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Nelnet, Inc. (NNI)

NYSE - NYSE Delayed Price. Currency in USD
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89.62-1.30 (-1.43%)
At close: 04:00PM EDT
89.62 +0.03 (+0.03%)
After hours: 04:00PM EDT
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Nelnet, Inc.

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

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees7,988

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael Sullivan DunlapExec. Chairman1.18MN/A1964
Mr. Jeffrey R. NoordhoekChief Exec. Officer1.73MN/A1966
Mr. Timothy Alan TewesPres1.64MN/A1959
Mr. James D. KrugerChief Financial Officer1.71MN/A1963
Mr. Terry J. HeimesChief Operating Officer1.68MN/A1964
Mr. Phil MorganInvestor Relations ContactN/AN/AN/A
Mr. William J. MunnCorp. Sec., Chief Governance Officer & Gen. CounselN/AN/A1968
Ms. Jackie StrohbehnPres of Nelnet Campus CommerceN/AN/AN/A
Mr. Matthew W. DunlapChief Bus. Devel. Officer & DirectorN/AN/A1989
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.
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