{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-212472","form_type":"8-K","ticker":null,"cik":"0001393612","company_name":"Discover Financial Services","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.773628+00:00","generated_at":"2026-06-11T10:29:18.224225+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Discover Financial CEO resigns; John Owen named interim CEO; board adds Shepherd","bullets":["CEO Roger Hochschild resigned effective Aug 14, 2023; will serve as advisor through Dec 31, 2023.","Board appointed John B. Owen as Interim CEO and President effective Aug 14, 2023.","J. Michael Shepherd appointed to Board, will serve on Risk Oversight Committee.","Special search committee formed to find permanent CEO; leading global search firm engaged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-212472","json":"https://secwatch.observer/filing/0001193125-23-212472.json","markdown":"https://secwatch.observer/filing/0001193125-23-212472.md","text":"https://secwatch.observer/filing/0001193125-23-212472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393612/000119312523212472/0001193125-23-212472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393612/000119312523212472/d573571d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T10:29:18.224225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5baa4e9bcd","claim":"John B. Owen was appointed as Interim Chief Executive Officer and Interim President at Discover Financial Services.","evidence_excerpt":"the Board appointed John B. Owen as Interim Chief Executive Officer and Interim President of the Company and as Interim President of the Bank, effective August 14, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393612/000119312523212472/0001193125-23-212472-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer and Interim President"}],"fact_type":"executive_change"},{"claim_id":"e105e8d6b0","claim":"J. Michael Shepherd was appointed as Director at Discover Financial Services.","evidence_excerpt":"the Board appointed J. Michael Shepherd as a director of the Company and as a member of the Board of Directors of the Bank, effective August 14, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393612/000119312523212472/0001193125-23-212472-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}