Executive’s expertise and community commitment expected to strengthen Capital One’s business, philanthropic priorities in Collin CountyCapital One has named Eric J. Schuppenhauer as Collin County market president. In this role, he will oversee the design, development and implementation of an integrated community strategy for Capital One in Collin County.
Schuppenhauer is on the senior leadership team of Capital One’s Plano-based Financial Services division, serving as senior vice president and head of the company’s Mortgage business.
Schuppenhauer assumes market president responsibilities from Girish Bachani, who served in the role for the past two years. Bachani is senior vice president and chief financial officer for the division.
Sanjiv Yajnik, president, Capital One Financial Services, who also serves as the company’s South Central Regional president for community efforts, said: “Through their hands-on knowledge and internal and external networks, our market presidents help connect Capital One’s resources with the communities we serve. With his dedication to and extensive involvement in the community, Eric is well-suited to bring Capital One’s passion for community service to life in Collin County. We thank Girish for his tremendous contributions as the market president over the past two years.”
Schuppenhauer is on the executive committee for Habitat for Humanity of South Collin County. He also serves on the Housing Policy Council of the Financial Services Roundtable in Washington, D.C.
Schuppenhauer champions Capital One’s “Home Loans has Heart” program, which launched in 2013, and just built its fourth house in partnership with Habitat for Humanity of South Collin County. Over the years, a thousand Capital One associates have volunteered through this program to build homes for first-time homeowners.
“Home Loans has Heart” is a part of the company’s Place-Based Initiative (PBI) in East Plano, which will be a significant focus of Schuppenhauer’s as Collin County market president. The East Plano PBI is a multi-faceted community revitalization project created by Capital One to serve as a catalyst for the continued development of Plano east of Highway 75 and represents a strategic investment by the company to enhance and expand economic opportunities for families and businesses in the area.
In 2015, Capital One launched a five-year, $150 million initiative, called Future Edge, to help more American workers and entrepreneurs get the skills, tools and resources they need to succeed in the 21st century. As a part of this initiative, Future Edge DFW symbolizes Capital One’s commitment to make Dallas-Fort Worth a destination for top talent, spur growth as a world-renowned technology hub, and nurture leaders of tomorrow. Focus on Collin County is a major component of Future Edge DFW.
Schuppenhauer joined Capital One in 2014 to head Capital One’s Mortgage business. Before that, he served in various leadership capacities with JPMorgan Chase, Fannie Mae, Credit Suisse, the U.S. Securities and Exchange Commission and KPMG. He earned his bachelor’s degree in Commerce (with a concentration in Accounting) from the University of Virginia.