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CHICAGO — Shares of Riverwoods-based Discover Financial Services fell nearly 10% Tuesday after the company announced the sudden resignation of CEO Roger Hochschild amid compliance issues.
David Nelms was the Chief Executive Officer of Discover Financial from 2004 – September 30, 2018. Nelms was named chairman of the board in 2009 and as of October 1, 2018, was the Executive Chair of the board of directors. [2] [3] He joined Discover as president and COO in 1998. [3] From 1991-1998, Nelms served as an executive for MBNA.
David Zaslav (born January 15, 1960) is an American media executive who is the current CEO and president of Warner Bros. Discovery (WBD). [1] Zaslav became CEO and president of Discovery, Inc. in 2006, and focused on the company’s core networks, programming, and expanding its reach into Digital media.
He played a leading role in Sears's acquisition of Dean Witter Reynolds on December 31, 1981, and became President in 1982 and Chairman and CEO in 1986. In 1993, Purcell led the spin-off from Sears and initial public offering of Dean Witter Discover. Shareholders buying the IPO made 20% per year, or 9 times their original investment by March ...
Discover Names Next CEO as David Nelms Ends a 20-Year Run
John J. Mack, then- president of Morgan Stanley, waves his Discover credit card at a press conference in New York, February 5, held to announce the $10.2 billion merger of Dean Witter, Discover ...
The board’s resignation letter was signed by all seven independent directors, including Sequoia’s Botha, as well as Patrick Chung, head of Xfund, who was among 23andMe’s earliest investors ...
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