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Navient Corporation (NAVI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.20-0.18 (-1.10%)
At close: 04:00PM EST
15.86 -0.34 (-2.10%)
After hours: 04:13PM EST
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Navient Corporation

123 Justison Street
Wilmington, DE 19801
United States
302 283 8000
https://www.navient.com

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees4,330

Key Executives

NameTitlePayExercisedYear Born
Mr. John F. RemondiPres, CEO & Director2.88M2.21M1963
Mr. Joe Fisher C.F.A.Exec. VP, CFO & Principal Accounting Officer1.02MN/A1981
Mr. Stephen M. HauberExec. VP and Chief Risk & Compliance Officer1.02M320.26k1975
Mr. Mark L. HeleenChief Legal Officer, Sec. & Exec. VP1.16M149.44k1963
Mr. John M. KaneExec. VP & Group Pres of Bus. Processing Solutions1.34M721.71k1969
Mr. Mike MaierSr. VP & Chief Information OfficerN/AN/AN/A
Ms. Jen EaryesHead of Investor RelationsN/AN/AN/A
Paul HartwickVP of Corp. CommunicationsN/AN/AN/A
Ms. Patricia Nash ChristelVP of Corp. Marketing & Communications and Chief of Staff to the CEON/AN/AN/A
Mr. Mike SmithSr. VP & Chief HR OfficerN/AN/AN/A
Amounts are as of December 31, 2021 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.

Description

Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels 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 and asset recovery services on its own loan portfolio, as well as asset recovery services on FFELP loans owned by other institutions. It also owns, originates, acquires, and services refinance and in-school private education loans; and offers healthcare services that include revenue cycle outsourcing, accounts receivable management, extended business office support, consulting engagement, and public health programs, as well as business processing services to state governments, agencies, court systems, municipalities, and parking and tolling authorities. In addition, the company provides customizable solutions for its clients that include hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments; and corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.

Corporate Governance

Navient Corporation’s ISS Governance QualityScore as of November 28, 2022 is 2. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 5; 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 a 10 indicates higher governance risk.
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