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Hope Mehlman Joins Discover as Chief Legal Officer and General Counsel

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Discover Financial Services announces that Hope Mehlman will join as chief legal officer and general counsel. With over 20 years of experience in legal and compliance within the financial services sector, Mehlman aims to enhance Discover's legal strategies and ESG efforts. Previously at Bank of the West, her leadership experience includes promoting diversity and inclusion. CEO Roger Hochschild states her expertise will significantly support Discover's corporate and regulatory initiatives.

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  • Hope Mehlman's extensive experience in legal, compliance, and risk management will strengthen Discover's legal organization.
  • Her background in Environmental, Social, and Governance (ESG) will enhance Discover's initiatives in this area.
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  • None.

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Hope Mehlman, an accomplished leader, business executive and legal expert with over 20 years of legal, compliance, regulatory, and risk management experience in the financial services industry and in private practice, will be joining Discover as chief legal officer and general counsel and a member of the company’s Executive Committee.

Mehlman will lead Discover’s legal organization, which plays a critical role advising on corporate and product strategies, as well as managing litigation and legislative and regulatory affairs. Considered an industry leader in Environmental, Social, and Governance (ESG), her knowledge and expertise in the ESG space will benefit Discover.

“Hope’s experience working in the financial services industry and supporting business strategy will enable her to contribute to Discover’s success and effectively lead our regulatory and legislative efforts,” said Roger Hochschild, Discover’s CEO and president.

Prior to joining Discover, Mehlman was executive vice president, general counsel, and corporate secretary of Bank of the West and corporate secretary of BNP Paribas USA, Inc. She held leadership roles in building diverse and inclusive work environments including co-executive sponsor of Bank of the West’s Women’s Initiative, and executive sponsor of Bank of the West’s Association for Pan-Asian Excellence Resource Group.

Mehlman was named one of the Most Influential Women in Business in the Bay Area by the San Francisco Business Times and was highlighted by Corporate Counsel as an extraordinary leader for her “Innovative Leadership” as part of its 2022 Women, Influence & Power in Law Awards.

Before joining Bank of the West, Mehlman served as executive vice president, corporate secretary, chief governance officer, and deputy general counsel of Regions Financial Corporation. She also served as co-chair of the Board of Directors of the Council of Institutional Investors.

About Discover

Discover Financial Services (NYSE: DFS) is a digital 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 loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants 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 www.discover.com/company.

Media Contact

Matthew Towson

matthewtowson@discover.com

224-405-5649



Investor Contact:

Eric Wasserstrom

Investor Relations

224-405-4555

investorrelations@discover.com

Source: Discover Financial Services

FAQ

Who is the new chief legal officer of Discover Financial Services?

Hope Mehlman has been appointed as the new chief legal officer and general counsel of Discover Financial Services.

What experience does Hope Mehlman bring to Discover?

Hope Mehlman has over 20 years of experience in legal, compliance, and risk management in the financial services industry.

How will Mehlman's role impact Discover's ESG initiatives?

Mehlman's expertise in Environmental, Social, and Governance (ESG) will benefit Discover's initiatives in this area.

When was the press release about Hope Mehlman's appointment issued?

The press release announcing Hope Mehlman's appointment was issued recently, but the exact date is not specified.

What is Discover Financial Services' stock symbol?

Discover Financial Services is publicly traded under the stock symbol DFS.

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