Michael Wassmer Death, Cause of Death, Obituary | ICIN

The U.S. Card President –Michael Wassmer, passes away at 46

Mike Wassmer’s death was reported on June 16, 2022. The exact cause, however, is still unknown. Wassmer, 46, has been executive vice president of Capital One’s credit card operations in the U.S., barring co-branded credit cards, since 2013. 

As of February 15, 2021, he had a net worth of at least $23.6 million. Mr Wassmer held more than 2,081 Capital One shares worth $9,104,209 and had sold more than $8,857,141 in COF shares in the last five years.

Michael Wassmer Wiki, Age, Career, Biography

Since the year 2016, Mr Wassmer has served as President of the United States Card and was responsible for managing the company’s consumer credit card business in the United States. Mr Wassmer began his career at Capital One in July 1994. 

Mr Wassmer progressively held major responsibility across the company since then, broadening his knowledge and experience in strategy and analysis, finance, operations, and risk management for all of our consumer and small business, domestic and foreign credit card firms. 

Mr Wassmer was executive vice president of the company’s U.S. branded card division from 2013 to November 2016. Michael Wassmer’s total remuneration at Capital One is $5,618,230 in his role as President of USA Card. Four Capital One executives made more money, with Richard Fairbank getting the most at $7,705,790.

What was the cause of this mishap?

Wassmer’s death was announced by a social media post that stated the perplexed situation of the family, as they were clueless about how this could happen so soon. The right cause of death is still understated. 

Michael Wassmer’s family is yet to release a statement on this tragic incident, as they are in utter shock and disbelief. But the authorities have assured to provide the factual information behind Wassner’s death. 

Now the only hope that we can give his family is by hoping to find the real cause behind it and praying for his soul. 

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