Navient Corporation (NAVI)

16.10 -0.16 (-0.98%) At close: 04:00PM EDT

Navient Corporation

13865 Sunrise Valley Drive
Herndon, VA 20171
United States
703 810 3000
https://www.navient.com

Sector(s): Financial Services
Industry: Credit Services
Full-time employees: 4,500

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David L. Yowan	President, CEO & Director	1.58M	N/A	1957
Mr. Joe Fisher C.F.A.	Executive VP, CFO & Principal Accounting Officer	1.13M	N/A	1981
Mr. Stephen M. Hauber	Executive VP and Chief Risk & Compliance Officer	946.26k	320.85k	1975
Mr. Mark L. Heleen	Chief Legal Officer, Secretary & Executive VP	1M	450.87k	1963
Mr. John M. Kane	Executive VP & Group President of Business Processing Solutions	825.93k	424.63k	1969
Mr. Mike Maier	Senior Vice President & Chief Information Officer	N/A	N/A	N/A
Ms. Jen Earyes	Head of Investor Relations	N/A	N/A	N/A
Paul Hartwick	Vice President of Corporate Communications	N/A	N/A	N/A
Ms. Patricia Nash Christel	VP of Corporate Marketing & Communications and Chief of Staff to the CEO	N/A	N/A	N/A
Mr. Mike Smith	Senior VP & Chief Human Resources Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Navient Corporation provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions. It also owns, originates, and services refinance and in-school private education loans; and offers business processing solutions, such as omnichannel contact center, workflow processing, and revenue cycle optimization services to federal agencies, state governments, tolling and parking authorities, other public sector clients, as well as hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments. In addition, the company provides corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Herndon, Virginia.

Corporate governance

Navient Corporation’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.