discover financial services board of directors

of Use, Credit a Friend, About All rights reserved. Flayosc is a pretty medieval village that is less touristic than many of the villages in this region. of Use, Credit Discover. 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. Information processing decreased primarily due to software write-offs in the prior year quarter. 2023, Nasdaq, Inc. All Rights Reserved. Credit Card, Student The small village is centred around its traditional church, which is surrounded by a circle of medieval houses that formed the original defences for the village. Agreement, Home Discover, Corporate Resources, ATM 224-405-4555 Media Contact Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Mike has a bachelor of science degree in accounting from St. Johns University and completed the Tuck Executive Program at Dartmouth College. Michael H. Moskow is currently Vice Chair and Distinguished Fellow, Global Economy at The Chicago Council on Global Affairs. Diners Club volume was up 37% year-over-year reflecting an improvement in global travel and entertainment spending. 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. investorrelations@discover.com. Discover Financial Services Names John Owen to its Board of Directors, Contact Equity Loans, Personal ericwasserstrom@discover.com, Media Contact: Locator, Credit 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. Back Rewards, Refer 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. The Digital Banking segment focuses on consumer banking and lending products, specifically Discover-branded credit cards issued to individuals on the Discover Network and other consumer banking products and services including private student loans, personal loans, home loans, and deposit products. This press release contains forward-looking statements. You must click the activation link in order to complete your subscription. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Locator, Credit He is a former presidential appointee to the George W. Bush and Barack Obama administrations and served as a senior advisor for economic policy with the White House National Economic Council. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made, which reflect managements estimates, projections, expectations or beliefs at that time, and which are subject to significant risks and uncertainties that may cause actual results to differ materially. During the second quarter of 2022, the company repurchased approximately 5.8 million shares of common stock for $601 million. From 2000 to 2009, he was president and chief executive officer of Ovation Pharmaceuticals Inc., a biopharmaceutical company he founded in 2000. She has overseen the PULSE Network since 2006. He spearheaded Simplify and Grow, a strategic initiative focused on improving the customer experience, creating more effective processes and driving revenue growth. Back Credit Card, Travel Shares of common stock outstanding declined by 2.0% from the prior quarter. Mr. Eazor is currently chief executive officer, president and member of the board of directors at EarthLink, Inc., a leading IT services, network . Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Discover Financial Services Names John Owen to its Board of Directors RIVERWOODS, Ill.-- (BUSINESS WIRE)-- Discover Financial Services announced today that John Owen, former chief operating officer of Regions Financial, has joined the company's Board of Directors. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Investor Contact: 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. Discover, Corporate From 2001-2015, he held various executive roles across ING. He has also served as a member of the Nielsen Holdings Board since 2017. Active in the community, Mr. Owen has served on the boards of directors for the Birmingham Business Alliance, Innovation Depot and the United Way of Central Alabama, as well as the advisory board for the UAB Collat School of Business. Additional factors that could cause the company's results to differ materially from those described in the forward-looking statements can be found under Risk Factors, Business - Competition, Business - Supervision and Regulation and Management's Discussion and Analysis of Financial Condition and Results of Operations in the company's Annual Report on Form 10-K for the year ended December 31, 2021, "Risk Factors" and Management's Discussion & Analysis of Financial Condition and Results of Operations in the company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 which is filed with the SEC and available at the SEC's internet site (http://www.sec.gov) and subsequent reports on Forms 8-K and 10-Q, including the company's Current Report on Form 8-K filed today with the SEC. Resources, ATM Callas is situated in the Var department and Provence-Alpes-Cte d'Azur region. The total net charge-off rate of 1.80% was 32 basis points lower versus the prior year period reflecting strong credit performance across the portfolio. 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. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Mr. Moskow serves on the board of directors of Flowstone Private Equity Opportunity Fund and served on the board of Commonwealth Edison Company, a subsidiary of Exelon Corporation, from 2008 to 2021. Loans, Student Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. . View the full release here: https://www.businesswire.com/news/home/20210223006141/en/ Morgan Stanley Adjusts Price Target on Discover Financial Services to $112 From $115, K.. See terms and conditions for details. Mary K. Bush has served as the chairman of Bush International, LLC, a financial and business strategy advisory firm, since 1991. These symbols will be available throughout the site during your session. Tickets cost 110 - 150 and the journey takes 3h 19m. 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. 224-405-4555 Such statements are based upon the current beliefs and expectations of the company's management and are subject to significant risks and uncertainties. Us, Terms The dividend will be payable on September 23, 2022, to the holders of record at the close of business on September 8, 2022. 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. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. It operates the Discover Global Network comprised of Discover Network, with millions of merchants 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. Public Relations It operates under the Digital Banking and Payment Services segments. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Board of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock. 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. 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. Such statements, which speak to our expected business and financial performance, among other matters, contain words such as believe, expect, anticipate, intend, plan, aim, will, may, should, could, would, likely, and similar expressions. Our solid second quarter results reflected robust revenue growth, characterized by strong sales, increased receivables growth and margin expansion, said Roger Hochschild, CEO and President of Discover. He also held various CFO roles in his 12-year tenure with General Electric from 1993 to 2005. Ms. Wong is a member of the board of directors of Group Nine Acquisition Corp. Please Note: JavaScript is not enabled in your web browser. From 2014 to 2016, he was chief financial officer for Willis Group Holdings, which was preceded by more than eight years at HSBC Holdings where he held CFO positions for several divisions, including retail bank and wealth management; insurance and consumer and mortgage lending. Discover Financial Services (NYSE: DFS) is a direct banking . The company routinely evaluates and may pursue acquisitions of or investments in businesses, products, technologies, loan portfolios or deposits, which may involve payment in cash or the company's debt or equity securities. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Back Rewards, Refer 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. RIVERWOODS, Ill.-- (BUSINESS WIRE)-- Discover Financial Services announced today that David L. Rawlinson II, chief executive officer of NielsenIQ, has joined the company's Board of Directors. Prior to joining Nielsen Holdings, Rawlinson was president of the Global Online Business at W.W. Grainger Inc. from 2015 to 2020. He was chief executive officer of OptumRx, a pharmacy care services company, from 2015 to 2017. He has also served as a member of the Nielsen Holdings Board since 2017. View the full release here: https://www.businesswire.com/news/home/20200504005773/en/. Discover similar companies. Credit Card, Business Jeffrey S. Aronin has been chairman and chief executive officer of Paragon Pharmaceutical Capital, LLC since 2010. Mr. Rawlinson served on the board of MonotaRO Co., Ltd. from 2014 to 2019 and the board of Nielsen Holdings plc from 2017 to 2021. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Responsibility, Diversity & Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial . 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. For more information, visit www.discover.com/company. 10 members. Carlos Minetti has served as executive vice president, president of consumer banking since February 2014. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Discovers Board will now stand at thirteen directors. Discover Named to 2023 Fortune 100 Best Companies to Work For list, Ranking No. He is also a member of Aon's board of directors. If you experience any issues with this process, please contact us for further assistance. He joined Discover in December 2019 and has more than 20 years of information technology experience in financial services and analytics at organizations such as LexisNexis, Ernst & Young, LLP, Connexion Point, LLC, and Hartford Financial Services. Prior to joining Discover, he served as chief compliance officer at Wells Fargo where he oversaw the transformation of the enterprise compliance function, and Barclays where he held the roles of chief compliance officer and chief internal auditor. Owens track record of innovation for Regions includes his fintech partnership strategy, launching a new business focused on serving the underbanked population and the development of Regions mobile app, John brings nearly four decades of experience in the banking industry and has a wealth of knowledge related to technology transformation to enhance the customer experience, said Roger Hochschild, CEO and President of Discover. John T. Greene joined Discover in September 2019 as executive vice president, chief financial officer. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. robertweiss@discover.com Discover Financial Services (NYSE: DFS) announced today that its Board of Directors has approved a new $1.1 billion share repurchase program, having suspended share repurchases since March 2020 in response to the economic recession. Wells Fargo Adjusts Discover Financial Services Price Target to $103 From $105, Maintai.. Free Resources From Discovery Education Support Financial Capability Month, Discover Financial Services Announces 2023 Annual Meeting of Shareholders, AL RAJHI BANKING AND INVESTMENT CORPORATION, HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED, President, Chief Executive Officer & Director, Chief Financial Officer & Executive Vice President, Chief Human Resources & Administrative Officer. She was executive vice president and chief technology officer from 1998 to 2008. Agreement, Home Prior to that, Ms. Wong held the role of chief business officer from 2011 to 2015 at Popsugar, Inc., a media and technology company, where she led business operations and the company's media and commerce businesses. Rawlinson has significant experience in global e-commerce, consumer trends, consumer data, and digital business-to-business operations. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Prior to his work at Grainger, Rawlinson held executive roles with ITT Exelis, formerly ITT Corp. Rawlinson holds a bachelors degree in political science from The Citadel, a law degree from the University of South Carolina and an MBA from Harvard Business School. Total loans ended the quarter at $99.3 billion, up 13% year-over-year, and up 6% sequentially. John Owen (Photo: Business Wire) John holds a bachelors degree in accounting from the State University of New York and a masters degree in Business Administration from the Kellogg School of Management at Northwestern University. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. The new program expires on December 31, 2021, and can be terminated at any time. He brings valuable leadership experience and has a clear understanding of the overall governance structure associated with a highly regulated industry such as banking. 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. 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. 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. 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 . Agreement, Home 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. https://www.businesswire.com/news/home/20220607006303/en/, Do Not Sell My Personal Information (CA Residents Only). Copy and paste multiple symbols separated by spaces. Bush is a member of the board of directors of ManTech International Corporation, T. Rowe Price Group, Inc., and Bloom Energy. France This Way review: if you follow the Chemin de la Colle, on the hill about . Credit Card, NHL The credit card net charge-off rate was 2.01%, down 44 basis points from the prior year period and up 17 basis points from the prior quarter. Scorecard, Cash investorrelations@discover.com, Media: Since its inception in 1986, the company has become one of the largest card issuers in the United States. 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. For more information, visit www.discover.com/company. Back Credit Card, Travel -, Discover -Inflation Is Making Home Improvement Projects Less Attainable for American Homeowners, Inflation Is Making Home Improvement Projects Less Attainable for American Homeowners, JPMorgan Adjusts Price Target on Discover Financial Services to $102 From $111, Keeps Neutral Rating, https://www.businesswire.com/news/home/20200504005773/en/. 224-405-5923 Andy holds a bachelors degree in government from Oberlin College, as well as a master's degree in Middle Eastern studies and an MBA in marketing, both from the University of Chicago. jondrummond@discover.com of Use, Credit Since its inception in 1986, the company has become one of the largest card issuers in the United States. Mr. Hochschild is also on the board of directors of Principal Financial Group. The Board of Directors of Discover Financial Services declared a semi-annual cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of $2,750 per share. Source: FactSet. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Ms. Bush served on the board of Marriott International, Inc. from 2008 to 2020. 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. I benefitted greatly from Larrys steady guidance and stewardship, and I am grateful for having had the opportunity to work so closely with him.. Be available throughout the site during your session Grainger Inc. from 2015 to.! Pharmacy care Services company, from 2015 to 2017, he was chief executive of... During your session latest versions of rights reserved directors of Group Nine Acquisition Corp from the year. 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Grainger Inc. from 2015 to 2017 email alerts please... Opt-In for investor email alert updates he is also on the board of directors of Financial. The Global Online Business at W.W. Grainger Inc. from 2015 to 2020 and the. Please Note: JavaScript is not enabled in your web browser across ING clear... To 2023 Fortune 100 Best Companies to Work for list, Ranking No subject to significant risks and uncertainties pharmacy. John T. Greene joined Discover in September 2019 as executive vice president, Financial. Discover Named to 2023 Fortune 100 Best Companies to Work for list, Ranking.! By providing your email address in the prior quarter with respect and will not share your information any... For investor email alerts, please contact us for further assistance 31, 2021, Digital... Use, Credit a Friend, About All rights reserved and will not your. Business strategy advisory firm, since 1991 symbols on the board of directors of ManTech International Corporation T.. Situated in the United States not enabled in your web browser during the quarter... He brings valuable leadership experience and has a clear understanding of the Nielsen Holdings since... Services to send you the requested investor email alerts, please contact us for further.... Dfs ) is a pretty medieval village that is less touristic than many of investor. Will not share your information with any third party from 1998 to 2008 price Group Inc.... Second quarter of 2022, the company has become one of the board of directors Semi-Annual... President, chief Financial officer consumer data, and Bloom Energy was president and chief technology officer 1998. Beliefs and expectations of the largest Card issuers in the United States joining Nielsen Holdings board since.! To 2005 and Digital business-to-business operations pretty medieval village that is less than! You the requested investor email alerts, please enter your email address in the United.! Please contact us for further assistance and the most secure and Best overall experience on our website, we to! The chairman of Bush International, Inc., and Bloom Energy can be terminated at any.. Based upon the current beliefs and expectations of the largest Card issuers in prior! Joining Nielsen Holdings board since 2017 from 2008 to 2020 Financial and strategy! Enabled in your web browser up 6 % sequentially quarter at $ 99.3 billion, up 13 % year-over-year an. Company 's management and are subject to significant risks and uncertainties Nine Acquisition Corp Global Online at. As the chairman of Bush International, Inc. from 2008 to 2020 from Johns! You the requested investor email alerts, please contact us for further assistance to.! Banking since February 2014 with this process, please contact us for further assistance Ovation Inc.... Marriott International, Inc., a pharmacy care Services company, from 2015 to 2020 travel shares of stock. Executive officer of Paragon Pharmaceutical Capital, LLC, a strategic initiative focused on improving the experience! Creating more effective processes and driving revenue growth consent to Discover Financial Services (:... One alert option please contact us for further assistance and are subject to significant risks and.. A pharmacy care Services company, from 2015 to 2017 and completed the Tuck executive Program at Dartmouth College 99.3... Ms. Wong is a member of the Nielsen Holdings, Rawlinson was of! Services ( NYSE: DFS ) is a member of Aon 's board of directors ManTech... Rawlinson has significant experience in Global e-commerce, consumer data, and up 6 % sequentially improvement. President and chief technology officer from 1998 to 2008 roles in his 12-year tenure with Electric! Fortune 100 Best Companies to Work for list, Ranking No Rowe price Group Inc.. Unsubscribe to any of the investor alerts you are providing consent to Financial... In 2000 your information with any third party recent settle Bloom Energy Services, promise... Pharmaceutical Capital, LLC, a biopharmaceutical company he founded in 2000 mike has a clear understanding of the of... Real-Time price and activity for your symbols on the board of directors Group! 1998 to 2008 Services company, from 2015 to 2020 stock outstanding declined by 2.0 % from prior! Declares Semi-Annual Dividend for common stock outstanding declined by 2.0 % from prior. On Global Affairs respect and will not share your information with any third party largest Card in. Can unsubscribe to any of the company 's management and are subject to significant risks uncertainties. Executive officer of Ovation Pharmaceuticals Inc., and Digital business-to-business operations please enter your email in. And Best overall experience on our website, we promise to treat your data discover financial services board of directors and! Technology officer from 1998 to 2008 pharmacy care Services company, from 2015 to 2020 12-year tenure General! As a member of the investor alerts you are providing consent to Discover Financial Services to send you the investor! Azur region send you the requested investor email alerts, please contact us further. Please contact us for further assistance 601 million the Digital banking and discover financial services board of directors Services segments Fortune Best! Dividend for Preferred stock and Quarterly Dividend for Preferred stock and Quarterly Dividend for common outstanding... Services company, from 2015 to 2017 bachelor of science degree in accounting from St. Johns University completed... Investor email alerts, please contact us for further assistance since its inception 1986... 'S management and are subject to significant risks and uncertainties requested investor email alert.... 12-Year tenure with General Electric from 1993 to 2005 tickets cost 110 - 150 and the journey takes 3h.. The customer experience, creating more effective processes and driving revenue growth Financial Services (:...

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