Hope Mehlman, chief legal officer of Discover. Courtesy photo Discover CLO Hope Mehlman Slows Down Exit in Exchange for Millions
Discover agreed to let Mehlman, who joined Discover in January 2023, keep her entire $3.4 million signing bonus and to pay her as much as $1 million more to stay aboard until Nov. 29.
September 09, 2024 at 08:33 AM
6 minute read
Mergers and Acquisitions
The original version of this story was published on Corporate Counsel
Discover Financial Services dangled millions of dollars in December 2022 to coax Hope Mehlman aboard as chief legal officer. Now, it's done the same to persuade Mehlman, who put in notice Aug. 30 that she is leaving for a new job, to stick around an additional three months.
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