Discover names new CFO

RIVERWOODS - Discover Financial Services announced John T. Greene, a financial executive in the banking, insurance and pharmaceutical industries, has been named executive vice president, chief financial officer and a member of the company's executive committee, effective Sept. 18.

Greene will be responsible for all financial functions, including accounting, tax, reporting, business development, procurement, treasury, and investor relations. He succeeds R. Mark Graf, who will remain with the company as an executive adviser until his retirement in early 2020.

Greene has more than 30 years of experience leading financial operations. He most recently served as CFO at Bioverativ, a global biopharmaceutical company focusing on patients with rare blood disorders. Prior to that, he was CFO for Willis Group Holdings from 2014 to 2016, which was preceded by more than eight years at HSBC Holdings, where he held CFO positions for several divisions, including retail bank and wealth management; insurance and consumer and mortgage lending. He also held various CFO roles in his 12-year tenure with General Electric from 1993 to 2005.

"John's proven financial management success and record of operational excellence make him a key addition to Discover's executive leadership team," said Roger Hochschild, Discover's CEO and president. "He joins the company at an exciting time as we increase our investments in the people and technology that enhance our operating model and continue to help us exceed our customers' expectations."