Jason Strle, a 20-year tech vet, succeeds Amir Arooni, who spent nearly three years as the financial services company's CIO
Strle succeeds Amir Arooni, who notified Discover he would be leaving his CIO post in February, a company spokesperson said.
Discover recruited Arooni in 2020 from NN Group, where he led the company’s technology and security operations. At the time, CFO John Greene emphasized the credit and financial services company’s investments in robotic process automation and advanced analytics.
Arooni forged a product-based IT development process at Wells Fargo and implemented an internal tech academy, initiatives he detailed in a 2021 Medium post. In February, Discover launched an open source software development website.
“Arooni led his team to implement programs like the Discover Technology Academy, which allow Discover technologists to learn, network, share knowledge and upskill,” the announcement said.
Tech investments have driven revenue for Discover.
The company reported Q1 2023 net income of $1 billion during an April earnings call for the three-month period ending March 31. Hochschild characterized it as “an all-time record quarter in terms of consumer deposit inflows,” a development he attributed to customer-facing digital enhancements.
“Technology is the foundation of every element of our digital banking and payments strategy, allowing us to provide innovative solutions and a superior customer experience,” Hochschild said in Wednesday’s announcement.
Wells Fargo reconfigured its tech leadership team in April, choosing Saul Van Beurden, the San Francisco-based bank’s then head of technology, to succeed Mary Mack, who retired as CEO of Consumer and Small Business Banking.
Tracy Kerrins, then head of consumer technology at Wells Fargo, was tapped to succeed Van Beurden as the bank’s head of technology.
By Matt Ashare on July 13, 2023
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