Kelly McNamara Corley has been appointed senior vice president and general counsel of Discover Financial Services.
Ms. Corley, a 17-year veteran of the parent organization, Morgan Stanley Dean Witter & Co., succeeded Harvey Bock, who retired last year. Mr. Bock played a major role in the card company's legal battle with Visa U.S.A. in the mid-1990s, when Discover sought to issue Visa cards through a bank it owned. Discover ultimately lost its bid when the Supreme Court refused to hear its appeal.
Mr. Bock left to devote time to studying and teaching Hebrew, but he continues to be a consultant to Morgan Stanley in connection with the lawsuit filed by the Department of Justice against Visa and MasterCard.
Ms. Corley was previously managing director of governmental affairs. She has represented Morgan Stanley Dean Witter on such issues as financial services restructuring legislation, securities law, and bankruptcy reform. Ms. Corley said, "There are a lot of management changes here, and as a result there are some exciting opportunities for the law department to support the marketing department in developing new products."