Discover 2010 Annual Report Download - page 31

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Executive Officers of the Registrant
Set forth below is information concerning our executive officers, each of whom is a member of our Executive
Committee.
Name Age Position
David W. Nelms ................................. 49 Chairman and Chief Executive Officer
Roger C. Hochschild ............................ 46 President and Chief Operating Officer
Roy A. Guthrie(1) ................................. 57 Executive Vice President and Chief Financial Officer
Kathryn McNamara Corley................... 50 Executive Vice President, General Counsel and Secretary
Carlos Minetti..................................... 48 Executive Vice President, President – Consumer Banking and Operations
Diane E. Offereins............................... 53 Executive Vice President, President – Payment Services
James V. Panzarino............................. 58 Executive Vice President and Chief Credit Risk Officer
Glenn Schneider ................................. 49 Senior Vice President and Chief Information Officer
Harit Talwar....................................... 50 Executive Vice President, President – U.S. Cards
(1) On October 6, 2010, Roy A. Guthrie announced his intent to retire in the summer of 2011.
David W. Nelms has served as our Chairman since January 2009 and our Chief Executive Officer since 2004, and
was also our Chairman from 2004 until our spin-off from Morgan Stanley in 2007. He was our President and Chief
Operating Officer from 1998 to 2004. Prior to joining us, Mr. Nelms worked at MBNA America Bank from 1990 to
1998, most recently as a Vice Chairman. Mr. Nelms holds a Bachelor’s of Science degree in Mechanical Engineering
from the University of Florida and an M.B.A. from Harvard Business School.
Roger C. Hochschild has served as President and Chief Operating Officer since 2004, and was Executive Vice
President, Chief Marketing Officer from 1998 to 2001. From 2001 to 2004, Mr. Hochschild was Executive Vice
President, Chief Administrative and Chief Strategic Officer of our former parent Morgan Stanley. Mr. Hochschild holds a
Bachelor’s degree in Economics from Georgetown University and an M.B.A. from the Amos Tuck School at Dartmouth
College.
Roy A. Guthrie has served as Executive Vice President and Chief Financial Officer since 2005. Prior to joining us,
Mr. Guthrie was President, Chief Executive Officer of CitiFinancial International, LTD, a Consumer Finance Business of
Citigroup, from 2000 to 2004. In addition Mr. Guthrie served on Citigroup’s Management Committee during this period
of time. Mr. Guthrie served as Chief Financial Officer of Associates First Capital Corporation from 1996 to 2000, while it
was a public company and served as a member of its board from 1998 to 2000. Mr. Guthrie holds a Bachelor’s degree
in Economics from Hanover College and an M.B.A. from Drake University.
Kathryn McNamara Corley has served as Executive Vice President, General Counsel and Secretary since February
2008. Prior thereto, she had served as Senior Vice President, General Counsel and Secretary since 1999. Prior to
becoming General Counsel, Ms. Corley was Managing Director for our former parent Morgan Stanley’s global
government and regulatory relations. Ms. Corley holds a Bachelor’s degree in Political Science from the University of
Southern California and a J.D. from George Mason University School of Law.
Carlos Minetti has served as Executive Vice President, President – Consumer Banking and Operations since April
2010. Prior thereto, he had been Executive Vice President, Cardmember Services and Consumer Banking and since
September 2006, Executive Vice President, Cardmember Services and Risk Management. Prior to joining us as Executive
Vice President, Cardmember Services in January 2001, Mr. Minetti worked in card operations and risk management for
American Express from 1987 to 2000, most recently as Senior Vice President. Mr. Minetti holds a Bachelor’s of Science
degree in Industrial Engineering from Texas A & M University and an M.B.A. from the University of Chicago.
Diane E. Offereins has served as Executive Vice President, President – Payment Services since April 2010. Prior
thereto, she had been Executive Vice President, Payment Services since December 2008 and Executive Vice President and
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