He received a bachelor's degree from the Wharton School of Finance and Commerce in 1974 and an MS in Management Information Systems from the MIT Sloan School of Management in 1976. His grandfather was one of the founders of Popular, Inc. Carrión is the cousin of Puerto Rican actress and radio talk show host Camille Carrión.Carrión was born and raised in San Juan, Puerto Rico. Carrión, an old-school business native of San Juan, Puerto Rico, is married to Conxita Martorell and has five children: Io Ana, Richard, Ceciliana, Ana Sofía and Rafael Luis. At the 125th IOC Session in Buenos Aires, Carrión secured 29 votes in the final round of voting, but lost the election to Thomas Bach. On Richard Carrión confirmed that he would run for President of the IOC. Culson and Espinal were the first Puerto Ricans to win Olympic medals outside of boxing. In 2012, Carrión awarded Javier Culson with the bronze medal for the 400 m hurdles and Jaime Espinal with the silver medal for wrestling freestyle 84 kg at the 2012 Olympics. That bid failed, however, when Athens was voted in 1997 as the city to host those games. He was one of the torch carriers for the 2006 Winter Olympics in Torino, Italy.įrom 1987, he and the Puerto Rico Olympic Committee led a fight to try to bring the 2004 Summer Olympic Games to San Juan. broadcast of the 20 Olympic Games - generating $2 billion in revenue - and was elected to the IOC Executive Board in 2004. Carrión led the negotiation team for the U.S.
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He has been a member of the International Olympic Committee (IOC) since 1990 and currently chairs the Finance Commission and is a member of the IOC’s Marketing, TV and Internet Rights Commissions. He participated in Sapientis Week, an initiative sponsored by the non-profit Sapientis which brings distinguished public figures into classrooms in order to raise the public's awareness of the education crisis in Puerto Rico. Carrión has also contributed to improving Puerto Rico's public education system. In 2007, he was appointed a member of the International Basketball Federation (FIBA) Finance Commission. Since 1992, Carrión has also been involved in the production of music videos that highlight Puerto Rico's musical culture and history. He currently served on the board of directors of the Puerto Rico Telephone Company and Verizon. He is the founder and trustee of the Banco Popular Foundation which, among other charities, has donated scholarships to over 1,000 students through the Rafael Carrión, Jr. Carrión has divided his time between Popular and philanthropy, placing particular emphasis on education and sports. The company added that the position of Chief Operating Officer would not be filled at this time. The board appointed Chairman and Chief Executive Richard Carrión as President. In 1999, after the acquisition of GM Group, Inc., the largest data processing center in the Caribbean, Popular consolidated its leadership role in the technological arena, thus creating EVERTEC, a new leader in information technology.Īs of May 24, 2010, Popular Inc.'s board of directors announced that David Chafey, Jr., president and chief operating office would no longer be employed by the company. In the information technology arena, Carrión’s vision brought the first network of ATMs to Puerto Rico and many other Latin American countries, and also spearheaded the successful migration from paper to electronic transactions.
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Recently, he also headed Popular’s recent acquisition of Quaker City, a savings and loan holding company for Quaker City Bank, based in Whittier, California, and Kislak National Bank, a Florida-based commercial bank. At the time of the acquisition, Banco de Ponce was the second largest bank in Puerto Rico. Carrión was President of Banco Popular, Popular completed the acquisition of various financial institutions, including Banco de Ponce, Banco Roig, Seminole Bank, First State Bank of Southern California, Gore Bronson Bancorp in Chicago and Aurora National Bank. As CEO, Carrión has led the way through numerous innovations in the company such as its expansion through the Caribbean, Latin America and the United States. Today, Banco Popular, a wholly owned subsidiary of Popular, Inc., is Puerto Rico's leading depository institution, the largest Hispanic-owned bank in North America, and one of the 30 most important financial institutions in the Americas. Carrión is the Chief Executive Officer and Chairman of the Board of Popular, Inc., a publicly traded financial holding company with more than $45 billion in consolidated assets. After his father's death, Carrión became the leader of that banking corporation.
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Carrión was born and raised in Puerto Rico.