Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. Since its inception in 1986, the company has become one of the largest card issuers in the United States. John T. Greene joined Discover in September 2019 as executive vice president, chief financial officer. RIVERWOODS, IL - January 15, 2016 - Discover Financial Services (NYSE: DFS) announced that Joseph F. Eazor has joined the company's Board of Directors. Credit Card, Cardmember 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. France This Way review: if you follow the Chemin de la Colle, on the hill about . 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. Jeffrey S. Aronin has been chairman and chief executive officer of Paragon Pharmaceutical Capital, LLC since 2010. Resources, ATM Morningstar. Prior to joining Regions Financial, Owen was chief executive officer of Assurant Specialty Property, a Fortune 500 company based in Atlanta. Credit Card, NHL Prior to joining Discover, Hope was executive vice president, general counsel, and corporate secretary of Bank of the West and corporate secretary of BNP Paribas USA, Inc. Hope holds a Bachelor of Arts degree from Cornell University, a Juris Doctor from Seton Hall University Law School and a Master of Laws in Taxation from New York University School of Law. 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 direct banking business. Take a look at the graphic below. Robert Weiss, 224-405-6304 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 Board of Directors declared a quarterly . Actual results may differ materially from those set forth in the forward-looking statements. In order to enjoy the full experience of the Discover website, please turn JavaScript on. 224-405-5923 Us, Terms Delayed Nyse will not work, such as the display of rates and APRs. Discover Financial Services announced today that John Owen, former chief operating officer of Regions Financial, has joined the companys Board of Directors. 2023, Nasdaq, Inc. All Rights Reserved. Discover Financial Services announced today that David L. Rawlinson II, chief executive officer of NielsenIQ, has joined the companys Board of Directors. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. @Discover_News, Investor Relations Discover Financial Services Names David L. Rawlinson II to Its Board of Directors, https://www.businesswire.com/news/home/20210223006141/en/, Contact 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. Resources, ATM 12 members +7. Loans, Student 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. 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. of Use, Credit 10 members +7. Discover Financial Services (NYSE: DFS): Second Quarter 2022 Results 2022 2021 YOY Change Total loans, end of period (in billions) $99.3 $87.7 13% T . You can sign up for additional alert options at any time. 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. She holds a Bachelor of Business Administration degree in accounting from Loyola University. 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. Amir Arooni joined Discover in March 2020 as executive vice president, chief information officer. View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006303/en/, Media Contact 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). Type a symbol or company name. Gregory C. Case Director - Compensation and Leadership Development Committee (Chair) 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. Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial . 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. Discover. Back Rewards, Refer He joined Discover in February of 2021 as chief compliance officer and was subsequently named the role of chief risk officer in July 2021. 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. For more information, visit www.discover.com/company. Equity Loans, Personal For more information, visit www.discover.com/company. Agreement, Home Scorecard, Cash View source version on businesswire.com: https://www.businesswire.com/news/home/20200504005773/en/. Prior to that, he served as a White House Fellow and held appointed positions in both the George W. Bush and Obama Administrations. jondrummond@discover.com David L. Rawlinson is the president, chief executive officer and a member of the board of directors for Qurate Retail, Inc. which is comprised of seven leading retail brands and primarily operates e-commerce and digital shopping hubs. Credit Card, Cardmember Create your Watchlist to save your favorite quotes on Nasdaq.com. Discover Financial Services announced today that John Owen, former chief operating officer of Regions Financial, has joined the companys Board of Directors. 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. Callas is situated in the Var department and Provence-Alpes-Cte d'Azur region. 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. He also held various CFO roles in his 12-year tenure with General Electric from 1993 to 2005. Earlier in her career, Ms. Wong held several executive management roles at AOL and worked with a range of digital media and technology clients at McKinsey & Company. Ms. Bush served on the board of Marriott International, Inc. from 2008 to 2020. Total operating expenses were up $94 million year-over year, or 9%, driven by higher expenses for marketing and employee compensation partially offset by lower information processing. Chantal currently serves as Director and Senior Counsel - Litigation at Discover Financial Services. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. Loans, Cash As a member of Discover Global Network, we have the capabilities to suit your needs. Back Rewards, Refer Since its inception in 1986, the company has become one of the largest card issuers in the United States. He began his career in information systems with McDonnell-Douglas. Resources, ATM 224-405-1888 jondrummond@discover.com Financial, statistical, and business related information, as well as information regarding business and segment trends, is included in the financial supplement filed as Exhibit 99.2 to the company's Current Report on Form 8-K filed today with the Securities and Exchange Commission (SEC). 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. ericwasserstrom@discover.com. 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. 224-405-1888 Nelms joined Discover in 1998 as President and Chief Operating Officer. In 2021, Owen retired from Regions Financial after a successful 14-year tenure with the company where he oversaw the banks technology transformation, cybersecurity, data and analytics and artificial intelligence (AI) efforts. 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. He is also chairman and chief executive officer of Paragon Biosciences, LLC, an affiliated global life science innovation and investment firm. View the full release here: https://www.businesswire.com/news/home/20220607006303/en/, In 2021, Owen retired from Regions Financial after a successful 14-year tenure with the company where he oversaw the banks technology transformation, cybersecurity, data and analytics and artificial intelligence (AI) efforts. 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. Independent board of directors and a qualified audit committee. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Fundamental company data and analyst estimates provided by FactSet. The new program expires on December 31, 2021, and can be terminated at any time. Credit Card, NHL investorrelations@discover.com. 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. Marketing increased primarily due to investments in Card acquisition and Consumer Banking. 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. Robert Weiss 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 Declares Quarterly Dividend for Common Stock, Contact He previously served as vice president of operations for Graingers online business in 2015 and as deputy general counsel and corporate secretary from 2012 to 2014. 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