RIVERWOODS, Ill.--(BUSINESS WIRE)--Jul. 20, 2009--
Discover Financial Services today announced that Mark A. Zaeske has been
named senior vice president, finance, and chief accounting officer.
Zaeske will oversee Discover’s accounting, external reporting,
management reporting, corporate tax, and corporate procurement and
payment services. He will report directly to Roy A. Guthrie, chief
financial officer for Discover.
“Mark’s deep background in banking and financial services will be a
great asset to Discover,” Guthrie said. “We look forward to the
contributions he will undoubtedly make as we continue to manage the
business conservatively while building for the future.”
“I am very excited about the opportunity to join Discover,” Zaeske said.
“I’ve been impressed by the company’s ability to manage through this
challenging economic environment. With its strong capital and liquidity
position and ever-expanding domestic and international acceptance, I am
excited about the future and look forward to being a part of the
management team.”
Before joining Discover, Zaeske was with JPMorgan Chase since 2003,
where he served in a variety of positions, including as chief financial
officer of the company’s Worldwide Securities Services Division, CFO of
the Treasury Services Division, and CFO of the Commercial Banking
Division. Most recently, Zaeske was the Western Hemisphere regional
executive, Treasury, Liquidity and Investment Products at JPMorgan.
Prior to his employment with JPMorgan, Zaeske was treasurer of AIG
retirement savings from 2000 to 2003, and worked as an associate
director and later, assistant treasurer, for Citigroup from 1996 to
2000. He has a bachelor’s degree from the University of Texas and an MBA
from the University of Chicago.
Zaeske will begin his new role at Discover on July 27, 2009.
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. Since its inception in 1986, the
company has become one of the largest card issuers in the United States.
The company operates the Discover Card,
America's cash rewards pioneer, and offers student and personal loans,
as well as savings products such as certificates of deposit and money
market accounts. 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.
Source: Discover Financial Services
Jon Drummond
Discover Financial Services
224-405-1888
jondrummond@discover.com