Nelnet, Inc. (NNI)

76.73 -0.09 (-0.12%) At close: 4:00PM EDT

Nelnet, Inc.

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

Sector(s): Financial Services
Industry: Credit Services
Full Time Employees: 6,199

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael Sullivan Dunlap	Exec. Chairman	1.51M	N/A	1964
Mr. Jeffrey R. Noordhoek	Chief Exec. Officer	1.57M	N/A	1966
Mr. Timothy Alan Tewes	Pres	1.46M	N/A	1959
Mr. James D. Kruger	Chief Financial Officer	1.49M	N/A	1963
Mr. Terry J. Heimes	Chief Operating Officer	1.64M	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

Amounts are as of December 31, 2020 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, and education technology, services, and payment processing businesses worldwide. The company's Loan Servicing and Systems 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 student loan portfolio and third-party clients. 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; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; and telephone services comprise local and long distance telephone, hostedPBX, and other services. Its Asset Generation and Management segment acquires, manages, and owns loan assets. It 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 June 1, 2021 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.