Robert M. Stuart, Jr., head of Capital One Middle Market Commercial Banking, will retire April 1, 2017 after more than 37 years with Capital One and its predecessor banks.

In his role as head of Commercial & Industrial Banking, Bob McCarrick will take over the majority of Stuart’s responsibilities. Capital One Commercial Banking and New Orleans executive Steve Hemperley will assume the role of head of Middle Market Regional Sales.

Stuart joined Hibernia National Bank in 1986 when Fidelity National Bank, for which he served as a Commercial Lending department manager, merged with Hibernia. Before Capital One’s acquisition of Hibernia in 2005, Stuart served as Hibernia’s chief credit officer. He has led Capital One’s Middle Market Commercial Banking business since 2011, serving Commercial and Industrial clients.

“It has been an honor to lead an exceptional team of Commercial Banking professionals across Capital One’s footprint,” said Stuart. “We’ve made great progress in establishing Capital One as a trusted and solutions-driven partner for commercial banking clients, and I am confident that Bob and Steve will do an excellent job of continuing to grow the business and provide our customers with the highest levels of service.”

“Rob has successfully directed Capital One’s Middle Market banking team, setting a high standard for strategic leadership and exhibiting a steadfast commitment to our clients and communities. It’s a legacy I plan to uphold,” said McCarrick. “Our leadership in Louisiana remains strong as Rob retires, with Steve leading our national sales efforts from New Orleans and Chris Haskew continuing to serve as regional middle market manager for Louisiana and state market president out of Baton Rouge.”