8-K
filed November 16, 2023, 6:59 PM ET
ticker SLM
CIK 0001032033
leadership
confidence high
sentiment neutral
materiality 0.45
SLM Corp appoints three new directors; three incumbents to retire in 2024
SLM Corp
- Appointed Dr. Janaki Akella (ex-Google), Christopher Leech (ex-McKinsey), Shannon Watkins (Nike) to board effective Jan 2, 2024.
- Board increased from 12 to 15 for new appointments; will revert to 12 after three incumbents leave in 2024.
- Directors Paul Child, Marianne Keler, and Robert Strong will not seek re-election in 2024; retirement/personal reasons.
- New directors receive prorated compensation but no annual equity award; no material transactions disclosed.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul G. Child departed as director at SLM Corp.
- Action
- will not stand for re-election
- Role
- director
Exact text from the filing
On November 13, 2023, Paul G. Child, Marianne M. Keler, and Robert S. Strong, each a director of the Company and the Bank, notified the Company they will not stand for re-election to the Company’s Board at the Company’s next annual meeting of stockholders to be held in 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Shannon Watkins was appointed as director at SLM Corp.
- Action
- appointed
- Role
- director
Exact text from the filing
On November 15, 2023, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins as directors of the Company, effective January 2, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Marianne M. Keler departed as director at SLM Corp.
- Action
- will not stand for re-election
- Role
- director
Exact text from the filing
On November 13, 2023, Paul G. Child, Marianne M. Keler, and Robert S. Strong, each a director of the Company and the Bank, notified the Company they will not stand for re-election to the Company’s Board at the Company’s next annual meeting of stockholders to be held in 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dr. Janaki Akella was appointed as director at SLM Corp.
- Action
- appointed
- Role
- director
Exact text from the filing
On November 15, 2023, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins as directors of the Company, effective January 2, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Christopher T. Leech was appointed as director at SLM Corp.
- Action
- appointed
- Role
- director
Exact text from the filing
On November 15, 2023, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins as directors of the Company, effective January 2, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert S. Strong departed as director at SLM Corp.
- Action
- will not stand for re-election
- Role
- director
Exact text from the filing
On November 13, 2023, Paul G. Child, Marianne M. Keler, and Robert S. Strong, each a director of the Company and the Bank, notified the Company they will not stand for re-election to the Company’s Board at the Company’s next annual meeting of stockholders to be held in 2024.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.