Carrión is the cousin of Puerto Rican actress and radio talk show host Camille Carrión. Carrión has 4 children from his first marriage, Io Ana, Richard, Ceciliana and Ana Sofía. He was previously married to Conxita Viñamata Martorell, with whom he had a son, Rafael Luis. Personal life Ĭarrión is currently married to Isabella Heseltine. 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 May 22, 2013, 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.Ģ013 Candidacy for IOC President 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 Turin, 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. 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 serves on the board of directors of 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. He also spearheaded the successful migration from paper to electronic transactions and the establishment of the largest data processing center in the Caribbean, a regional leader in information technology.įor almost three decades Mr. Carrión's vision brought the first network of ATMs to Puerto Rico and many other Latin American countries. Virgin Islands and several countries in Latin America. While at the helm of Popular, Inc., Carrión led the way in bringing technology innovation to banking in Puerto Rico, U.S. After his father's death, Carrión became the leader of that banking corporation. 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. All Rights Reserved.Carrión was born and raised in San Juan, Puerto Rico. Write to Matthias Rieker at ©2022 Dow Jones & Company, Inc. financial crisis and the ongoing economic slump in Puerto Rico, hitting around $10 in 2009. The stock continued to fall sharply all during the U.S. But a banking crisis on the island in 2005 hit the stock along with all stocks of the island's banks. bank stocks before the financial crisis, reaching almost $300 in late 2004, adjusted for a reverse split. Popular's stock had been one of the best performing U.S. Richard Carrion's father ran the bank as did his grandfather, who took control of in the late 1920s. The extended Carrion family had long owned a sizable stake in the bank and controlled its operations. The 60-year-old Carrion, who chairs the IOC finance commission and negotiates lucrative television rights deals, formally declared his candidacy Wednesday, May 22 for the most powerful. Monserrate said in a separate email, "We are now profoundly disappointed." FILE - In this file photo, International Olympic Committee IOC Executive Board member Richard Carrion speaks with the media in Quebec city, Canada. "The award simply chose to ignore… the fiduciary nature of a broker/client relationship," Mr. "I didn't sell the stock which I inherited from my mother, a Carrion, because I was not properly and timely advised to do so." Matienzo said in an email to the Wall Street Journal Saturday. "The panel's opinion, candidly believing every word my broker stated… is skewed and uninsightful," Ms. The panel noted that the couple's portfolio was heavily concentrated in the bank's shares.Ī spokesperson for Popular said, "We are pleased with the outcome and the decision reinforces our continuous efforts to ensure that our brokers provide the best possible advice and service to their customers." Matienzo is a distant relative of the bank's current chairman and chief executive, Richard Carrion, and inherited a large amount of Popular stock and bought additional shares, according to the arbitration decision.
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