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Uncover Monetary Companies (NYSE:DFS) stated Monday it has named Michael G. Rhodes, most just lately the group head of Canadian Private Banking at TD Financial institution (TD), because it subsequent CEO and president efficient on or earlier than March 6, 2024.
Rhodes additionally will be appointed to the corporate’s board, in addition to function president of Uncover Financial institution, beginning the identical date.
John Owen, who has served as interim CEO and president of DFS and interim president of Uncover Financial institution since Aug. 14, 2023, will proceed on this capability till Rhodes formally joins the corporate. After Rhodes joins, Owen will proceed to function a board member of each DFS of Uncover Financial institution.
Rhodes joined TD (TD) in 2011, the place he held quite a few roles, from main the North American Credit score Card and Service provider Companies enterprise to group head of Innovation, Know-how and Shared Companies.