2007

2007 Winner Profile

Discover Financial Services

  • Project Description: Discover Financial Services expanded its customer base into a mostly untapped market by developing a new system for managing small-business accounts. Small business can now open master accounts for their companies and assign cards to employees with individual spending limits as well as deactivate the cards when necessary. Spending by small-business customers using the accounts is what Discover anticipated.
  • Project type: Technology/Infrastructure
  • CIO: $model.cio100.cioFirstName Offereins, VP, Chief Administrative and Technical Officer
  • CEO: David Nelms, Chairman and CEO
  • Headquarters: Riverwoods, Ill.
  • Industry: Financial Services
  • Revenue (2006): $5.1 billion
  • Website: www.discovercard.com
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