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March 28, 2015 3:44 PM ET


Company Overview of Santander Holdings USA, Inc.

Company Overview

Santander Holdings USA, Inc. operates as the holding company for Sovereign Bank, National Association that provides various banking services. The company operates through eight segments: Retail Banking; Investment Services; Auto Finance & Alliances; Real Estate & Commercial Banking; Global Banking and Markets & Large Corporate Banking; Specialty & Government Banking; Non-Strategic Assets; and SCUSA. The Retail Banking segment offers demand deposits, money market and savings accounts, certificates of deposits, and retirement savings products; consumer loans, such as home equity loans and lines of credit; and business banking loans and small business loans to individuals. The Investment Servic...

75 State Street

Boston, MA 02109

United States

Founded in 1984

14,000 Employees



Key Executives for Santander Holdings USA, Inc.

Chief Executive Officer, President and Director
Age: 51
Chief Financial Officer
Age: 55
Managing Director of Technology and Operations
Age: 42
Director, Chief Executive Officer of Santander Bank and President of Santander Bank
Age: 49
Chairman of New York City Regional Division, Chairman of New Jersey Regional Division, Chief Executive of New York City Regional Division and Chief Executive of New Jersey Regional Division
Age: 66
Compensation as of Fiscal Year 2014.

Santander Holdings USA, Inc. Key Developments

Santander Holdings USA, Inc. Names Scott Powell as CEO

The Board of Directors of Santander Holdings USA, Inc. announced that Scott Powell has been named Chief Executive Officer, effective immediately. Mr. Powell brings extensive experience in retail banking, risk management and consumer and auto lending to Santander. He has held a variety of roles at J.P. Morgan Chase & Co., including Head of Banking and Consumer Lending Operations, CEO of Consumer Banking and Retail Investments, Head of Consumer Lending, as well as Chief Risk Officer, Consumer. He also spent 14 years at Citi in a variety of risk management roles. Most recently, Mr. Powell was Executive Chairman of National Flood Services Inc.

Santander Holdings USA Declares Quarterly Dividend on Preferred Stock, Payable on February 17, 2015

Santander Holdings USA, Inc., parent company of Santander Bank, N.A., announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. Dividend payment of $0.45625 per depositary share is payable on February 17, 2015 to holders of record on February 1, 2015 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

Santander Holdings USA, Inc. and Santander Bank, N.A. Announce Board Changes

Santander Holdings USA, Inc. announced the appointment of T. Timothy Ryan, Jr. as non-executive Chairman of the Board of Directors of Santander Holdings USA, Inc. and of Santander Bank, N.A. Mr. Ryan, formerly Vice Chairman for Regulatory Affairs of JPMorgan Chase & Co. Inc., succeeds Jerry Grundhofer, who served as Chairman of both boards for the past three years. Mr. Ryan rejoined JPMorgan Chase as Global Head and Regulatory Strategy in January 2013, and became Vice Chairman in April 2014.

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