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Nelnet, Inc. (NNI)

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48.70+0.19 (+0.39%)
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Nelnet, Inc.

121 South 13th Street
Suite 100
Lincoln, NE 68508
United States
402-458-2370
http://www.nelnet.net

SectorFinancial
IndustryCredit Services
Full Time Employees3,700

Key Executives

NameTitlePayExercisedAge
Mr. Michael S. DunlapExec. Chairman1.09MN/A53
Mr. Jeffrey R. NoordhoekChief Exec. Officer1.53MN/A51
Mr. Timothy A. TewesPres1.18MN/A58
Mr. James D. KrugerChief Financial Officer1.18MN/A54
Mr. Terry J. HeimesChief Operating Officer1.46MN/A52
Amounts are as of December 31, 2016 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

Nelnet, Inc. provides education related products and services, and student loan asset management services in the United States and internationally. The company’s Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for the company’s student loan portfolio and for third-party clients. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and contact center solutions, as well as licenses student loan servicing software to third-party student loan holders and servicers. Its Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs at various levels; school information system software; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. It also serves K-12 schools, higher education institutions, and colleges and universities. The company’s Communications segment provides Internet access, data connectivity, Internet protocol television video, video on demand, and high-definition television services, as well as digital video recorders to residential and business subscribers; and local calling and long-distance telephone services. This segment offers its services through direct marketing, call centers, communication centers, and sales representatives, as well as through its Website. Its Asset Generation and Management segment engages in the acquisition, management, and ownership of the company’s student loan assets. The company also provides investment advisory services. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

Corporate Governance

Nelnet, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 8; 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.