DEERFIELD, IL, March 16, 2010 /24-7PressRelease/ -- Daniel Capozzi, Vice President of Corporate Finance for Discover Financial Services, has been recognized by Cambridge Who's Who for demonstrating dedication, leadership and excellence in the field of finance. Mr. Capozzi is a proven leader in establishing and managing effective financial planning and control functions, providing accounting close oversight, developing value-added management reporting, implementing strong risk and control processes, and leading key projects. He is a self-starter and a team player, who understands how to motivate staff, recruit new talent and develop the next generation of leaders.
In 1994, Mr. Capozzi received his Bachelor of Science in Business Administration from Northeastern University in Boston, Massachusetts. Since graduating, he has spent the last 15 years building his impressive resume with Fortune 100 companies, including IBM, Bank of America and Citigroup, prior to joining Discover. In addition to his domestic experience, he has a significant resume internationally dealing with mature and emerging markets in Latin America, Europe, Asia and Japan.
Mr. Capozzi was recruited to Discover Financial Services in the months leading up to the company's spin-off from parent company Morgan Stanley in 2007. He was highly sought after as an experienced finance executive that was capable of building out the corporate planning function, non-existent prior to the spin, and as a strong leader who could implement a line of business finance support model. Mr. Capozzi is currently an officer of the company managing an organization of over 100 employees, with responsibility for line of business support, management of business segment scorecards, short and long-term forecasting, business and deal analytics, company-wide project management and the end-to-end sourcing to payment process.
In his two short years at Discover, Mr. Capozzi has assembled a strong team of leaders, shifted the company to real-time forecasting to better support the decision making process, and positioned finance properly in the company. As a result of his efforts, Discover has greater alignment and transparency, more consistency across business areas with enhanced controls, and an increased level of reporting focused on business drivers. The established framework has strengthened finance and as a result clearly provides Discover a distinct competitive advantage.
Mr. Capozzi attributes his success to working with some of the best and brightest in business, whose mentorship can be credited with being strong influences on his development. Furthermore, he believes that he has been fortunate enough to have gained invaluable experience as he witnessed the fall of the full service consumer branch model in the U.S., industry crimpling regulatory actions in Japan and heightened regulatory oversight in 2009 on the financial services industry.
Discover Financial Services (NYSE:DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. For more information, visit http://www.discover.com.
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