Leadership that Drives Innovation

Candace H. Duncan retired from KPMG LLP, a global network of professional firms providing audit, tax and advisory services, in November 2013 where she had been managing partner of the Washington, D.C. metropolitan area since 2009. Ms. Duncan also was on the KPMG LLP board of directors from 2009 to 2013, and served as chair of the board's nominating committee as well as the partnership and employer of choice committee. Prior to that, she served in various roles at the firm, including managing partner for audit for the Midatlantic area and audit partner in charge for the Virginia business unit. Ms. Duncan was admitted to the KPMG LLP partnership in 1987 and had more than 35 years of experience as a professional with the firm. Ms. Duncan is a member of the board of directors of Teleflex Inc. and served on the board of FTD Companies, Inc. from 2014 to 2019.

Kathy Lonowski has 38 years of bank regulatory experience, including with prudential oversight of some of the largest financial institutions in the U.S. She recently retired as Regional Director of the Federal Deposit Insurance Corporation (FDIC), San Francisco Region, a role she held since 2016. As Director of the San Francisco Region, the FDIC’s largest in terms of Gross Domestic Product, Lonowski evaluated the operations of 350 insured financial institutions and led the risk management and consumer protection divisions covering 11 western states. She also supported the management of examination and legal risk-related technical issues and assessed solutions related to potential enforcement actions and civil money penalties.

Prior to her role as Regional Director for the San Francisco Region, Lonowski served as an FDIC Deputy Regional Director, Risk Management Supervision, and Field Supervisor, Risk Management Supervision.

Daniela is a former financial services executive and bank regulator. She held multiple C-Suite roles over 25-years at Bank of Montreal (BMO,) including Chief Auditor and Chief Operating Officer. Her leadership experience spans P&L, risk management, regulatory affairs and investor relations. Prior to joining BMO, she was a commissioned National Bank Examiner at the Office of the Comptroller of the Currency (OCC.) Her governance experience extends to corporate and civic sectors, having served on the boards of Discover Bank, the Museum of Science and Industry, the Executives Club of Chicago and Ravinia. A long-time advocate of inclusion and diversity, she mentors women entrepreneurs and was founding Chair of BMO's Diversity & Inclusion Leadership Council, recognized by American Banker, Catalyst, and the National Diversity Council. She is a member of the Independent Directors Council, National Association of Corporate Directors, Women Corporate Directors, and President of the Private Directors Association – Chicago.

John B. Owen was appointed to the Discover board of directors in June 2022, and served as interim CEO and President of Discover Financial Services and Discover Bank from August 2023 through January 2024. Mr. Owen retired from Regions Financial Corp., one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services, in March 2021, where he had been Chief Operating Officer since 2018. Prior thereto, Mr. Owen served in various senior management roles at the bank, including head of Operations and Technology, head of Consumer Services Group, head of Regional Banking group, and head of Enterprise Services and Consumer Banking. Active in the community, Mr. Owen has served on the boards of directors for the Birmingham Business Alliance, Innovation Depot and the United Way of Central Alabama, as well as the advisory board for the UAB Collat School of Business. Mr. Owen has over 38 years of experience in banking, information technology that spans multiple industries including banking, insurance, airlines, and the defense industry. Under his leadership at Regions, the bank consistently evolved how it served its customers, such as unveiling an overhauled and upgraded mobile app for both iOS and Android devices. He brings valuable leadership experience and has a clear understanding of the overall governance structure associated with a highly regulated industry such as banking.

Michael Shepherd was named interim Chief Executive Officer and President of Discover in April 2024, having previously been elected to the Discover board of directors in August 2023. Before joining Discover, Michael was Chairman and CEO of BancWest Corporation and as a Director and Chair of BNP Paribas, USA. Prior to Bank of the West, he was General Counsel of The Bank of New York Company, Inc. and of Shawmut National Corporation. He served in government as Senior Deputy Comptroller of the Currency, Associate Counsel to the President of the United States and Deputy Assistant Attorney General. Michael is also a Director of Pacific Mutual Holdings Inc. and previously was a Director of First Hawaiian Inc. and CoreLogic. He is a member of Dean’s Council at the National Cathedral in Washington, the Business Executive Council of the University of California, the Civic Committee of the Commercial Club of Chicago, and the Council on Foreign Relations. Michael previously served as a Member and President of the Federal Advisory Council of the Federal Reserve Board, as a Member of the FDIC Advisory Committee on Economic Inclusion, as a Director of the Presidio Trust, and as a Director of The Clearing House.

Beverley A. Sibblies is Founder and President of BAS Financial Corp., a family office that provides personalized financial services since 2009. Prior to founding BAS Financial, Ms. Sibblies was Chief Financial Officer (2005 to 2008) and Chief Accounting Officer (2004 to 2005) of HSBC Finance Corporation, a multi-product, multi-channel consumer finance company with operations in the United States, Canada and the United Kingdom. From 2000 to 2004, Ms. Sibblies was Executive Vice President and CFO of EMC Mortgage Corporation, a Texas based, wholly-owned subsidiary of Bear Stearns Companies Inc. Ms. Sibblies began her career with Deloitte & Touche LLP, New York, in 1986.

Jennifer L. Wong has been the chief operating officer of Reddit, Inc., a community and discussion platform, since 2018, where she oversees business strategy and growth, and related teams for the company. She previously served as Time, Inc.’s president of digital and then its chief operating officer from 2016 to 2018, where she led growth strategy and digital business transformation. Prior to that, Ms. Wong held the role of chief business officer from 2011 to 2015 at Popsugar, Inc., a media and technology company, where she led business operations and the company's media and commerce businesses. Earlier in her career, Ms. Wong held several executive management roles at AOL and worked with a range of digital media and technology clients at McKinsey & Company. Ms. Wong is a member of the board of directors of IMAX Corporation and was previously on the board of directors of Group Nine Acquisition Corp.