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    The First Marblehead Corporation (FMD)

    6.05 Up 0.16(2.72%) Mar 27, 4:00PM EDT
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    The First Marblehead Corporation
    The Prudential Tower
    34th Floor
    Boston, MA 02199
    United States - Map
    Phone: 800-895-4283
    Website: http://www.firstmarblehead.com

    Index Membership:N/A
    Industry:Credit Services
    Full Time Employees:280

    Business Summary 

    The First Marblehead Corporation, a specialty finance company, together with its subsidiaries, focuses on the education financing marketplace in the United States. The company provides loan programs on behalf of its lender clients for undergraduate and graduate students, as well as for college graduates seeking to refinance private education loan obligations. It also offers outsourced tuition planning, tuition billing, refund management, and payment technology services. In addition, the company designs and administers education loan programs through its Monogram platform that are designed to be marketed through educational institutions or to borrowers and their families directly, as well as to generate portfolios intended to be held by the originating lender or financed in the capital markets. Further, it offers other services, which comprise loan origination, portfolio management, and securitization services; retail banking products, including residential and commercial mortgages, time deposits, and money market demand accounts; analytical and structuring services; and loan processing and disbursement services to approximately 300 credit union and other lender clients. The company was founded in 1991 and is headquartered in Boston, Massachusetts.

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    Corporate Governance 
    The First Marblehead Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 8. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 4; Compensation: 9.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Daniel Maxwell Meyers , 52
    Co-Founder, Chairman, Chief Exec. Officer and Member of Award Committee
    Mr. Seth Gelber , 36
    Pres, Managing Director, Chief Operating Officer and Director
    Mr. Barry Heneghan , 41
    Managing Director of Bus. Devel. and Product Strategy
    Mr. William P. Baumer , 54
    Chief Risk Officer and Managing Director
    Mr. Richard B. Neely ,
    Managing Director of Fin.
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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