Last $63.53 USD
Change Today -0.86 / -1.34%
Volume 2.2M
DFS On Other Exchanges
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As of 8:04 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

David W. Nelms

Chairman and Chief Executive Officer, Discover Financial Services
AgeTotal Calculated CompensationThis person is connected to 34 board members in 5 different organizations across 6 different industries.

See Board Relationships
53$21,171,839
As of Fiscal Year 2013

Background*

Mr. David W. Nelms has been the Chairman and Chief Executive Officer of Discover Bank since January 2009 and 2004 respectively. Mr. Nelms served as Chief Executive Officer of Discover Financial Services since 2004. He served as the President and Chief Operating Officer of Discover Bank from 1998 to 2004. He served as Senior Executive of MBNA America Bank from 1992 to 1998. From 1990 to 1991, he was a Senior Product Manager for Progressive Insurance. He served as a Management ...

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Corporate Headquarters*

2500 Lake Cook Road
Riverwoods, Illinois 60015

United States

Phone: 224-405-0900
Fax: --

Board Members Memberships*

Chairman and Chief Executive Officer
Director
Director, Member of Audit Committee and Member of Nominating & Governance Committee
1998-Present
Chairman and Chief Executive Officer
2014-Present
Independent Director, Member of Nominating & Corporate Governance Committee and Member of Audit Committee

Education*

MBA
Harvard Business School
BS
University of Florida

Other Affiliations*

Annual Compensation*

Salary$1,000,000
Total Annual Compensation$1,000,000

Stock Options*

Restricted Stock Awards$18,203,989
All Other Compensation$17,850
Exercisable Options45,315
Exercisable Options Value$1,326,370
Total Value of Options$1,326,370
Total Number of Options45,315

Total Compensation*

Total Annual Cash Compensation$2,967,850
Total Short Term Compensation$1,000,000
Other Long Term Compensation$18,221,839
Total Calculated Compensation$21,171,839
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Kelly S. King Chairman, Chief Executive Officer, Member of Executive Committee, Member of Risk Committee, Chairman of Branch Banking & Trust Company and Chief Executive Officer of Branch Banking & Trust Company
BB&T Corporation
$996.3K
Joseph L. Hooley Chairman, Chief Executive Officer, President, Chairman of Executive Committee and Member of Risk & Capital Committee
State Street Corporation
$1.0M
Kevin T. Kabat Vice Chairman, Chief Executive Officer, Member of Finance Committee and Member of Trust Committee
Fifth Third Bancorp
$1.0M
Frank R. Martire Chairman, Chief Executive Officer and Chairman of Executive Committee
Fidelity National Information Services, Inc.
$1.0M
Margaret M. Keane Chief Executive Officer, President and Director
Synchrony Financial
$2.0M
Compensation as of Fiscal Year 2013.

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