discover financial services board of directors

Credit Card, NHL They collectively have substantive knowledge The 2020 FPA Board of Directors is responsible for setting the vision and strategic direction for the association, using FPA's core beliefs as the key filters for making decisions in a fiduciary capacity on behalf of members and constituents. Board members must think strategically, engage in open dialogue, and work collaboratively. and succession, compensation, corporate governance, public policy, international matters, banking and financial services. Our success is built on diverse corporate management and financial industry experience. Joseph F. Eazor is the president and chief executive officer of ERT, a global data and technology company that helps minimize risk in clinical trials. Discover, Corporate From 2010 to 2017, Mr. Aronin was also chairman and chief executive officer of Marathon Pharmaceuticals, a research-based prescription biopharmaceutical company. She has served as managing director of the Federal Housing Finance Board, where she established financial policies and oversaw management and safety and soundness for 12 Federal Home Loan Banks. Ms. Bush is a member of the board of directors of ManTech International Corporation, Marriott International, Inc., T. Rowe Price Group, Inc., and Bloom Energy. Ms. Duncan retired from KPMG LLP, a global network of professional firms providing audit, tax and advisory services, in November 2013 where she had been managing partner of the Washington, D.C. metropolitan area since 2009. The Chairman and the members of the Board are appointed by the Prime Minister for a term not exceeding five years. He has served as chairman of the U.S. Treasury Department Borrowing Advisory Committee and as an executive committee member of the Board of Directors of the Securities Industry and Financial Markets Association. From October 2017 through February 2018, Mr. Thierer also served as the interim chief executive officer of Dentsply Sirona Inc., a manufacturer of dental implants. Back Credit Card, Travel Item 9.01 Financial Statements and Exhibits. For more information, visit www.discover.com/company. Thomas G. Maheras was appointed independent chairman in May 2020, following his service as director starting in 2008. Discover Board Appoints Thomas Maheras as Chairman Following Death of Lawrence Weinbach, https://www.businesswire.com/news/home/20200504005773/en/, Contact The Board composition is as follows: Leon Snagg – Chairman; Alma Dougan – Deputy Chair After submitting your request, you will receive an activation email to the requested email address. Mr. Hochschild is also on the board of directors of Principal Financial Group. “I benefitted greatly from Larry’s steady guidance and stewardship, and I am grateful for having had the opportunity to work so closely with him.”. Board of Directors. His experience and knowledge of the business will be invaluable to us in his new capacity as chairman,” said Hochschild, who also is a board member. Mark A. Thierer is managing partner of AssetBlue Investment Group, a position he has held since 2017. The distribution of Discover isscheduled to occur on June 30, 2007. In 1999, Mr. Burgess retired from Arthur Andersen LLP where he was an accounting and business advisory partner serving numerous manufacturing, insurance and financial services enterprises. He comes to the Board with over 30 years’ experience in Banking, Investment Consulting and Project Management and corporate governance. He was executive vice president, chief administrative and strategic officer for Morgan Stanley from 2001 to 2004, and was executive vice president, chief marketing officer - Discover from 1998 to 2001, when Discover was a part of Morgan Stanley. Mr. Thierer previously served as chairman and chief executive officer of Catamaran Corporation, one of the nation's largest pharmacy benefit management companies, from March 2011 until it combined with OptumRx in 2015. Mr. Moskow was a Deputy U.S. Trade Representative, following his appointment by President Bush in 1991, and earlier in his career, held a number of senior positions with the U.S. government, including undersecretary of labor at the U.S. Department of Labor, director of the Council on Wage and Price Stability and senior staff economist with the Council of Economic Advisers. Other members of the board will include: Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. ... Head of the Corporate Banking Group in 1988 and headed a number of the Bank's major operating Groups, including the Financial Services Group and the Corporate Affairs Group. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance around the world. Please Note: JavaScript is not enabled in your web browser. She served as vice president and head of International Finance of Fannie Mae and as the U.S. Alternate Executive Director of the International Monetary Fund Board. Us, Terms Prior to that, he was the executive chairman of Unisys Corporation, a worldwide information services and technology company, from 2005 to 2006, and its chairman and chief executive officer from 1997 to 2004. She is a Senior Research Scholar at the Institute for Corporate Responsibility at the George Washington University School of Business and a member of the Dow Jones Special Committee. Weinbach most recently was chairman of Great Western Products Holdings, LLC, a manufacturer and master distributor of food and nonfood concession products, since 2009 and a managing director of Yankee Hill Capital Management, LLC, a private equity firm, since 2006. Mary K. Bush has served as the chairman of Bush International, LLC, a financial and business strategy advisory firm, since 1991. Discover Financial Services . Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. View the full release here: https://www.businesswire.com/news/home/20200504005773/en/. Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. Lawrence Weinbach (Photo: Business Wire) Weinbach, who was 80, joined Discover as an original board member when the company went public in 2007 and was lead director on Discover’s board from 2009 to 2018. Scorecard, Cash a Friend, About We thrive on diversity & inclusion. jondrummond@discover.com. The Board of Directors, which is responsible for the overall coordination and strategic direction of the FSA, is comprised of experienced individuals in wide ranging fields of expertise, such as Finance, Accounting, Law and Insurance. Peter S. Burgess, CPA has served on our board of directors since 2004. The Discover Board of Directors has appointed board member Thomas Maheras as Chairman, effective immediately, following the unexpected May 1 death of Chairman Lawrence Weinbach. § 1831o-1) and section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System Responsibility. Discover Financial Services Names Jennifer L. Wong to Board of Directors RIVERWOODS, Ill.--( )-- Discover Financial Services announced today that Jennifer L. Wong, chief operating officer at Reddit, Inc., has joined the company’s Board of Directors.read more I am pleased to inform you that the company’s Board of Directors approved the distribution of all of the common stock of Discover Financial Services, a wholly-owned subsidiary that isaleading credit cardissuer and electronic payment services company. Mr. Ben Gogo is an experienced financial consultant. He is also chairman and chief executive officer of Paragon Biosciences, LLC, a global healthcare development and biopharmaceutical Prior to his appointment at Discover, Nelms was Vice Chairman of MBNA America Bank. Ms. Duncan is a member of the board of directors of Teleflex Inc. and served on the board of FTD Companies, Inc. from 2014 to 2019. The Review’s call for the mandating of independent trustee directors was followed by a Federal Government consultation into superannuation governance, which in a 2013 consultation paper stated that a threshold issue for superannuation governance is the number of independent directors. Discover Financial Services Officers & Directors David W. Nelms has served as our Chairman since January 2009 and our Chief Executive Officer since 2004, and was also our Chairman from 2004 until our spin-off from Morgan Stanley in 2007. Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. In 2009, Ovation Pharmaceuticals was acquired by Lundbeck, Inc. Mr. Aronin served as president and chief executive officer of Lundbeck, Inc. during Dr. Cynthia A. Glassman was appointed by President Bush as Under Secretary for Economic Affairs at the U.S. Department of Commerce from 2006 to 2009 and as Commissioner of the U.S. Securities and Exchange Commission from 2002 to 2006, including serving as Acting Chair during the summer of 2005. its acquisition and integration of Ovation Pharmaceuticals. You must click the activation link in order to complete your subscription. It operates through its subsidiaries, Discover Bank and Discover Home Loans, Inc. Former CEO of Renovate America Inc., and Former Executive Vice President and Chief Financial Officer of Discover Financial Services, Inc. Roy A. Guthrie brings more than 30 years of experience to his role on the Board of Directors. “Larry was an exceptional leader who will be greatly missed,” Maheras said. Mr. Moskow serves on the board of directors of Commonwealth Edison Company, a subsidiary of Exelon Corporation, and Flowstone Private Equity Opportunity Fund. Shares Out 323.73M. He also has an extensive background in consumer finance, including the private label credit card industry. Credit Card, Cardmember Mr. Hochschild was president and chief operating officer of Discover from 2004 to 2018. Ms. Duncan also was on the KPMG LLP board of directors from 2009 to 2013, and served as chair of the board's nominating committee as well as the partnership and employer of choice committee. Margaret Keane is Chief Executive Officer of Synchrony, one of the nation’s premier consumer financial services companies. This press release features multimedia. “I am honored to take over as chairman and look forward to working with my fellow board members and Discover’s strong leadership team to deliver on the company’s purpose of helping people achieve a brighter financial future.”. You can sign up for additional alert options at any time. Back Rewards, Refer Mr. Hochschild was president and chief operating officer of Discover from 2004 to 2018. Chat Follow Unfollow. Equity Loans, Personal Since its inception in 1986, the company has become one of the largest card issuers in the United States. of Use, Credit Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. The board of directors of DFS shall take appropriate steps to fully utilize DFS's financial and managerial resources, pursuant to section 38A of the FDI Act (12 U.S.C. Prior to that, she served in various roles at the firm, including managing partner for audit for the Midatlantic area and audit partner in charge for the Virginia business unit. He served as independent chairman since January 2019. If you experience any issues with this process, please contact us for further assistance. Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Independent Chairman - Risk Oversight Committee, Director - Compensation and Leadership Development Committee, Director - Nominating and Governance Committee (Chair), Risk Oversight Committee, Director - Compensation and Leadership Development Committee (Chair), Director - Audit Committee, Nominating and Governance Committee, Director - Risk Oversight Committee (Chair), Director - Compensation and Leadership Development Committee, Nominating and Governance Committee. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. Theft Protection, Cash Ms. Duncan was admitted to the KPMG LLP partnership in 1987 and had more than 35 years of experience as a professional with the firm. Discover Financial Services 55.6400 USD -1.45% 55.6400 USD -1.45% 23.2500 87.4300 52 weeks 52 weeks Mkt Cap 18.01B. Loans, Student in Economics from the North Carolina State University, USA. Mr. Thierer is a member of the board of directors of Xeris Pharmaceuticals, Inc. Jennifer L. Wong has been the chief operating officer of Reddit, Inc., a community and discussion platform, since 2018, where she oversees business strategy and growth, and related teams for the company. Roger C. Hochschild was named chief executive officer and president, effective October 2018, and was elected to the Discover board of directors in August 2018. Gregory C. Case has been chief executive officer of Aon plc, a leading global professional services firm providing advice and solutions in risk, retirement and health, since 2005 and was president from 2005 to 2018. Subscribe to this site. Resources, ATM Last week, Discover Financial Services announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share. Loans, Identity RIVERWOODS, Ill.--(BUSINESS WIRE)--Jul 19, 2019--Discover Financial Services announced today that Jennifer L. Wong, chief operating officer at Reddit, Inc., has joined the company’s Board of Directors. Chairman and Chief Executive Officer of The Penn Mutual Life Insurance Company. “The entire Discover community joins me in extending its deepest sympathies to Larry’s family as the company mourns the untimely passing of our colleague, leader and friend,” said Roger Hochschild, CEO and president of Discover. and skills applicable to our business, including in the areas of regulation, public accounting and financial reporting, finance, risk management, business development, technology, marketing, operations, strategic planning, management development Our Leadership Michael H. Moskow is currently Vice Chair and Distinguished Fellow, Global Economy at The Chicago Council on Global Affairs. A member of its Board of Directors, she led the company’s successful initial public offering in July 2014 and split-off from GE in November 2015. Public Relations Discovery Limited is governed by a Board of Directors that consists of 19 members – nine are executive and 10 are non-executive. From 2000 to 2009, he was president and chief executive Jeffrey S. Aronin has been chairman and chief executive officer of Paragon Pharmaceutical Capital, LLC since 2010. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support He has served as chairman of the U.S. Treasury Department Borrowing Advisory Committee and as an executive committee member of the Board of Directors of the Securities Industry and Financial Markets Association. If JavaScript is disabled, some of the functionality on our website Credit Card, Business RIVERWOODS, Ill.-- ( BUSINESS WIRE )--Discover Financial Services announced today that Jennifer L. Wong, chief operating officer at Reddit, Inc., has joined the company’s Board of Directors. Prior to joining McKinsey, he worked for the investment banking firm of Piper, Jaffray and Hopwood and the Federal Reserve Bank in Kansas City. The company operates through two segments: Direct Banking and Payment Services. He holds an MSc. Dr. Glassman served on the board of Navigant Consulting, Inc. from 2009 to 2019. About us ... Board of Directors. Mr. Eazor also served on the board of Commvault, a data protection and information management company, from 2015 to 2018. The dividend is payable on March 8 to shareholders of record as of February 22. will not work, such as the display of rates and APRs. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. 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