Roger Hochschild

Roger Hochschild is a prominent business executive with extensive experience in the financial services industry. He currently serves as a Board Member at Principal Financial Group, a position he has held since May 2015.14

Career Highlights

Hochschild recently retired from Discover Financial Services, where he served as President and Chief Executive Officer from 2018 to August 2023.4 Prior to that, he held the role of President and Chief Operating Officer at Discover from 2004 to 2018.4

His career at Discover began in 1998 when he joined as Chief Marketing Officer.2 Before Discover, Hochschild worked at Morgan Stanley as Chief Administrative and Strategic Officer from 2001 to 2004.3 He also held senior positions at MBNA America and worked as an associate at Booz Allen Hamilton.3

Education

Hochschild holds a bachelor's degree in economics from Georgetown University and an MBA from the Tuck School of Business at Dartmouth College.23

Board Memberships and Other Roles

In addition to his role at Principal Financial Group, Hochschild has served on several other boards:

• Director of Chicago Public Media (since 2016)4
• Board member for Metropolitan Family Services2
• Member of the Advisory Board of the Amos Tuck School of Business2
• Former board member of The Executives' Club of Chicago2

Skills and Qualifications

Hochschild brings valuable experience to the Principal Financial Group board, including:

• Executive leadership in a large publicly traded company
• Expertise in financial services, accounting, and finance
• Experience in asset and investment management
• Knowledge of retail consumer services and technology4

At Principal Financial Group, Hochschild serves as Chair of the Nominating and Governance Committee and is also a member of the Human Resources Committee.4