a former partner of Susman Godfrey, a nationally-recognized complex commercial litigation firm based in Houston, Texas. He has represented clients across a range of industries including investment management, mortgage insurance, bond insurance, and energy. As a partner at Susman Godfrey, Portera successfully led a diverse portfolio of legal matters, including complex disputes involving structured financial products, product liability, intellectual property, contracts, insurance, fiduciary duties, and fraud.
“I am thrilled to be joining Capital One,” said Portera. “I look forward to working with the bank’s incredibly talented, forward-thinking, and agile leadership team to help guide and execute on the strategies that will shape the company’s future.”
Portera received his B.A., magna cum laude, from Colgate University and his J.D., with high honors, from the University of Texas School of Law. After graduation from the University of Texas, Portera clerked for the Honorable Sidney A. Fitzwater of the U.S. District Court for the Northern District of Texas. Portera will be based at Capital One’s financial service business headquarters in Plano, Texas.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $210.4 billion in deposits and $306.2 billion in total assets as of March 31, 2015. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.
# # #