Digital banking firm Discover Financial Services (DFS.N) said on Monday Roger Hochschild would step down as chief executive officer and a member of the board.
The company, whose shares fell 5.5% in extended trading, also named board member John Owen as interim CEO and president, effective immediately.
At the time, Discover also revealed that it had received a proposed consent order from the Federal Deposit Insurance Corporation in connection with consumer compliance that does not include the card product classification matter.
The stock has fallen nearly 16% since the disclosures and buyback pause, through previous close.
