Capital One Financial
Corporation has announced that Pierre
Conner has been named Head of Sales, Trading and Research at Capital One
Southcoast, Inc., a wholly owned non-bank subsidiary of Capital One
Financial Corporation. In this position, he will report to Mark Smith,
Head of Capital Markets and Government Banking.
Conner, who served as Capital One Southcoast’s Lead Equity Research
Analyst since 2003, will now oversee all aspects of the sales, research
and trading functions, to deliver superior service to the investment
community. Jim McBride will continue in his role as head of Energy
Banking at Capital One Bank and Head of Investment Banking for Capital
One Southcoast. He and Conner will work closely to ensure excellence in
delivery of products and service to clients.
“Pierre has played a significant role in establishing and implementing
Capital One Southcoast’s strategy. With 18 years of experience in the
energy industry and 10 years of experience as an equity research
analyst, he has earned the respect of the energy industry and money
managers, and has provided value to our customers and our company over
the years,” said Smith. “As a former manager with an international oil
company, Pierre has extensive knowledge and a broad range of hands-on
experience that is well-suited for his newest role with Capital One
Southcoast.”
Over the past year, Capital One Southcoast has expanded its research
coverage and become a top 10 underwriter of U.S. energy debt and equity
transactions. Also in 2009, Capital One Southcoast recorded the most
capital market executions in its history and had its most profitable year.
Based in New Orleans, Conner has almost 30 years combined experience in
engineering and equity research. In his most recent role with Capital
One Southcoast, Conner was Senior Oilfield Services Analyst and Lead
Equity Analyst for the firm. Prior to joining Capital One Southcoast, he
served in a number of engineering and operations management positions
with Exxon Company USA, now ExxonMobil Corporation.
Conner received a bachelor’s degree in mechanical engineering, a
master’s in petroleum engineering and master’s degree in business
administration — all from Tulane University — and is a registered
professional engineer in Petroleum Engineering.
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 $115.8 billion in deposits and $212.0
billion in total managed assets outstanding as of December 31, 2009.
Headquartered in McLean, Virginia, Capital One offers a broad spectrum
of financial products and services to consumers, small businesses and
commercial clients. Capital One, N.A. has approximately 1,000 branch
locations 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.
