Discover Financial Services (DFS)

59.43 -0.47 (-0.78%) At close: 4:01PM EDT

Discover Financial Services

2500 Lake Cook Road
Riverwoods, IL 60015
United States
224-405-0900
http://www.discover.com

Sector: Financial
Industry: Credit Services
Full Time Employees: 15,549

Key Executives

Name	Title	Pay	Exercised	Age
Mr. David W. Nelms	Chairman and Chief Exec. Officer	N/A	N/A	56
Mr. Roger C. Hochschild	Pres and Chief Operating Officer	N/A	N/A	52
Mr. R. Mark Graf	Chief Financial Officer and Exec. VP	1.45M	N/A	53
Mr. Carlos M. Minetti	Exec. VP and Pres of Consumer Banking	1.45M	N/A	55
Ms. Diane E. Offereins	Exec. VP and Pres of Payment Services	1.53M	N/A	60

Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Corporate Governance

Discover Financial Services’s ISS Governance QualityScore as of August 1, 2017 is 6. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.