Jennifer Wong (L) and Mary K. Bush (R) are non-white male, heterosexual members of the Discover Financial Services Board of Directors | Linkedin
Jennifer Wong (L) and Mary K. Bush (R) are non-white male, heterosexual members of the Discover Financial Services Board of Directors | Linkedin
Discover Financial Services of Riverwoods has one declared Asian homosexual and two blacks on its corporate board of directors.
That's according to the company's mandated "Female and Minority Directors Report," filed with the Illinois Secretary of State.
The filing, for which the company paid a $25 filing fee, requires all publicly-listed companies with principal executive offices in Illinois to report on the "self-identified gender and self-identified sexual orientation of each member of the (company) board of directors" as well as "the race or ethnicity" of each member.
"Gender" is a euphemism for the immutable, biological sex of a human being.
Discover's filing reported that, of its 13 board members, four are women and nine are men.
Of the 13, ten indicate they were heterosexual, two "elected not to disclose" and one-- Jennifer L. Wong-- reported that she was a homosexual.
Wong is the COO of Reddit.
Two of the 13-- Mary K. Bush and David L. Rawlinson-- disclosed to the state that they are black.
One of the 13-- Wong-- reported she is Asian.
Discover's other board members as of the date of the filing were Thomas G. Maheras, Jeffrey S. Aronin, Gregory C. Case, Candace H. Duncan, Joseph F. Eazor, Cynthia A. Glassman, Roger C. Hochchild, Michael H. Moskow, John B. Owen and Mark A. Thierer.
The filing requirement is the result of Illinois House Bill 3394, signed into law by Governor J.B. Pritzker in 2019, which took effect on Jan. 1, 2021.
The bill's "findings and purpose" section says that the General Assembly "finds that women and (racial) minorities are still largely underrepresented nationally in positions of corporate authority... versus their white male counterparts."
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