Richard L Carrion

Chairman of Banco Popular

Richard L. Carrión is chairman and chief executive officer of Banco Popular de Puerto Rico and chairman, president and chief executive officer of Popular, Inc., Banco Popular's holding company. Mr. Carrión joined Banco Popular in 1976. Among his other activities, he oversaw the implementation of the ATM system throughout the branch network in Puerto Rico and the United States, and the implementation of numerous electronic services to facilitate banking transactions. Mr. Carrión is president of Banco Popular Foundation and a member of the board of Verizon Communications. He has been a member of the International Olympic Committee (IOC) since 1990 and currently chairs the Finance Commission and was elected to the IOC Executive Board in 2004. He previously served as a Class A director of the Federal Reserve Bank of New York for the year 1999. Mr. Carrión was born in San Juan, Puerto Rico. He received a B.A. from the Wharton School of Finance and Commerce in 1975 and an M.S. in management information systems from the Massachusetts Institute of Technology in 1976.

Relationships Interlocks Giving Data

Business Positions

Popular Inc Bank holding company

• CEO ('90→?)

Verizon Communications Inc. Merger of Bell Atlantic Corp. and GTE Corp.

• Independent Director (?→'15)

Pueblo Xtra International, Inc.

• Member of Board of Directors and Compensation Committee (past)

Popular Mortgage

• Director (past)

Popular Finance, Inc. Acquired by Banco Popular de Puerto Rico in 2009

• Director (past)

Puerto Rico Tax-Free Target Maturity Fund Inc a non-diversified, closed-end management investment company

• Chairman & President ('96→'98)

Puerto Rico Investors Tax-Free Fund Inc a non-diversified, closed-end management investment company

• Chairman and President ('94→'98) [+1]

• President ('94→Dec '98)

GM Group Inc the largest data processing center in the Caribbean, now consolidated into Evertec

• Director (past)

Equity One, Inc Real Estate Investment Trust

• Director (past)

Board Memberships

1 / 2

Museo de Arte de Ponce

• Board Member

Banco Popular de Puerto Rico Puerto Rico's leading depository institution.

• Chairman

Banco Popular North America, Inc.

• Chairman

Popular Inc Bank holding company

• Chairman ('93→?) [+2]

• President

• Director ('90→?)

Verizon Communications Inc. Merger of Bell Atlantic Corp. and GTE Corp.

• Director

Sociedad Economica de Amigos del Pais

• Board Member ('14→?)

International Olympic Committee

• Executive Board Member (Aug '04→?)

National Museum of American History Part of the Smithsonian Institution

• Board member ('97→'98)

NYNEX Former RBO acquired by Bell Atlantic in 1997; predecessor to Verizon

• director ('95→'97)

The Financial Services Roundtable Banking industry group

• Director (past)

Positions

International Olympic Committee

• committee member ('90→?)

Comité Asesor de Reconstrucción Económica y Fiscal de Puerto Rico

• miembro ('08→'09)

Asociacion de Bancos de Puerto Rico

• Executive Committee member

Government Positions

Federal Reserve Bank of New York Powerful New York branch of the Federal Reserve System

• Director (?→'15)

Donations

Popular Inc Bank holding company

• Donation · 2,718 USD (Dec 25 '09) [+6]

• Donation · 2,281 USD (Jun 26 '09)

• Donation · 1,764 USD (Sep 19 '08)

• Donation · 1,176 USD (Jun 27 '08)

• Donation · 882 USD (Nov 14 '08)

• Donation · 882 USD (Dec 26 '08)

• Donation · 294 USD (Oct 3 '08)

Committee for a Livable Future

• Donation · 1,000 USD (Dec 21 '07)

Federal Election Campaign Contributions

Popular Inc PAC

• 3 contributions · 6,175 USD ('08→'09)

Rick Santorum former US Representative and Senator from Pennsylvania

• 1 contribution · 2,100 USD ('05)

Ken Salazar Biden Ambassador to Mexico; Former Secretary of the U.S. Department of the Interior, former Democratic Colorado U.S. senator

• 1 contribution · 2,100 USD ('07)

Luis Vicente Gutiérrez US Representative from Illinois

• 1 contribution · 1,000 USD ('97)

Chuck Schumer US Senator, former Representative from New York

• 1 contribution · 1,000 USD ('02)

Holdings

Junior Investment Corporation Investment vehicle for Richard Carrión's family

• Owner; percent stake: 17%

Popular Inc Bank holding company

• Insider

Family

Julio E Vizcarrondo Ramirez

• brother-in-law

Rosemarie Mai Vizcarrondo

• niece

José B. Carrión Insurance Broker, Carrion Laffitte Casellas

• second cousin*

Jose B. Carrion Tous

• half first cousin, once removed

Rafael Carrion Youngest son of Richard Carrión

• son

Rafael Carrion Sr Former President of Banco Popular

• Grandfather

Rafael Carrion Jr Former President of Banco Popular

• father

Jose R Vizcarrondo Carrion

• nephew

Conxita Martorell Wife of Richard Carrión - deceased March 2016

• wife

Schools

Massachusetts Institute of Technology

• MS, Management Information Systems (?→'76)

University of Pennsylvania - The Wharton School Penn business school

• BA (?→'75)