Discover Financial President and CEO Michael Rhodes resigns [Seeking Alpha]
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
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US:NYSE Investor Relations:
investorrelations.discover.com
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Source: Seeking Alpha
a long-term role at the combined company after its planned merger with Capital One Financial ( NYSE: COF ), the company said Wednesday. He also resigns his roles as director and officer of Discover Bank at the same date. He'll serve as an adviser to the interim CEO and president of the company through April 12, 2024. He will continue to receive his base salary through the rest of his employment with the company, but he won't receive severance in connection with his resignation, and equity awards that are unvested will be forfeited. Rhodes will also pay back certain cash payments previously made by the company, the company said. On Tuesday, the same day that Rhodes submitted his resignation, Discover's ( DFS ) board named J. Michael Shepherd as interim CEO and president and interim president of the bank., effective April 1, 2024. He'll continue as a member of the board but will resign as a member of the risk oversight committee while he is interim CEO. Shepherd is former Chairm
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DFS
News
- Discover Financial Services (NYSE:DFS) Is Paying Out A Dividend Of $0.70 [Yahoo! Finance]Yahoo! Finance
- Best Savings Rates Today, April 26, 2024: Save More With One of These High-Yield Savings Accounts [CNET News]CNET News
- Discover Financial Services (NYSE: DFS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Capital One Profit Misses Estimates as Loan Write-Offs Climb [Yahoo! Finance]Yahoo! Finance
- Capital One Profit Misses Estimates as Loan Write-Offs Climb [BNN Bloomberg (Canada)]BNN Bloomberg
DFS
Earnings
- 4/17/24 - Miss
DFS
Sec Filings
- 4/26/24 - Form 425
- 4/26/24 - Form 425
- 4/24/24 - Form 4
- DFS's page on the SEC website