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August 03, 2015 7:37 AM ET

Banks

Company Overview of Santander Holdings USA, Inc.

Company Overview

Santander Holdings USA, Inc. operates as the holding company for Santander Bank, National Association that provides various banking services. The company operates through five segments: Retail Banking; Auto Finance & Alliances; Real Estate & Commercial Banking; Global Banking and Markets & Large Corporate Banking; and SCUSA. The Retail Banking segment provides demand and interest-bearing demand deposit accounts, 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. This segment also offers investment services; annuities, mu...

75 State Street

Boston, MA 02109

United States

Founded in 1984

14,000 Employees

Phone:

617-346-7200

Key Executives for Santander Holdings USA, Inc.

Chief Executive Officer, President and Director
Age: 52
Chief Financial Officer
Age: 56
Managing Director of Technology and Operations
Age: 43
Director, Chief Executive Officer of Santander Bank and President of Santander Bank
Age: 50
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: 67
Compensation as of Fiscal Year 2015.

Santander Holdings USA, Inc. Key Developments

Santander Holdings USA, Inc. Announces Board Appointments

Santander Holdings USA, Inc. announced a broad reorganization of its Board of Directors, including the appointment of four new independent SHUSA directors and the creation of the position of Lead Independent Director. The new independent SHUSA directors will be Alan Fishman, Thomas S. Johnson, Catherine Keating, and Richard Spillenkothen. SHUSA said Thomas S. Johnson would become the Company's first Lead Independent Director, a newly created position. The Lead Independent Director will chair board meetings in the absence of the Chairman, convene meetings of the independent directors and carry out the annual performance review of the Chairman. Javier Maldonado, Senior Executive Vice President and head of coordination and control of regulatory projects of Banco Santander, S.A. of Spain, also joined the Board of SHUSA.

Santander Holdings USA, Inc. Declares Quarterly Dividend on Preferred Stock, Payable on May 15, 2015

Santander Holdings USA, Inc. (SHUSA) announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per depositary share is payable on May 15, 2015 to holders of record on May 1, 2015 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

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.

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