Richard Carrión, who has been the face of Popular Inc. for the past 26 years, will step down from his post effective July 1, when he will become Executive Chairman of the Board of Directors of Popular.
Popular Inc., parent company of Banco Popular, on Tuesday reported net income of $89 million for the quarter ended June 30, 2016, compared to net income of $85 million for the quarter ended March 31, 2016.
Popular Inc. announced Tuesday that Richard Carrión will continue as CEO and Chairman of the financial institution after participating as a candidate for president of the International Olympic Committee (IOC).
Popular Inc. President Richard Carrión, who has also served as chairman of the Finance Commission of the International Olympic Committee and member since 1990, announced today his candidacy for the presidency of the sporting organization, bringing with him a "clear vision to address the major challenges and opportunities that lie ahead of the Olympic movement."
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