RIVERWOODS, Ill.--(BUSINESS WIRE)--Sept. 16, 2008--Discover
Financial Services (NYSE:DFS) today announced that Thomas G. Maheras
has joined Discover's Board of Directors.
Maheras was with Citi for 23 years and has extensive banking and
capital markets experience. Prior to leaving Citi, he was chairman and
co-CEO of Citi markets and banking.
"Tom's expertise in global capital markets complements the diverse
talent of our board," said Discover CEO David Nelms.
Maheras was formerly chairman of the U.S. Treasury Department
Borrowing Advisory Committee and a director of the Securities Industry
and Financial Markets Association.
He is a member of the Board of Trustees of Carnegie Hall and a
member of the Business Advisory Council for the Mendoza College of
Business at the University of Notre Dame, where he received a degree
in finance.
The company also announced that its board has declared a quarterly
cash dividend of $.06 per share, payable on Oct. 22, 2008, to
stockholders of record at the close of business on Oct. 1, 2008.
About Discover Financial Services
Discover Financial Services (NYSE: DFS) is a leading credit card
issuer and electronic payment services company with one of the most
recognized brands in U.S. financial services. The company operates the
Discover Card, America's cash rewards pioneer. Since its inception in
1986, the company has become one of the largest card issuers in the
United States. Its payments businesses consist of the Discover
Network, with millions of merchant and cash access locations; PULSE,
one of the nation's leading ATM/debit networks; and Diners Club
International, a global payments network with acceptance in 185
countries and territories. For more information, visit
www.discoverfinancial.com.
CONTACT: Discover Financial Services
Investors:
Craig Streem, 224-405-3575
craigstreem@discover.com
or
Media:
Jon Drummond, 224-405-1888
jondrummond@discover.com
SOURCE: Discover Financial Services