Published on October 12, 2021

Leading financial services company, Discover, has announced the appointment of a new Chief Executive Officer (CEO) to steer the organization forward. The company has named John Smith, a highly-experienced banking executive, as their new CEO.

Smith brings with him a wealth of knowledge and expertise gained from his years of working in the banking industry. With over two decades of experience in various leadership roles, he has spearheaded growth and transformation in several renowned financial institutions around the globe.

“We are thrilled to have John Smith onboard as our new CEO,” said Laura Johnson, Chairman of Discover’s Board of Directors. “His strong track record of strategic vision and execution make him the ideal leader to navigate Discover into the future.”

John Smith’s appointment comes following the retirement of Jennifer Thompson, who served as Discover’s CEO for the past 10 years. Under Thompson’s guidance, Discover experienced substantial growth, expanding its customer base and innovating its digital banking platforms.

Smith expressed his excitement for this new opportunity, stating, “I am honored to join Discover and work alongside their talented team. I look forward to building upon the successes achieved under Jennifer Thompson’s leadership and driving Discover’s continued growth and success.”

Discover: Founded in 1985, Discover Financial Services is a leading direct banking and payment services company. They provide a range of innovative financial products, including credit cards, personal loans, and banking services. With a customer-centric approach, Discover aims to make banking accessible and rewarding for its customers.

As the new CEO of Discover, John Smith will be responsible for setting and executing the company’s strategic goals, ensuring its continued expansion, and fostering innovation in the ever-evolving financial industry.