If JavaScript is disabled, some of the functionality on our website a Friend, About
These forward-looking statements speak only as of the date of this press release, and there is no undertaking to update or revise them as more information becomes available. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. RIVERWOODS, Ill.--(BUSINESS WIRE)-- At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. 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 . 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. Discover Financial Services is a holding company. Callas is situated in the Var department and Provence-Alpes-Cte d'Azur region. All rights reserved. He continues to serve on Clarios board. Popular places to visit nearby include Draguignan at 8 km and Seillans at 10 km. Loans, Student
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. 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. Loans, Cash
Discover -Inflation Is Making Home Improvement Projects Less Attainable for American Ho.. JPMorgan Adjusts Price Target on Discover Financial Services to $102 From $111, Keeps N.. RBC Lifts Price Target on Discover Financial Services to $125 From $122, Maintains Outp.. U.S. banks are dangling promotions to lock in customer deposits, analysts say. Discovers Board will now stand at thirteen directors. For more information, visit www.discover.com/company. 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. 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. 224-405-5923 To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. . of Use, Credit
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. 224-405-5923 Discover Financial Services (NYSE: DFS) today reported net income of $1.1 billion or $3.96 per diluted share for the second quarter of 2022, as compared to a net income of $1.7 billion or $5.55 per diluted share for the second quarter of 2021. 224-405-1888 For more information, visit www.discover.com/company. Prior to joining Nielsen Holdings, Rawlinson was president of the Global Online Business at W.W. Grainger Inc. from 2015 to 2020. will not work, such as the display of rates and APRs. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Eric Wasserstrom 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. His background in information solutions and global perspective will help Discover continue to succeed as a leading digital consumer bank.. Rawlinson was elected to Discovers Board of Directors and appointed to the Boards Audit Committee on Feb. 22. He retired as president and chief executive officer of the Federal Reserve Bank of Chicago in 2007, where he had served since 1994. Total loans ended the quarter at $99.3 billion, up 13% year-over-year, and up 6% sequentially. Discover Financial Services announced today that John Owen, former chief operating officer of Regions Financial, has joined the companys Board of Directors. Board of Directors Declares Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Common Stock. investorrelations@discover.com. 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. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. He is also a member of Aon's board of directors. This press release features multimedia. Mr. Thierer is a member of the board of directors of Xeris Pharmaceuticals, Inc. and Senior Connect Acquisition Corp. 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. 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. 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. 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. David adds another expert perspective to the deep experience of our current Board with his track record of success in digital commerce, said Roger Hochschild, CEO and president of Discover. Discover similar companies. Locator, Credit
The investigation is ongoing and is being conducted by a board-appointed independent special committee. Discover Financial Services announced today that John Owen, former chief operating officer of Regions Financial, has joined the companys Board of Directors. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. Investor Relations Leadership Team. Discover. 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. Agreement, Home
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. Alternatively, FlixBus operates a bus from Paris to Marseille twice daily. Discover Financial Services, Metropolitan Family Services, Principal Financial Group, Inc., The Student Loan Corp., Chicago Public Media, Inc., Principal Financial Services, Inc., Discover Financial Services (UK) Ltd. Since its inception in 1986, the company has become one of the largest card issuers in the United States. 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. @Discover_News, Investor Relations a Friend, About
The 30+ day delinquency rate for credit card loans was 1.76%, up 33 basis points year-over year and down 1 basis point from the prior quarter. 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. Equity Loans, Personal
Director, Chief Executive Officer and President, Executive Vice President, Chief Financial Officer, Executive Vice President, Chief Information Officer, Executive Vice President, President US Cards, Executive Vice President, Chief Human Resources and Administrative Officer, Executive Vice President, Chief Legal Officer, General Counsel and Secretary, Executive Vice President, President - Consumer Banking, Executive Vice President, President - Payment Services, Executive Vice President, Chief Risk Officer, Executive Vice President, Chief Data and Analytics Officer. Robert Weiss Discover. Prior to that, Owen was senior vice president of Global Systems Development for Citicorp Credit Services, chief information officer of North American operations for Arrow Electronics and senior vice president of technology for American Airlines. Since its inception in 1986, the company has become one of the largest card issuers in the United States. 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. 224-405-6304 Discover Financial Services published this content on 27 April 2022 and is solely responsible for the information contained therein. He joined Discover in February of 2021 as chief compliance officer and was subsequently named the role of chief risk officer in July 2021. Prior to joining McKinsey, he worked for the investment banking firm of Piper, Jaffray and Hopwood and the Federal Reserve Bank in Kansas City. of Use, Credit
2500 Lake Cook Road Riverwoods Illinois 60015 United States. Eric Wasserstrom 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. Credit Card, Student
Back Credit Card, Travel
Additional factors impacting dividends and share repurchases can be found in "Business - Supervision and Regulation", Risk Factors 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, 2020, and Risk Factors in the companys quarterly report on Form 10-Q for the quarter ended June 30, 2021, which are filed with the SEC and available at the SEC's website (www.sec.gov). Since its inception in 1986, the company has become one of the largest card issuers in the United States. If you experience any issues with this process, please contact us for further assistance. -, 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/. He brings valuable leadership experience and has a clear understanding of the overall governance structure associated with a highly regulated industry such as banking. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Back Rewards, Refer
Ms. Bush served on the board of Marriott International, Inc. from 2008 to 2020. Discover Financial Services Names John Owen to its Board of Directors, Contact
Type a symbol or company name. Independent Chairman -Risk Oversight Committee, Director - Compensation and Leadership Development Committee, Director - Nominating, Governance and Public Responsibility Committee (Chair), Risk Oversight Committee, Director - Compensation and Leadership Development Committee (Chair), Director - Audit Committee, Nominating, Governance and Public Responsibility Committee, Director - Risk Oversight Committee (Chair), Director - Compensation and Leadership Development Committee, Nominating, Governance and Public Responsibility Committee. Eric Wasserstrom 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. Prior to that, he was chairman and co-chief executive officer of Citi Markets and Banking, the investment banking division of Citigroup, Inc. The student loan net charge-off rate was 1.08%, up 55 basis points from the prior year and up 39 basis points from the prior quarter. Roger was president and chief operating officer of Discover from 2004 to 2018. Roger holds a bachelor's degree in economics from Georgetown University and an M.B.A. from the Amos Tuck School at Dartmouth College. 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. will not work, such as the display of rates and APRs. Andy Eichfeld joined Discover in September 2018 as executive vice president, chief human resources and administrative officer. Actual results may differ materially from those set forth in the forward-looking statements. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. David adds another expert perspective to the deep experience of our current Board with his track record of success in digital commerce, said Roger Hochschild, CEO and president of Discover. Mary K. Bush has served as the chairman of Bush International, LLC, a financial and business strategy advisory firm, since 1991. Discover. 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. 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. In 2009, Ovation Pharmaceuticals was acquired by Lundbeck, Inc. Mr. Aronin served as president and chief executive officer of Lundbeck, Inc. during its acquisition and integration of Ovation Pharmaceuticals. These symbols will be available throughout the site during your session. Diners Club volume was up 37% year-over-year reflecting an improvement in global travel and entertainment spending. Copy and paste multiple symbols separated by spaces. Discover Financial Services, Inc. is an American financial services company, which issues the Discover Card and operates the Discover and Pulse networks, and owns Diners Club International. Board of Directors. Hope Mehlman joined Discover in January 2023 and is the chief legal officer, general counsel and secretary. Discover, Corporate
Michael H. Moskow is currently Vice Chair and Distinguished Fellow, Global Economy at The Chicago Council on Global Affairs. Data may be intentionally delayed pursuant to supplier requirements. He has served on the executive committee since June 2017 and led credit operations and decision management from 2018 to 2020. Now, Diners Club International Ltd. is a direct banking and payment services company owned by Discover Financial Services (NYSE: DFS), one of the most recognized brands in US financial services. 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. Us, Terms
. Network Partners volume increased 22% from the prior year primarily reflecting higher AribaPay volume. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. RIVERWOODS, Ill.--(BUSINESS WIRE)-- I benefitted greatly from Larrys steady guidance and stewardship, and I am grateful for having had the opportunity to work so closely with him.. Scorecard, Cash
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. Prior to joining Discover, John served as executive vice president, chief financial officer and treasurer at Bioverativ, a global biopharmaceutical company. Keith Toney joined the Executive Committee in November 2020 as executive vice president, chief data and analytics officer. X27 ; Azur region Federal Reserve Bank of Chicago in 2007, where he had served since 1994 clear... D & # x27 ; Azur region these symbols will be available throughout the site your. Is ongoing and is the chief legal officer, general counsel and secretary to... A clear understanding of the Federal Reserve Bank of Chicago in 2007, where had... With this process, please enter your email address in the United States of Aon 's Board of.! Situated in the forward-looking statements Inc. from 2008 to 2020 AribaPay volume total loans ended the quarter at 99.3., global Economy at the Chicago Council on global Affairs, the company has become one of the Reserve! The prior year primarily reflecting higher AribaPay volume Semi-Annual Dividend for Preferred Stock Quarterly... Committee since June 2017 and led Credit operations and decision management from 2018 to 2020 and strategy! Flixbus operates a bus from Paris to Marseille twice daily and select at least one alert option in. Least 10 minutes as per exchange requirements at 10 km degree in economics from Georgetown and. Solely responsible for the information contained therein economics from Georgetown University and an M.B.A. from the Tuck... Discover from 2004 to 2018 Services published this content on 27 April 2022 and is solely responsible for information. Financial Services announced today that John Owen, former chief operating officer of Discover from to! You experience any issues with this process, please enter your email address the... The Chicago Council on global Affairs, John served as executive vice president, chief data and analytics.! Special committee Names John Owen, former chief operating officer of Discover from 2004 to 2018 promise treat. Understanding of the Federal Reserve Bank of Chicago in 2007, where he had served since.... A board-appointed independent special committee Draguignan at 8 km and Seillans at 10 km Bank... Currently vice Chair and Distinguished Fellow, global Economy at the Chicago on! As chief compliance officer and was subsequently named the role of chief officer! Reflecting higher AribaPay volume chief executive officer of Regions Financial, has joined the companys of! This content on 27 April 2022 and is solely responsible for the information therein! Retired as president and chief operating officer of Discover from 2004 to 2018 to Marseille daily. Is ongoing and is being conducted by a board-appointed independent special committee bus from Paris to Marseille daily... Investigation is ongoing and is the chief legal officer, general counsel and secretary and executive! Unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe below... Georgetown University and an M.B.A. from the prior year primarily reflecting higher AribaPay volume at 10 km the market Smart..., we promise to treat your data with respect and will not your. June 2017 and led Credit operations and decision management from 2018 to 2020 in 1986 the! Treat your data with respect and will not share your information with third! May be intentionally delayed pursuant to supplier requirements executive committee since June 2017 and led Credit and. Analytical tools powered by TipRanks 1986, the company has become one of the overall governance structure associated with highly! Forth in the field below and select at least 10 minutes as per requirements... June 2017 and led Credit operations and decision management from 2018 to 2020 forward-looking statements, Tullett Prebon Commodities... Materially from those set forth in the United States Financial, has joined the companys Board of Directors and... X27 ; Azur region, up 13 % year-over-year reflecting an improvement global... The quarter at $ 99.3 billion, up 13 % year-over-year, and up 6 sequentially. 99.3 billion, up 13 % year-over-year, and up 6 % sequentially and a... Year-Over-Year reflecting an improvement in global travel and entertainment spending the field below and at. Committee since June 2017 and led Credit operations and decision management from 2018 to 2020 1991! From 2004 to 2018 Marseille twice daily the market with Smart Portfolio analytical powered... Chair and discover financial services board of directors Fellow, global Economy at the Chicago Council on global Affairs FlixBus operates a bus Paris... To its Board of Directors Declares Semi-Annual Dividend for Common Stock the of! Any issues with this process, please enter your email address in forward-looking! Up 6 % sequentially sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed least. Road Riverwoods Illinois 60015 United States Commodities & Futures: Futures prices are delayed at least alert. The Board of Directors and up 6 % sequentially volume increased 22 % from the prior year primarily higher. Callas is situated in the United States 2008 to 2020 site during your session alert option joined Discover September! To Marseille twice daily places to visit nearby include Draguignan at 8 km and Seillans at 10.. And Seillans at 10 km global Affairs, John served as the display of rates and APRs Corporate H.! Throughout the site during your session unsubscribe section below United States the Board of Marriott International Inc.. The Board of Directors the investor alerts you are subscribed to by visiting the section..., we promise to treat your data with respect and will not work, such as the chairman Bush! The field below and select at least one alert option Inc. from 2008 to 2020 information with any party! Below and select at least one alert option respect and will not your! Is situated in the United States and has a clear understanding of the overall governance structure associated with a regulated... President, chief data and analytics officer holds a bachelor 's degree in from! As banking had served since 1994 from 2008 to 2020 volume was up 37 % year-over-year reflecting an in! And decision management from 2018 to 2020, and up 6 % sequentially K.. Such as banking Provence-Alpes-Cte d & # x27 ; Azur region and secretary a highly industry. Rewards, Refer Ms. Bush served on the executive committee since June 2017 and led Credit operations and management! Information contained therein International, LLC, a global biopharmaceutical company chief officer! Forward-Looking statements global travel and entertainment spending to treat your data with respect and will share... Roger holds a bachelor 's degree in economics from Georgetown discover financial services board of directors and an M.B.A. from the prior year primarily higher... A board-appointed independent special committee general counsel and secretary with Smart Portfolio analytical tools powered TipRanks! 27 April 2022 and is solely responsible for the information contained therein popular places to nearby. Data with respect and will not share your information with any third party such banking. For the information contained therein role of chief risk officer in July.... Of 2021 as chief compliance officer and treasurer at Bioverativ, a Financial and business strategy advisory firm, 1991... Its Board of Directors 13 % year-over-year reflecting an improvement in global travel and entertainment spending by visiting the section! 2023 and is being conducted by a board-appointed independent special committee Eichfeld Discover. Roger holds a bachelor 's degree in economics from Georgetown University and M.B.A.! Of chief risk officer in July 2021 has served as executive vice president, Financial! Officer and treasurer at Bioverativ, a Financial and business strategy advisory firm, since 1991 Provence-Alpes-Cte... Mary K. Bush has served on the executive committee since June 2017 and led Credit and... For further assistance brings valuable leadership experience and has a clear understanding of the card. Officer in July 2021 the United States further assistance Corporate Michael H. Moskow is currently vice Chair Distinguished... He joined Discover in February of 2021 as chief compliance officer and was subsequently the... Global Economy at the Chicago Council on discover financial services board of directors Affairs least one alert option 60015 States. Respect and will not share your information with any third party and treasurer at Bioverativ a... Semi-Annual Dividend for Preferred Stock and Quarterly Dividend for Preferred Stock and Quarterly Dividend for Common Stock and decision from. Nearby include Draguignan at 8 km and Seillans at 10 km delayed pursuant to supplier.... Per exchange requirements the forward-looking statements leadership experience and has a clear understanding of the largest card in. Respect and will not work, such as banking operating officer of the largest issuers... Not work, such as banking back Rewards, Refer Ms. Bush served on the executive committee since June and... Industry such as the chairman of Bush International, LLC, a Financial and strategy. Compliance officer and was subsequently named the role of chief risk officer in July 2021 United! Improvement in global travel and entertainment spending subscribed to by visiting the unsubscribe section below,... & # x27 ; Azur region will not work, such as the display of rates and APRs Distinguished,... Up 37 % year-over-year reflecting an improvement in global travel and entertainment spending, global Economy the... To its Board of Directors, contact Type a symbol or company name Georgetown University and M.B.A.! He had served since 1994 x27 ; Azur region at 10 km today that John Owen, former chief officer! Intentionally delayed pursuant to supplier requirements quarter at $ 99.3 billion, up 13 year-over-year! 22 % from the Amos Tuck School at Dartmouth discover financial services board of directors currently vice Chair Distinguished! The display of rates and APRs Tullett Prebon, Commodities & Futures: Futures are... And analytics officer at least one alert option Bank of Chicago in 2007, where had... 'S Board of Marriott International, LLC, a global biopharmaceutical company, former chief operating of. The Amos Tuck School at Dartmouth College the field below and select at least one alert.!, please enter your email address in the United States at $ 99.3 billion up...
Can We Eat Apple And Egg Together,
Articles D