• Discover Financial Services
  •  Overview
  • Last Modified:
  • March 23, 2025
  • Company type:
  • Public
  • Industry:
  • Financial Services
  • Verified:
  • No
  • No of Employees:
  • 10 001 - 50 000
  • Stock Code:
  • DFS
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • Riverwoods,Illinios,
  • Public Interest Score:
  • 750+

 

  • Discover Financial Services
  • General Information

Description

Discover Financial Services is a prominent digital banking and payment services company based in the United States.

It offers a range of financial products, including credit cards, personal loans, home loans, checking and savings accounts, and certificates of deposit.

The company is known for its Discover Card, which pioneered cash rewards programs in the U.S. financial sector.

Discover also operates the Discover Global Network, which includes millions of merchant and cash access locations worldwide, as well as PULSE, a leading ATM/debit network, and Diners Club International, a global payments network.

Discover Financial Services operates through two main segments:

  1. Digital Banking: This segment includes Discover-branded credit cards, personal loans, home loans, and deposit products like savings accounts, certificates of deposit, money market accounts, and checking accounts. It focuses on providing direct-to-consumer banking services.
  2. Payment Services: This segment encompasses the PULSE network (an ATM and debit network), Diners Club International (a global payments network), and Network Partners, which offer payment transaction processing, settlement, and merchant acquisition services.

 

The company is headquartered in Riverwoods, Illinois, and is known for its innovative approach to digital banking and payment solutions.

Discover Financial Services also operates globally through its payment networks, including Diners Club International and the Discover Global Network.

These networks provide services in over 190 countries and territories.

Thomas Maheras:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Candace Duncan:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: Yes, qsix: No
Joseph Eazor:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kathy Lonowski:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Daniela O’Leary-Gill:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
John Owen:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
David Rawlinson:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Michael Shepherd:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Beverley Sibblies:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jennifer Wong:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 15054
  • Founded Year: 
  • 1985
  • Registration Number: 
  • 36-2517428
  • Country: 
  • United States of America
  • Stock Exchanges: 
    • New York Stock Exchange
  • Financial year end: 
  • December
  • No. of Countries operations: 
  • 190
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Banking and Financial services
  • Date listed on Stock Exchange: 
  • 02/07/2007

 

  • Contact Information
  • Business operation: 
  • Discover Financial Services provides banking and credit products that helps people achieve their goals–from establishing good credit, to consolidating debt. In payments, their networks connect banks, cardmembers and merchants around the world with innovative commerce solutions.
  • Primary office: 
  • Riverwoods, 2500 Lake Cook Rd, United States,

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Reporting currency: 
  • USD
  • ISIN number (12 digit): 
NYSE
US2547091080
  • Authorised shares:
  • 2 000 000 000
  • Issued shares:
  • 570 837 720
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 0 shareholders
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Credit Rating

NameLogoCountryHeadquartersRating
Fitch Credit LogoUnited States of AmericaNew YorkBBB+

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Tom

Non Executive
NationalityAmerican
64
RoleChairman
QualificationBBA
Date Appointed: 01/01/2020
Duration:
6 years and 8 months
Independance: Y
Profile
Name

Candace

Non Executive
NationalityAmerican
74
RoleNED
QualificationBAcc
Date Appointed: 01/01/2014
Duration:
12 years and 8 months
Independance: N
Profile
Name

Joseph

Non Executive
NationalityAmerican
64
RoleNED
QualificationMBA,BS
Date Appointed: 01/01/2016
Duration:
10 years and 8 months
Independance: N
Profile
Name

Kathy

Non Executive
NationalityAmerican
65
RoleNED
QualificationNot Available
Date Appointed: 05/09/2023
Duration:
2 years and 11 months
Independance: Y
Profile
Name

Daniela

Non Executive
NationalityAmerican
62
RoleNED
QualificationBA
Date Appointed: 14/06/2023
Duration:
3 years and 2 months
Independance: Y
Profile
Name

John

Non Executive
NationalityAmerican
66
RoleNED
QualificationNot Available
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Profile
Name

David

Non Executive
NationalityAmerican
51
RoleNED
QualificationBA, J.D
Date Appointed: 22/02/2021
Duration:
5 years and 6 months
Independance: Y
Profile
Name

Michael

Executive
NationalityAmerican
72
RoleCEO
QualificationNot Available
Date Appointed: 01/01/2024
Duration:
2 years and 8 months
Independance: Y
Profile
Name

Beverley

Non Executive
NationalityAmerican
65
RoleNED
QualificationNot Available
Date Appointed: 11/05/2023
Duration:
3 years and 3 months
Independance: Y
Profile
Name

Jennifer

Non Executive
NationalityAmerican
51
RoleNED
QualificationMBA,MS,BS
Date Appointed: 01/01/2019
Duration:
7 years and 8 months
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Tom Maheras

Duration6 years and 8 months
Profile
Name

Candace Duncan

Duration12 years and 8 months
Profile
Name

Joseph Eazor

Duration10 years and 8 months
Profile
Name

Kathy Lonowski

Duration2 years and 11 months
Profile
Name

Daniela O'Leary-Gill

Duration3 years and 2 months
Profile
Name

John Owen

Duration4 years and 8 months
Profile
Name

David Rawlinson

Duration5 years and 6 months
Profile
Name

Michael Shepherd

Duration2 years and 8 months
Profile
Name

Beverley Sibblies

Duration3 years and 3 months
Profile
Name

Jennifer Wong

Duration7 years and 8 months
Profile

 

Director Experience

Name
Experience
Name

Tom

Experience Financial Services
Profile
Name

Candace

Experience Financial Services
Profile
Name

Joseph

Experience Technology
Profile
Name

Kathy

Experience Banking
Profile
Name

Daniela

Experience Financial Services
Profile
Name

John

Experience Financial Services
Profile
Name

David

Experience Technology, Legal, Government
Profile
Name

Michael

Experience Banking
Profile
Name

Beverley

Experience Financial Services
Profile
Name

Jennifer

Experience Technology
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2007
Year19 years and 8 months
Profile

 

 

Company Committees

Name

Tom Maheras

Mainboard, Audit, Remuneration BD, RE
Profile
Name

Candace Duncan

Mainboard, Audit, Remuneration BD, AU, NG
Profile
Name

Joseph Eazor

Mainboard, Audit, Remuneration BD, AU, NG
Profile
Name

Kathy Lonowski

Mainboard, Audit, Remuneration BD, RC
Profile
Name

Daniela O'Leary-Gill

Mainboard, Audit, Remuneration BD, AU, RE
Profile
Name

John Owen

Mainboard, Audit, Remuneration BD, RC
Profile
Name

David Rawlinson

Mainboard, Audit, Remuneration BD, NG
Profile
Name

Michael Shepherd

Mainboard, Audit, Remuneration BD
Profile
Name

Beverley Sibblies

Mainboard, Audit, Remuneration BD, AU
Profile
Name

Jennifer Wong

Mainboard, Audit, Remuneration BD, RC, RE
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT