Nelnet, Inc. (NNI)

89.62 -1.30 (-1.43%) At close: 04:00PM EDT

Nelnet, Inc.

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

Sector(s): Financial Services
Industry: Credit Services
Full Time Employees: 7,988

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael Sullivan Dunlap	Exec. Chairman	1.18M	N/A	1964
Mr. Jeffrey R. Noordhoek	Chief Exec. Officer	1.73M	N/A	1966
Mr. Timothy Alan Tewes	Pres	1.64M	N/A	1959
Mr. James D. Kruger	Chief Financial Officer	1.71M	N/A	1963
Mr. Terry J. Heimes	Chief Operating Officer	1.68M	N/A	1964
Mr. Phil Morgan	Investor Relations Contact	N/A	N/A	N/A
Mr. William J. Munn	Corp. Sec., Chief Governance Officer & Gen. Counsel	N/A	N/A	1968
Ms. Jackie Strohbehn	Pres of Nelnet Campus Commerce	N/A	N/A	N/A
Mr. Matthew W. Dunlap	Chief Bus. Devel. Officer & Director	N/A	N/A	1989

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

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community engagement, giving management, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

Corporate Governance

Nelnet, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 7. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 10; Compensation: 3.

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.