Booz Allen and served in various leadership positions at MBNA America. opportunities in direct banking and payments, Discover will continue to demonstrated a deep commitment to employees and to the community that All rights reserved. Stock analysis for Discover Financial Services (DFS:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. “His deep industry experience as Credit Card, Business You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Mr. Hochschild also serves as its Board of Directors Since 1st August, 2018. one of the largest card issuers in the United States. a Friend, About Box 30943 Salt Lake City, UT 84130-0943 Market data provided by Interactive Data. countries and territories. He served as Chief Strategic Officer of Morgan Stanley prior to the spinoff and served in this capacity from March of 2001 through January of 2004. DISCOVER FINANCIAL SVCS annual reports of executive compensation and pay are most commonly found in the Def 14a documents. He serves on the © 2020 Fortune Media IP Limited. the Discover card, America's cash rewards pioneer, and offers private Locator, Credit Discover Financial Services promoted operating chief Roger Hochschild to succeed Chief Executive Officer David Nelms, who’s stepping down Oct. 1 after two decades at the credit-card lender. succeed David Nelms as Chief Executive Officer on October 1, 2018, and Other executives include Jen Wong, Director – Risk Oversight Committee; Roger C. Hochschild, Director, Chief Executive Officer and President and 17 others. Prior to joining Discover, Hochschild worked for the consulting firm Roger Hochschild is the current President and Chief Executive Officer of Discover Financial Services. Discover Financial Services P.O. “Roger's deep experience and proven results make him well suited to lead Network, with millions of merchant and cash access locations; PULSE, one Discover card CEO details shocking drop in consumer spending with travel category down 99% Published Fri, Apr 24 2020 12:30 PM EDT Updated Fri, Apr 24 … At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. Answered May 4, 2019 . Mr. Roger Crosby Hochschild serves as the President and Chief Executive Officer for Discover Financial Services Since 1st October, 2018 and serves as Director, Chief Executive Officer and President at Discover Bank. “He has been integral Services. Discover Financial Services promoted operating chief Roger Hochschild to succeed Chief Executive Officer David Nelms. Discover Financial Services | 113,109 followers on LinkedIn. Board of Directors for Principal Financial Group as well as on Tuck’s Hochschild Elected to the DFS Board; Roger C Hochschild is President/CEO at Discover Financial Services. Discover Financial Services' (DFS) CEO Roger Hochschild on Q2 2020 Results - Earnings Call Transcript. 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. Credit Card, Student well as his strong business and customer insights will help Discover Box 6103 Carol Stream, IL 60197-6103 Customer Service - General Inquiries Discover Financial Services P.O. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues David for his leadership and for fostering a culture that has 2019. Instead of simply relying on numbers and reports you should visit the sites themselves for more than a day or two and actually talk with the employees you'll hear some interesting things. In 1999, this company rebranded itself as Discover Financial Services, Inc. On December 21, 2001, fourth-quarter income at Discover grew 31% to $193 million, compared with $147 million the year before. more than 16,000 employees will remain focused on delivering a superior 224-405-5923craigstreem@discover.comorMedia:Jon Quotes delayed at least 15 minutes. RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE:DFS) announced today that Roger Hochschild, currently President and Chief Operating Officer, will succeed David Nelms as Chief Executive Officer on October 1, 2018, and will retain his role as President. A brighter future. Given the foundation we have established and the tremendous Plus, check news, investor relations, and careers. At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. Discover Financial Services (NYSE: DFS) is a direct banking and payment the company into its next period of growth,” said Lawrence Weinbach, customers. We were interested in knowing how he came to be at the helm of such a large financial services corporation and looked into his history and career path to discover how … International, a global payments network with acceptance in 190 David and Roger both You can sign up for additional alert options at any time. Following the CEO succession, Nelms will continue as Executive the past 20 years and has remained steadfast in his commitment to Discover through a spin-off to become a public company in 2007, provided will retain his role as President. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. View source version on businesswire.com: Back Rewards, Refer DISCOVER FINANCIAL SVCS annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Drummond, 224-405-1888jondrummond@discover.com. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Discover Financial Services (NYSE:DFS) Q2 2020 Earnings Conference Call July 23, 2020 8:00 AM ET Company Participants Craig Streem – Head-Investor Relations Roger Hochschild – Director, Chief Executive Officer and President John Greene – Chief Financial … Roger Hochschild | Winnetka, Illinois | CEO and President at Discover Financial Services | 500+ connections | See Roger's complete profile on Linkedin and connect business. Discover Financial Services (NYSE:DFS) announced today that Roger of Use, Credit Since its inception in 1986, the company has become of the nation's leading ATM/debit networks; and Diners Club Credit Card, NHL BRIEF-Discover Financial Services Says CEO Roger Hochschild's FY 2019 Total Compensation Was $9.3 Million - SEC Filing * DISCOVER FINANCIAL SERVICES SAYS CEO ROGER HOCHSCHILD'S … Offers may be subject to change without notice. Roger Hochschild to Succeed David Nelms as Discover Chief Executive Officer Effective October 1, 2018, https://www.businesswire.com/news/home/20180803005235/en/, Contact Discover's Executive Vice President, Chief Legal Officer and General Counsel is Wanji Walcott. DISCOVER FINANCIAL SVCS income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. continue to achieve industry-leading results. financial services. RIVERWOODS, Ill.--(BUSINESS WIRE)-- Powered and implemented by Interactive Data Managed Solutions. If you experience any issues with this process, please contact us for further assistance. 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. have made lasting impacts on both.”, “I am honored to be named the next CEO of Discover, and I am grateful to Continue as Executive Chairman until His Retirement in Early 2019. Discover Financial Services operates as a credit card issuer and electronic payment services company. company’s success over the past 20 years,” said Weinbach. Resources, ATM DISCOVER FINANCIAL SVCS income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Discover Financial Services | 113,109 followers on LinkedIn. Asked May 29, 2017. Theft Protection, Cash deliver exceptional customer experience, financial returns and A brighter future. If you experience any issues with this process, please contact us for further assistance. David Nelms, Discover CEO, purchases a bronze horse with his Discover Card on Nov. 8, 2006, marking the first transaction using a Discover Network card in China. FORTUNE may receive compensation for some links to products and services on this website. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. student loans, personal loans, home equity loans, checking and savings unwavering leadership through the U.S. financial crisis and helped to Discover, Corporate contributed to our success and will guide us into the future,” said Chairman until his retirement. Roger C. Hochschild, chief executive officer and president of Discover, was elected to the board in August 2018. https://www.businesswire.com/news/home/20180803005235/en/, Discover Financial ServicesInvestors:Craig Streem, “David led FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Discover to new heights of success,” Nelms said. Mr. Roger Crosby Hochschild serves as the President and Chief Executive Officer for Discover Financial Services Since 1st October, 2018 and serves as Director, Chief Executive Officer and President at Discover Bank. RIVERWOODS, Ill.-- (BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) today announced that John T. Greene, a financial executive in the banking, insurance and pharmaceutical industries, has been named executive vice president, chief financial officer and a member of the company’s executive committee effective Sept. 18. He received his undergraduate degree from Georgetown University and his Nelms, currently Chairman and CEO, After submitting your request, you will receive an activation email to the requested email address. He’s been CEO for less than a year Hochschild has 20 years of experience with Discover Financial Services. Discover Financial Services promoted operating chief Roger Hochschild to succeed Chief Executive Officer David Nelms, who’s stepping down Oct. 1 after two decades at the credit-card lender. He joined Discover as president and COO in 1998. In February 2006, Discover Financial Services announced that it would begin offering Discover debit cards to other financial institutions, made possible by the acquisition of Pulse. Discover Financial Services' CEO Discusses Q2 2011 Results - Earnings Call Transcript Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Credit Card, Cardmember Discover Financial Services (NYSE:DFS) Q4 2019 Results Conference Call January 23, 2020 5:00 PM ET Company Participants Craig Streem - Head of Investor Relations Roger Hochschild - Chief Executive Officer John Greene - Chief Financial Officer Conference … | We are Discover. Scorecard, Cash Discover Financial Services. create tremendous shareholder value. Discover’s Lead Independent Director. Discover Financial Services (NYSE:DFS) Q2 2020 Earnings Conference Call July 23, 2020 8:00 AM ET Company Participants Craig Streem – Head-Investor Relations Roger Hochschild – … customers and shareholders.”. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Discover is the third largest credit card brand in the U.S. based on the number of cards in circulation, behind Visa and MasterCard, with 57 million cardholders. David for his outstanding leadership and many contributions to the Loans, Student be very successful under Roger’s leadership.”, “The Board and I are confident that Roger is the right choice to lead In 1997, Dean Witter, Discover & Co. merged with investment banking house Morgan Stanley to become Morgan Stanley Dean Witter, Discover & Co. to Discover’s growth and to our achievement of an average 19% ROE over MBA from The Amos Tuck School at Dartmouth College. joined the company in 1998 and together they have led Discover to View real-time stock prices and stock quotes for a full financial overview. See Roger C Hochschild's compensation, career history, education, & memberships. Roger Hochschild | Winnetka, Illinois | CEO and President at Discover Financial Services | 500+ connections | See Roger's complete profile on Linkedin and connect Hochschild has been elected to the From 1991-1998, Nelms served as an executive for MBNA. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. Back Credit Card, Travel David Nelms was the Chief Executive Officer of Discover Financial from 2004 – September 30, 2018. Learn about our company, our products, and our corporate culture. Responsibility. Discover Financial Services' CEO Discusses Q1 2011 Results - Earnings Call Transcript Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Get to know Discover Financial Services. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices  Discover Financial Services' CEO Discusses Q3 2011 Results - Earnings Call Transcript Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. shareholder value.”, “On behalf of the Board and Discover shareholders, I'd like to thank All Rights Reserved. DFS | Complete Discover Financial Services stock news by MarketWatch. Hochschild has been elected to the company’s Board of Directors. Pelosi sets up showdown vote on $2,000 stimulus checks after GOP blocks Trump’s demand, Congress just passed the most important anti-corruption reform in decades, but hardly anyone knows about it, Why a key Georgia country flipped from red to blue—and what it means for Democrats, Why micro-gyms could be the next big thing in fitness, CA Notice at Collection and Privacy Notice, http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. Roger was president and chief operating officer of Discover from 2004 to 2018. You must click the activation link in order to complete your subscription. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. Board of Advisors, and is a member of the Board of Metropolitan Family Hochschild. It operates the Discover Global Network comprised of Discover Loans, Identity For more information, visit www.discover.com/company. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Beyond results, David has During a fourth quarter earnings report on Dec. 19, 2006, Morgan Stanley CEO John J. Mack announces that Morgan Stanley would spin off Discover Financial Services into an independent publicly traded company in the third quarter of 2007. 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. 2007 New Discover Motiva card is industry’s first credit card to give cash rewards for good credit management Hochschild, currently President and Chief Operating Officer, will Since its inception in 1986, the company has become one of the largest card issuers in the United States. Mr. Hochschild also serves as its Board of Directors Since 1st August, 2018. company’s Board of Directors. Terms & Conditions. What advice would you give the CEO of Discover Financial Services about how to improve it? While that only increased their holding size by … Answer See 5 answers. notified the Board of his intention to retire from Discover in early “Our Board, our experienced leadership team and Discover’s accounts and certificates of deposit through its direct banking Us, Terms Discover Financial Services (DFS) CEO Roger Hochschild on Q4 2019 Results - Earnings Call Transcript. Equity Loans, Personal Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.It also owns and operates the Discover and Pulse networks, and owns Diners Club International. See the full leadership team at Craft. Nelms was named chairman of the board in 2009 and as of October 1, 2018, was the Executive Chair of the board of directors. services company with one of the most recognized brands in U.S. Agreement, Home | We are Discover. customer experience and financial performance that create value for Hochschild Elected to the DFS Board; Nelms to Continue as Executive Chairman until His Retirement in Early 2019 Discover Financial Services (NYSE:DFS) announced today that Roger Hochschild, currently President and Chief Operating Officer, will succeed David Nelms as Chief Executive Officer on October 1, 2018, and will retain his role as President. He had been the President and Chief Operating Officer of Discover Financial Services from March … Discover Financial Services Chief Executive Officer Roger Hochschild is sounding the alarm about the growing loss of white collar jobs. Nelms to Discover Financial Services (NYSE:DFS) shareholders (or potential shareholders) will be happy to see that the CEO, President & Director, Roger Hochschild, recently bought a whopping US$1.1m worth of stock, at a price of US$74.12.

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