Sundar PichaiSundar Pichai earned $164M in 2023

John B. Owen is the Interim CEO and President of Discover Financial Services, appointed in August 2023 after the previous CEO stepped down. He has a solid background in finance, holding a Bachelor's degree from the University of Alabama. Before...

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John B. Owen

Ex-CEO of Discover Financial Services

Education

Bachelor's degree in business from the University of Alabama.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 15, 1963 - 62 years ago

CEO of Discover Financial Services for

0 years 7 months (Aug 2023 - Apr 2024)

Previous Experience

Chief Operating Officer at Regions Financial Corp. and various senior management roles.

Rivals

Competitors/colleagues of John B. Owen

Holdings

See how much did John B. Owen make over time.

John B. Owen's insider trading activity reveals him managing significant holdings in Discover Financial Services, where he transitioned into the role of Interim CEO in August 2023. His financial interest in the company aligns closely with his current position, emphasizing...

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Total Stock Sold

$7.80M

RF

$7.80M

511,444 RF shares

What if they kept their stock?

If John B. Owen didn't sell their stock, today they would have:
Extra RF511,444 shares worth $5.45M.
This is -30.14% and $2.35M less than what they got when they sold the stock.

Charitable Transactions

RF

6,000 shares

RF

Recent Charitable Transactions

RF

6,000 shares

RF

Feb 11, 2021

Charity

Insider Trading

See recent insider trades of John B. Owen.

RF

6,000 shares

RF

Feb 11, 2021

Charity

RF

$761.46K

RF at $19.04/share

Feb 5, 2021

Sale

RF

$1.33M

RF at $17.73/share

Jan 26, 2021

Sale

RF

$585.02K

RF at $14.63/share

Aug 9, 2019

Sale

RF

$941.51K

RF at $15.25/share

Apr 23, 2019

Sale

RF

$1.86M

RF at $18.61/share

May 1, 2018

Sale

RF

$626.86K

RF at $15.67/share

Nov 7, 2017

Sale

RF

$418.30K

RF at $13.94/share

Apr 25, 2017

Sale

RF

$405.65K

RF at $10.14/share

May 13, 2015

Sale

RF

$864.29K

RF at $10.21/share

Jan 31, 2014

Sale

Compensation History

See how much did John B. Owen make over time.

In 2023, John B. Owen’s total compensation as Interim CEO of Discover Financial Services was approximately $2,188,651. His salary for the year was $343,462, along with a substantial $500,000 bonus recognizing his service during a leadership transition. Additionally, his compensation package included $133,871 worth of vested stock, which reflects the company's performance and potential financial success. Other forms of compensation brought in an additional $675,178, enhancing his earnings as he leads the company through critical changes during this transitional period. This structure emphasizes the importance of aligning executive pay with the broader goals of the organization and ensures that leadership is focused on the company's success during a time of change.

Year

2023

Total Compensation

$1.65M

Salary

$343.46K

Board Justification

The compensation program is designed to attract, retain, and motivate executives, aligning their interests with those of shareholders.

Bonus

$500.00K

Board Justification

Bonus awarded in recognition of service as Interim CEO and President.

Other

$675.18K

Board Justification

Includes various perquisites and other personal benefits, including temporary housing expenses while serving as Interim CEO.

Restricted Stock

$133.87K(1.4K RSU)

Board Justification

RSUs that vested and converted to shares of Common Stock on January 31, 2024.

Performance Metrics

Compensation is tied to company performance metrics, including financial performance and individual contributions.