DFS DISCOVER FINANCIAL SERVICES

Amir Arooni Joins Discover as Chief Information Officer

Amir Arooni, a global banking technology leader with 30 years of experience, has been named Discover’s new Chief Information Officer responsible for the company’s technology organization. He will join the company’s Executive Committee as an executive vice president April 2.

This press release features multimedia. View the full release here:

Amir Arooni will join Discover as CIO in April (Photo: Business Wire)

Amir Arooni will join Discover as CIO in April (Photo: Business Wire)

Arooni, 55, currently is CIO for NN Group in the Netherlands, which was spun off by ING in 2014. At NN Group, he has led a digital technology transformation for the banking, insurance and asset-management firm. He is responsible for the company’s technology function and business information security, among others, and the NN Group’s integration of the recently acquired insurance and banking company Delta Lloyd.

“Amir shares Discover’s commitment to providing a superior customer experience through the use of innovative technology solutions that will benefit customers and support our digital banking strategy,” said Roger Hochschild, Discover’s CEO and president. “We welcome his customer-focused approach and leadership in advanced analytics, mobile functionality and artificial intelligence as we integrate new technology to build on Discover’s success.”

Prior to his current role with NN Group, Arooni was CIO of Global Digital Channels & Payments Services for ING in Amsterdam, where he held various executive roles since joining ING in 2000.

One of his key accomplishments at ING was a large-scale design, pilot, implementation and scaling of an end-to-end transformation of work processes, including Agile and DevOps across onshore and offshore teams.

From 1999 to 2001, Arooni was program director, senior vice president and senior business analyst at CapGemini, a global consulting, technology and outsourcing services firm in the Netherlands. Prior to that, he held IT-related roles at TPG Post, Postkantoren BV, and KPN Holding, all in the Netherlands.

His educational background in addition to technology includes a recent Master of Science degree in Positive Leadership and Strategy from IE University in Madrid, Spain; an MS in Consulting and Coaching for Change from HEC School of Management, Paris and Oxford University, England; and an MBA from Erasmus University Rotterdam, the Netherlands and the University of North Carolina, Chapel Hill.

Arooni succeeds former CIO Glenn Schneider, who has worked for Discover since 1993. Schneider will assist Arooni through the transition, before taking on a special project role under Hochschild.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and 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 issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of 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 around the world. For more information, visit .

EN
28/01/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DISCOVER FINANCIAL SERVICES

Discover Financial Services: Update to credit analysis

Our credit view of this issuer reflects its strong core profitability, constrained by its high credit card concentration heightens DFS' vulnerability to economic downturns.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Discover Financial Services and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 7 February 2025 in which we reassessed the appropriateness of the ratings in th...

 PRESS RELEASE

Discover Financial Services Reports Fourth Quarter 2024 Net Income of ...

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) Fourth Quarter 2024 Results   2024 2023 YOY Change Total loans, end of period (in billions) $121.1 $128.4 (6%) Total revenue net of interest expense (in millions) $4,759 $4,180 14% Total net charge-off rate 4.64% 4.11% 53 bps Net income (in millions) $1,291 $366 253% Diluted EPS $5.11 $1.45 252% Discover Financial Services (NYSE: DFS) today reported net i...

 PRESS RELEASE

Discover Financial Services Announces Fourth Quarter 2024 Earnings Rel...

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) plans to report its Fourth quarter 2024 results after the market closes on Wednesday, January 22, 2025. The earnings release will be available through Discover's Investor Relations website at . A conference call to discuss the firm's results and related matters will be held on Thursday, January 23, 2025, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audio webcast will be accessible to the general public through Discover’s Investor Relations website at . An audio replay will be available ...

 PRESS RELEASE

Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Fina...

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Just over half (54%) of U.S. consumers plan to make a financial resolution for 2025, according to a new national survey conducted by Discover® Personal Loans. The top financial resolutions in America are to save more in general (42%), earn more (35%), spend less (35%), improve credit scores (27%), build an emergency fund (26%) and pay off or consolidate debt (21%). This press release features multimedia. View the full release here: According to a new national survey from Discover® Personal Loans, 54% of American consumers plan to make a financial resolution...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch