Capital One 2007 Annual Report Download - page 16

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14
I want to thank our Capital One associates for their outstanding work during 2007.
We welcomed over nine thousand North Fork associates to our company at the end of
2006. They are already making a big difference and rallying around our culture. Our
people faced a number of challenges in 2007 and they uniformly rose to the occasion.
As we look to 2008, we have a lot of work to do. We must remain sharply focused
on disciplined management of capital, costs, and credit risk to succeed in a difficult
environment and create shareholder value. As they have proven time and time again,
our great people can accomplish anything. I am confident that they will deliver on
these important goals.
As I reflect on the twenty year journey of Capital One, the thing that stands out the
most is the incredible passion and talent of our people. Our success over the past two
decades is a direct result of their relentless and unwavering commitment to always
achieve excellence and do the right thing. The hallmark of our people is their collective
sense of humility. In the best of times, our people celebrate the successes of their
colleagues and encourage them to reach even greater heights. The tough times only
cause our people to dig deeper and pull together even harder. I am privileged to work
alongside each of them. Together, we remain committed to building an enduringly
great company.
Richard D. Fairbank
Chairman and Chief Executive Officer
As I reflect
on the twenty
year journey
of Capital One,
the thing that
stands out
the most is
the incredible
passion and
talent of
our people.”