STRATEGIC PARTNERS
August 16, 2023
Discover Financial Services has announced that Roger Hochschild will step down as CEO, president and member of the board. John Owen, board member, will serve as interim CEO and president, according to a press release.
"The board and Roger have agreed that now is the right time to transition leadership, and we thank Roger for his 25 years of service to the company," Tom Maheras, board chair, said in the release. "The board is continuously focused on Discover reaching its full potential across the business, including our commitment to enhancing compliance, risk management and corporate governance. We will continue to take actions to advance Discover's strategic priorities and generate high returns and capital."
