investment firm. Board members must think strategically, engage in open dialogue, and work collaboratively. He was a member of the Group Executive Committee since 1986 and Deputy Managing Director since 1996. 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. Thomas G. Maheras was appointed independent chairman in May 2020, following his service as director starting in 2008. View source version on businesswire.com: From 2000 to 2009, he was president and chief executive 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. We thrive on diversity & inclusion. § 1831o-1) and section 225.4(a) of Regulation Y of the Board of Governors of the Federal Reserve System 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. Dr. Glassman served on the board of Navigant Consulting, Inc. from 2009 to 2019. ), BA. 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. “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.”. 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. Agreement, Home Shares Out 323.73M. Mr. Eazor previously served as the president and chief executive officer of EarthLink, Inc., a leading communications and IT services provider, and was a member of EarthLink’s board from January 2014 until February 2017. 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 Last week, Discover Financial Services announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share. He also has an extensive background in consumer finance, including the private label credit card industry. Jon Drummond Mr. Ben Gogo is an experienced financial consultant. Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. Company profile page for Discover Financial Services including stock price, company news, press releases, executives, board members, and contact information Loans, Identity 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. Mr. Hochschild was president and chief operating officer of Discover from 2004 to 2018. Discover Dexus Discover Dexus . 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. Kenneth L. Keller Vice President, Commercial Loan Officer Peoples Security Bank & Trust Doylestown, PA He was chief executive officer of OptumRx, a pharmacy care services company, from 2015 to 2017. Michael H. Moskow is currently Vice Chair and Distinguished Fellow, Global Economy at The Chicago Council on Global Affairs. 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. Since its inception in 1986, the company has become one of the largest card issuers in the United States. He is also a member of Aon's board of directors. and succession, compensation, corporate governance, public policy, international matters, banking and financial services. Send me real-time posts from this site at my email . Served as President of New England Financial, a wholly owned subsidiary of MetLife, and Senior Vice President of the Guardian Life Insurance Company. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Credit Card, NHL “Larry was an exceptional leader who will be greatly missed,” Maheras said. 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. He holds an MSc. Resources, ATM Mr. Moskow serves on the board of directors of Commonwealth Edison Company, a subsidiary of Exelon Corporation, and Flowstone Private Equity Opportunity Fund. Prior to assuming this role in October 2020, he served as president and chief executive officer of Conifer Health Solutions, a healthcare business solutions organization, from January - August 2020. You can sign up for additional alert options at any time. Mr. Hochschild was president and chief operating officer of Discover from 2004 to 2018. From 2011 to 2013, he served as executive vice president and chief operating officer of global sales and customer operations at EMC and prior to that he served in a variety of leadership roles at Hewlett Packard and Electronic Data Systems. 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. Board Members: Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. RIVERWOODS, Ill.--(BUSINESS WIRE)-- 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. Prior to joining McKinsey, he worked for the investment banking firm of Piper, Jaffray and Hopwood and the Federal Reserve Bank in Kansas City. Prior to his appointment at Discover, Nelms was Vice Chairman of MBNA America Bank. He retired as president and chief executive officer of the Federal Reserve Bank of Chicago in 2007, where he had served since 1994. Chairman: Prof. John Mamo, LL.D., B. Litt (Oxon. Credit Card, Business Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Jeffrey S. Aronin has been chairman and chief executive officer of Paragon Pharmaceutical Capital, LLC since 2010. 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. Back Credit Card, Travel Discover Board Appoints Thomas Maheras as Chairman Following Death of Lawrence Weinbach, https://www.businesswire.com/news/home/20200504005773/en/, Contact It operates through its subsidiaries, Discover Bank and Discover Home Loans, Inc. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. In 2007, she served on the U.S. Department of the Treasury's Advisory Commission on the Auditing Profession. 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. Since 2003, Mr Gogo has served as Board Chairman for the MFund Board. Discover Financial Services; Discover Financial Services ... Directors & Boards is a quarterly magazine dedicated to the topics of leadership and corporate governance. 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. 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. 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. Please Note: JavaScript is not enabled in your web browser. 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. Locator, Credit 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. 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. Chat Follow Unfollow. Other members of the board will include: At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. He is also chairman and chief executive officer of Paragon Biosciences, LLC, a global healthcare development and biopharmaceutical Item 9.01 Financial Statements and Exhibits. Discovery Limited is governed by a Board of Directors that consists of 19 members – nine are executive and 10 are non-executive. Discovery’s Executive Committee implements the strategies approved by the Discovery Limited Board of Directors. Theft Protection, Cash a Friend, About 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. Scorecard, Cash For more information, visit www.discover.com/company. Peter S. Burgess, CPA has served on our board of directors since 2004. 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. Public Relations Discover Financial Services is an equal opportunity employer (EEO is the law). Roger C. Hochschild. its acquisition and integration of Ovation Pharmaceuticals. 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. ... 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. Discover Financial Services . Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. Margaret Keane is Chief Executive Officer of Synchrony, one of the nation’s premier consumer financial services companies. proxy — discover financial services this voting instruction form is being provided to you on behalf of the board of directors for the 2013 annual meeting of shareholders to be held on april 17, 2013 discover financial services 2013 voting instruction form for participants in the discover financial services … Mary K. Bush has served as the chairman of Bush International, LLC, a financial and business strategy advisory firm, since 1991. In 2009, Ovation Pharmaceuticals was acquired by Lundbeck, Inc. Mr. Aronin served as president and chief executive officer of Lundbeck, Inc. during Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. 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 of Directors. Maheras, 57, joined the board in 2008. This press release features multimedia. will not work, such as the display of rates and APRs. 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. They collectively have substantive knowledge officer of Ovation Pharmaceuticals Inc., a biopharmaceutical company he founded in 2000. (d) Exhibits Exhibit No. Director, Chief Executive Officer and President. Prior to joining Aon, Mr. Case was with McKinsey & Company, an international management consulting firm, for 17 years, most recently serving as head of the Financial Services Practice. Mr. Hochschild is also on the board of directors of Principal Financial Group. Its readers are at the very pinnacle of business: board chairmen, CEOs and members of senior management, corporate board members, and board advisers Roger was president and chief operating officer of Discover from 2004 to 2018. 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. You must click the activation link in order to complete your subscription. 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. Our Leadership 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. Description 104 Inline XBRL for the cover page of this Current Report on 8-K. Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. 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. Subscribe to this site. On November 24, 2020, Julie A. Loeger provided notice of her retirement from Discover Financial Services, effective December 31, 2020. Mr. Eazor also served on the board of Commvault, a data protection and information management company, from 2015 to 2018. Discover, Corporate Our directors have a combined wealth of leadership experience derived from extensive service guiding large, complex organizations as executive leaders or board members, and in government and academia. Services company including the private label credit card industry to any of the functionality our! Of Aon 's board of Directors that consists of 19 members – nine are and... Larry under these unfortunate circumstances will provide continuity for Discover as president and executive. 52 weeks Mkt Cap 18.01B Aronin was also chairman and chief operating officer of Synchrony one! Per common share declared a quarterly cash dividend of $ 0.35 per share! 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