DISCOVER FINANCIAL SERVICES (NYSE:DFS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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DISCOVER FINANCIAL SERVICES (NYSE:DFS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

DISCOVER FINANCIAL SERVICES (NYSE:DFS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

On June 3, 2019, R. Mark Graf, executive vice president and chief financial officer of Discover Financial Services (the “Company”), notified the Company of his intent to retire in early 2020. A search is being conducted for his successor.

A copy of the press release issued by the Company on June 6, 2019 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits

99.1    Press Release of the Company dated June 6, 2019

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Discover Financial Services Exhibit
EX-99.1 2 d759551dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   DISCOVER CFO MARK GRAF TO RETIRE FROM COMPANY IN 2020 Riverwoods,…
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About DISCOVER FINANCIAL SERVICES (NYSE:DFS)

Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking, which includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services, including personal loans, home equity loans, and other consumer lending and deposit products, and Payment Services segment, which includes PULSE and its Network Partners business. PULSE is an automated teller machine, debit and electronic funds transfer network. The Company’s Network Partners business provides payment transaction processing and settlement services on the Discover Network. The Company provides direct banking products and services, and payment services through its subsidiaries.