In 2023, Roger C. Hochschild earned $34.80M in total compensation at Discover Financial Services, including $1.10M salary, $9.43M bonus and $13.38M in stock. Most recently acquired 303 shares in Jun 2024. Currently holds stock worth $3.29M. Led Discover Financial Services as CEO for 4 years.
Compensation History
Annual executive compensation data for Roger C. Hochschild, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$34.80M
Salary
$1.10M
Bonus
$9.43M
Other
$10.89M
Salary
$1.10MBoard Justification
The compensation philosophy emphasizes performance-based pay to align the interests of executives with those of shareholders, focusing on long-term value creation.
Bonus
$9.43MBoard Justification
The bonus was awarded in recognition of Mr. Hochschild's performance as CEO prior to his resignation in August 2023.
Other Compensation
$10.89MBoard Justification
Other compensation includes various benefits and perquisites, including personal security and travel expenses.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were based on prior grants, with a total value realized of $13,382,072.
Performance Metrics
The performance metrics for determining compensation included company financial performance and individual contributions.
Roger C. Hochschild
Ex-CEO of Discover Financial Services
Education
Bachelor's degree from the University of Michigan and an MBA from the University of Chicago.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
March 10, 1963 - 62 years ago
CEO of Discover Financial Services for
4 years 9 months (Nov 2018 - Aug 2023)
Previous Experience
President and Chief Operating Officer of Discover Financial Services prior to becoming CEO.
Holdings
Track Roger C. Hochschild's stock holdings and portfolio value over time.
Insider Trading
Roger C. Hochschild's recent stock transactions, purchases, and sales filed with the SEC.
303 shares
PFG
Jun 28, 2024
Received
2,395 shares
PFG
May 21, 2024
Received
250 shares
PFG
Mar 28, 2024
Received
265 shares
PFG
Dec 20, 2023
Received
277 shares
PFG
Sep 29, 2023
Received
257 shares
PFG
Jun 30, 2023
Received
2,750 shares
PFG
May 16, 2023
Received
236 shares
PFG
Mar 31, 2023
Received
Rivals
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