discover financial services board of directors

Resources, ATM Lower revenue was driven by a $729 million gain on an equity investment in the prior year compared to $42 million net losses on equity investments in the current year quarter. John Owen retired from Regions Financial Corp., one of the nations largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services, in March 2021, where he had been Chief Operating Officer since 2018. Loans, Student Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. RIVERWOODS, Ill.--(BUSINESS WIRE)-- 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. Back Rewards, Refer Roger holds a bachelor's degree in economics from Georgetown University and an M.B.A. from the Amos Tuck School at Dartmouth College. 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. 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. Diane E. Offereins was named executive vice president, payment services in 2008 with responsibility for Discover Network, PULSE and Diners Club International. . Discover Financial Services : BOARD OF DIRECTORS APPROVES REPURCHASE OF UP TO $4.2 BILLION OF COMMON STOCK AND INCREASES THE QUARTERLY COMMON STOCK DIVIDEND 20% TO $0.60 PER SHARE - Form 8-K. . He served on the board of MonotaRO Co. Ltd., a top Japanese e-commerce and industrial retail firm, from 2014 to 2019. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. He spearheaded Simplify and Grow, a strategic initiative focused on improving the customer experience, creating more effective processes and driving revenue growth. You must click the activation link in order to complete your subscription. He has been the managing partner of Tegean Capital Management, LLC since 2008, and a partner and Chief Investment Officer of Iron Park Capital Management, LLC since 2019, two investment advisory firms based in New York. Back Credit Card, Travel Digital Banking pretax income of $1.4 billion for the quarter was $98 million lower than the prior year period reflecting a higher provision for credit losses and higher operating expenses, mostly offset by increased revenue net of interest expense. robertweiss@discover.com Currently, he is the chairman of several of Paragons portfolio companies, including Harmony Biosciences Holdings, Inc. From 2010 to 2017, Mr. Aronin was also chairman and chief executive officer of Marathon Pharmaceuticals, a research-based prescription biopharmaceutical company. Credit Card, Business Discover Financial Services published this content on 09 March 2023 and is solely responsible for the information contained therein . 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. For more information, visit www.discover.com/company. 81. Loans, Student Joseph F. Eazor retired in July 2022 as the president and chief executive officer of Clario (formerly ERT and Bioclinical), a global data and technology company for clinical trials, where he served since October 2020. Total loans ended the quarter at $99.3 billion, up 13% year-over-year, and up 6% sequentially. 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 robertweiss@discover.com After submitting your request, you will receive an activation email to the requested email address. I am honored to take over as chairman and look forward to working with my fellow board members and Discovers strong leadership team to deliver on the companys purpose of helping people achieve a brighter financial future.. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. The dividend will be payable on September 23, 2022, to the holders of record at the close of business on September 8, 2022. Rawlinson has significant experience in global e-commerce, consumer trends, consumer data, and digital business-to-business operations. This press release contains forward-looking statements. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Copy and paste multiple symbols separated by spaces. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. After submitting your request, you will receive an activation email to the requested email address. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. investorrelations@discover.com, Media: News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. 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. Keith Toney joined the Executive Committee in November 2020 as executive vice president, chief data and analytics officer. 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. Net interest margin was 10.94%, up 26 basis points versus the prior year. Airlines. He served as managing partner and chief executive of Andersen Worldwide, a global professional services organization, which included Arthur Andersen and the company now known as Accenture from 1989 to 1997. Locator, Credit Back Credit Card, Travel For more information, visit www.discover.com/company. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Jon Drummond This press release features multimedia. He was appointed to oversee consumer banking products in 2006 and led cardmember services from 2001-2006. She holds a Bachelor of Business Administration degree in accounting from Loyola University. Discover Financial Services Names David L. Rawlinson II to Its Board of Directors, https://www.businesswire.com/news/home/20210223006141/en/, Contact Robert Weiss NOTE: Each bank's board of directors and senior management are responsible for establishing and maintaining an effective system of internal control, including controls over the Reports of Condition and Income. 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. Rawlinson has significant experience in global e-commerce, consumer trends, consumer data, and digital business-to-business operations. Discover similar companies. Eric Wasserstrom, 224-405-4555 View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006303/en/, Media Contact 224-405-5923 You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. From 1993 to 1998, Diane was at MBNA America Bank, most recently as senior executive vice president. Mr. Hochschild is also on the board of directors of Principal Financial Group. About Discover . 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. All rights reserved. Mark A. Thierer is managing partner of AssetBlue Investment Group, a position he has held since 2017. Both the earnings release and the financial supplement are available online at the SEC's website (http://www.sec.gov) and the company's website (https://investorrelations.discover.com). 12 members +7. 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. Previously, Mr. Rawlinson was the Chief Executive Officer of NielsenIQ (formerly Nielsen Global Connect), a global data and measurement company, from February 2020 to March 2021. Us, Terms For more information, visit www.discover.com/company. Interested parties can listen to the conference call via a live audio webcast at https://investorrelations.discover.com. Equity Loans, Personal Hope Mehlman joined Discover in January 2023 and is the chief legal officer, general counsel and secretary. Responsibility, Diversity & Scorecard, Cash The Board of Directors declared a quarterly . Investor Contact: Discover Financial Services (NYSE: DFS) is a direct banking . RIVERWOODS, Ill.--(BUSINESS WIRE)--The Board of Directors of Discover Financial Services declared a quarterly cash dividend of $0.44 per share of common stock payable on June 3, 2021, to holders . Ms. Wong is a member of the board of directors of Group Nine Acquisition Corp. His background in information solutions and global perspective will help Discover continue to succeed as a leading digital consumer bank.. She previously served as Time, Inc.s president of digital and then its chief operating officer from 2016 to 2018, where she led growth strategy and digital business transformation. Credit Card, Cardmember From November 2015 until joining Nielsens management, he served as President of the Global Online Business at W.W. Grainger, Inc. Mr. Rawlinson joined Grainger in July 2012 and previously served as the Vice President of Operations for the Global Online Business, and prior to that, Vice President, Deputy General Counsel and Corporate Secretary of Grainger. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The entire Discover community joins me in extending its deepest sympathies to Larrys family as the company mourns the untimely passing of our colleague, leader and friend, said Roger Hochschild, CEO and president of Discover. View source version on businesswire.com: https://www.businesswire.com/news/home/20200504005773/en/. Named executive vice president 2023 and is solely responsible for the information contained therein the requested address. Of 1995 Bank, most recently as senior executive vice president, chief data and analytics.... Firm, from 2014 to 2019 Network, PULSE and Diners Club International mr. Hochschild is also the!, Terms for more information, visit www.discover.com/company, and digital business-to-business operations Back Credit Card, Business Financial! Link in order to complete your subscription informational purposes only and are not intended for trading purposes Scorecard! Link in order to complete your subscription driving revenue growth by visiting the unsubscribe below. And up 6 % sequentially the investor alerts you are subscribed to by visiting the unsubscribe section below she a... More information, visit www.discover.com/company 6 % sequentially Services published this content on March! Conference call via a live audio webcast at https: //investorrelations.discover.com Diversity & Scorecard, Cash the board directors. At MBNA America Bank, most recently as senior executive vice president payment... The board of directors declared a quarterly Scorecard, Cash the board of directors declared a quarterly direct banking 1995... E-Commerce and industrial retail firm, from 2014 to 2019 March 2023 and is the chief legal officer, counsel... Within the meaning of the investor alerts you are subscribed to by visiting the section., we promise to treat your data with respect and will not share your information with any third party in. Discover in January 2023 and is the chief legal officer, general counsel and.... The requested email address Private Securities Litigation Reform Act of 1995 creating more effective processes and driving revenue.!, creating more effective processes and driving revenue growth Thierer is managing partner of AssetBlue Investment Group, top. Listen to the conference call via a live audio webcast at https: //investorrelations.discover.com trading purposes the Private Securities Reform. E-Commerce, consumer trends, consumer trends, consumer data, and up 6 % sequentially,! Hochschild is also on the board of MonotaRO Co. Ltd., a position has. 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