hit counter html code

Spot stock dips after CEO Roger Hochschild’s exit

Shares of Discover Financial fell more than 9% on Tuesday after the Riverwoods-Ill. Roger Hochschild is stepping down as CEO, effective immediately.

The company said after markets closed Monday that John Owen, a board member and former chief financial officer for Regions, will serve as interim CEO and president. Discover will work with a global executive search firm to find a permanent replacement.

Discover said the board and Hochschild “agreed that now was the right time to transfer leadership” but did not give a reason. Hochschild, a 25-year veteran of the company who was named CEO in 2018, will take on an “advisory role” through the end of the year.

Related Posts

People Stunned After Learning What the Yellow Substance in Your Eyes Really Is Upon Waking!

The Science Behind ‘Sleep’ in Your Eyes What That Morning Crust Really Means Why You Wake Up with Eye Gunk Most of us start our day by…

Donald and Melania Trump draw criticism for their post about Pope Francis’ funeral

Trump Faces Backlash Over Funeral Comment President Donald Trump and First Lady Melania Trump are facing criticism for a post about Pope Francis’ funeral. The Passing of…

Revealed in the Vatican’s official statement

The date and time for the funeral of Pope Francis has been confirmed by the Vatican. Cardinals today (22 April) met to discuss details of the late…

If you have these two holes in your back, it means you don’t

What Do the Holes in Your Lower Back Mean? Ever noticed two small dimples at the base of your spine? These subtle marks go by different names: Venus…

Resurfaced video captures holocaust survivor challenging ICE director

Bernard Marks, a holocaust survivor, challenged US ICE Acting Director Thomas Homan in 2017 during a public forum on immigration. Now, the video of the confrontation have…

The spiritual belongings enclosed in Pope Francis’ casket

A Final Farewell to Pope Francis Photos of Pope Francis lying peacefully in his coffin reveal more than a farewell — they reflect a life devoted to…

Leave a Reply

Your email address will not be published. Required fields are marked *