popular inc (BPOP:NASDAQ GS)

Executive Profile*

Background*

Mr. Richard L. Carrion has been the Chairman of Popular Inc. since 1993 and has been its Chief Executive Officer since 1990. Mr. Carrion has been the President of Popular Inc., since May 2010. He serves as the Chairman and Chief Executive Officer of Banco Popular North America and Banco Popular de Puerto Rico, a subsidiary of Popular Inc. Mr. Carrion served as President of Popular Inc., from 1991 to January 2009 and as President of Banco Popular de Puerto Rico until ... March 2004. He joined Banco Popular in 1976 and oversaw the implementation of the ATM system throughout the extensive branch network in Puerto Rico and the United States, and the recent implementation of numerous electronic services to facilitate banking transactions. He served as Chairman and President of Puerto Rico Investors Tax-Free Fund, Inc. I, II, III, IV, V from 1994 to December 1998. He served as Chairman and President of Puerto Rico Tax-Free Target. He served as the Chairman and President of Maturity Fund, Inc. I from 1996 to December 1998 and II from 1997 to December 1998. He serves as Chairman of Popular International Bank, Inc.; Popular North America, Inc.; Popular Cash Express Inc.; Banco Popular, National Association, and Popular FS, LLC. He has been the Chairman of the Board of Trustees of BPPR Foundation and Fundacion Banco Popular Inc., since 1982. He served as the Chairman and President of Puerto Rico Investors Flexible Allocation Fund from December 1998 to January 1999. He has been a Director of Popular Inc. since 1990. He serves as a Director at Financial Services Roundtable. He serves as a Director of Banco Popular de Puerto Rico, After School Matters, Inc. and Fort Dodge Animal Health, Inc. He has been a Director of The Federal Reserve Bank of New York since January 2008, Verizon Communications Inc. since 1997 and of Telecomunicaciones de Puerto Rico Inc. since 1999. He serves as a Director of American Home Products Corp. He serves as a Director of Banco Popular North America and Verizon New York Inc. He has been a Director of Verizon New England Inc. since 1997. He served as a Director of NYNEX Corporation from February 16, 1995 to 1997 and Wyeth from 2000 to April 27, 2006. He served as a Director of Equity One, Inc.; Popular Finance, Inc.; Popular Auto, Inc.; Popular Mortgage, Inc.; Popular Securities, Inc.; Popular Insurance, Inc., and GM Group, Inc. He serves as the President of the Board of Trustees of the Puerto Rico Committee for Economic Development and actively participates in the boards of several other civic organizations. He serves as President of the Puerto Rico Olympic Trust and Member of the Puerto Rico Olympic Committee. He served as a Member of the Board of the National Museum of American History, Smithsonian Institution from November 1997 to December 1998. He serves as a Member of the Executive Committee of the Puerto Rico Banking Association. Since 1990, Mr. Carrion serves as a Member of the International Olympic Committee (IOC) and has been named to several of its commissions. He participated actively in Olympic Committee affairs in his native Puerto Rico. He serves as a Member of the Finance Commission and the TV & Internet Rights Commission since January 2002. He serves as Member of the Marketing Commission. He has been Member of the Executive Board for International Olympic Committee since August 2004. Mr. Carrion holds a Bachelor's degree from the Wharton School of Finance and Commerce at the University of Pennsylvania and a Masters degree in Management Information Systems from the Massachusetts Institute of Technology.

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BPOP:US	$29.27 USD	-0.40

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