David Nelms

Executive / Other Executive
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About

David Nelms currently serves as the Lead Independent Director of our Board of Directors since January 5, 2023. He previously served as our board’s Non-Executive Chair from 2020 to 2023 and as Lead Director from 2019 to 2020. Nelms is the retired Chairman and Chief Executive Officer of Discover Financial Services, a direct banking and payment services company. He served as Executive Chairman from September 2018 to December of 2018.

Nelms joined Discover in 1998 as President and Chief Operating Officer. He was elected Chairman of the Board at Discover in January 2009, having served as Chief Executive Officer since 2004. Prior to joining Discover, Nelms worked at MBNA America Bank from 1991 to 1998, most recently as Vice Chairman. From 1990 to 1991, he was a senior product manager for Progressive Insurance. Nelms served as a management consultant with Bain & Company from 1986 to 1990.

Nelms also serves on the executive board of directors of the University of Florida Foundation. Nelms is a graduate of University of Florida where he earned a bachelor’s degree in mechanical engineering and a graduate of Harvard Business School where he earned a Master of Business Administration.

 

Personal Details

Title: Mr
Surname: Nelms
DoB: 01/01/1961
Age: 65 years
M/F: Male
Nationality: American
Country of Birth: United States of America
Language: English
Qualification: Bachelor’s degree in mechanical engineering and MBA
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

 

Working history

Name

Chief Executive Officer

Discover Financial Services
Appointed Date: 01/01/2018
Date Resigned:
Industry: Financial Services

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Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
CDW CorporationNominations & GovernanceChairperson01/01/2020

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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