RIVERWOODS, Ill., March 28, 2024--Discover Financial Services (NYSE: DFS) plans to report its First quarter 2024 results after the market closes on Wednesday, April 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com.
Discover Financial Services said on Wednesday its CEO Michael Rhodes will step down from his role, effective April 1, three months after he joined the credit card issuer. Rhodes will serve as an advisor to Discover's interim CEO J. Michael Shepherd through April 12, and will take over the helm as Ally Financial's top boss from April 29. Rhodes was not expected to have a long-term role after the company completed its merger with Capital One Financial, Discover said in the filing.
Bonuses fell across Wall Street during a challenging 2023, according to a new report, but some bosses were able to buck that trend.