Pulse names EVP of product management

Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management. 

Schroeder, the former executive vice president of operations, will focus on growing Discover Debit and focus on growing Pulse's capabilities.

"Through Jennifer's more than six years at Pulse, and 20 years at Discover, she has succeeded in creating best-in-class client service organizations," Dave Schneider, president of Pulse. "We look forward to her ongoing contributions to PULSE's success as she leads our product strategy."

Schroeder succeeds Judith McGuire, who took on a new executive role at Discover. 

Pulse also promoted Jim Lerdal to executive vice president, operations, succeeding Schroeder. Lerdal had been vice president, fraud operations and compliance. In that role he led the enhancement of the company's DebitProtect fraud-detection service and helped implement an anomaly detection program.