Stay updated with breaking news from Tom Maheras. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The consumer lender's stock price has fallen more than 30% since its disclosure of a looming regulatory action, which was followed by the sudden departure of its CEO. To help meet its compliance challenges, the company's board added a former FDIC regional director.
RIVERWOODS, Ill.--(BUSINESS WIRE)--Sep 5, 2023--
Discover Financial Services today announced that Kathy “Moe” Lonowski has been appointed to the Boards of Directors of Discover Financial Services and its subsidiary, Discover Bank, effective...
DISCOVER FINANCIAL SERVICES AND DISCOVER BANK APPOINT KATHY MOE LONOWSKI TO THEIR BOARDS OF DIRECTORS RIVERWOODS, IL, Sept. 5, 2023-...
CHICAGO — Shares of Riverwoods-based Discover Financial Services fell nearly 10% Tuesday after the company announced the sudden resignation of CEO Roger Hochschild amid compliance issues. Hochschild, 58, a longtime Discover executive, stepped down “effective immediately” Monday as CEO, president and board member at the credit card and digital banking company, according to a news release. John ...