secwatch.observer — SEC 8-K summary
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Issuer:     SLM Corp (SLM)
CIK:        0001032033
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001628280-24-011236
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SLM Corp director Shannon Watkins resigns to avoid conflict; board reduces size, defers retirement
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- Director Shannon Watkins resigned March 11, 2024, due to accepting senior executive role at a critical vendor, avoiding conflicts.
- Board reduced size from 15 to 14 directors effective immediately upon Watkins' resignation.
- Director Robert Strong deferred his planned retirement; Board waived retirement age provision allowing re-election at 2024 annual meeting.
- Board reaffirmed reduction to 12 directors at 2024 annual meeting after Child and Keler terms end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032033/000162828024011236/0001628280-24-011236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032033/000162828024011236/slm-20240311.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-011236

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