By Michael Dabaie
Discover Financial Services (DFS) said Chief Financial Officer R. Mark Graf plans to retire in 2020.
Mr. Graf, who joined Discover in 2011, will remain in his current role until a successor is named, the direct banking and payment services company said Thursday. Mr. Graf will participate in the process and remain an employee until early 2020, Discover said.
Executive talent firm Crist Kolder Associates will conduct the search.
"I love working at this great company, but those who know me well have heard me speak for years about wanting a second phase of my career. As I turn 55, it is time to put that plan in motion," Mr. Graf said in prepared remarks.
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