Discover Names Shifra Kolsky New Controller & Chief Accounting Officer
28 Ottobre 2020 - 10:31PM
Business Wire
Discover Financial Services announced today that Shifra Kolsky,
Vice President and Assistant Controller, will take over the role of
Senior Vice President, Controller & Chief Accounting Officer,
on Nov. 2, 2020. She will serve on the company’s Management
Committee. Kolsky replaces Ed McGrogan, who plans to retire at the
end of 2020 after 12 years with the company.
Kolsky has been with Discover for 11 years and was promoted to
Vice President, Assistant Controller in 2015. Prior to that, she
was Director, Corporate Accounting and Reporting. She was
instrumental in driving several key initiatives, including
significant accounting changes and compliance with the
Sarbanes-Oxley Act. Kolsky also oversaw implementation of robotic
process automation in the finance function. She is a member of the
Company’s Diversity, Equity & Inclusion Steering Council. Prior
to working for Discover, Kolsky was an Audit Senior Manager for
Deloitte & Touche from 2002 to 2008, Director of Finance for
JCDS Las Vegas from 2001 to 2002, and an Audit Manager for Arthur
Anderson from 1994 to 2001.
McGrogan was elected Controller & Chief Accounting Officer
by the Board of Directors in December 2012, and promoted to Senior
Vice President in 2016. Prior to that, he was Vice President,
Reporting and Accounting Services. He joined Discover in 2008 as
Director, External Reporting. McGrogan led the integration of the
company’s finance and accounting functions for Discover’s
acquisitions, helped guide the implementation of Bank Holding
Company Reporting requirements, and oversaw significant accounting
changes, including the new Current Expected Credit Losses
accounting standard, securitization consolidation and revenue
recognition.
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 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 www.discover.com/company.
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version on businesswire.com: https://www.businesswire.com/news/home/20201028006236/en/
Media Jon Drummond jondrummond@discover.com 224-405-1888
@Discover_News Investor Relations Craig Streem
craigstreem@discover.com 224-405-5923
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