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David W. Nelms (born 1961) is an American businessman and the former CEO of Discover Financial.
David W. Nelms | |
|---|---|
| Born | 1961 (age 62–63) |
| Nationality | American |
| Alma mater | University of Florida Harvard University |
| Years active | 1991–Present |
| Employer | Discover Financial |
| Known for | CEO of Discover Financial (98–18) |
| Title | Chairman |
| Term | 2009– |
| Spouse |
Daryl Nelms (m. 1981) |
David Nelms grew up in St. Petersburg, Florida and graduated from the University of Florida with a degree in mechanical engineering. Nelms went on to study at Harvard Business School and graduated with his MBA in 1987.[1]
David Nelms was the Chief Executive Officer of Discover Financial from 2004 – September 30, 2018. Nelms was named chairman of the board in 2009 and as of October 1, 2018, was the Executive Chair of the board of directors.[2][3] He joined Discover as president and COO in 1998.[3] From 1991-1998, Nelms served as an executive for MBNA. From 1990 to 1991, he worked for Progressive Insurance as a senior product manager.[4][5][6] From 1986 to 1990, he was a management consultant at Bain & Company.[6] Before attending Harvard Business School, Nelms was an assembly line supervisor at General Electric.[7]
Nelms served on the Board of Directors for the Federal Reserve Bank of Chicago as chair of the board of directors from 2018 until 2020.[8]
As of 2022, he serves as the non-executive chair of the board of directors of the CDW Corporation.[9]
Nelms and his wife, Daryl Nelms, married in 1981. They have three sons.[1][10]
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