SLM Corp amends change-in-control severance plan for senior officers; annual meeting results filed

SLM Corp

Board adopted Amended and Restated Change in Control Severance Plan for Senior Officers (Senior VP and above) effective June 18, 2024.
CEO multiplier set at 2.5x (salary + target bonus); other named executives (Graham, Jafarieh, Palmer, Vieira) at 2.0x; SVP at 1.5x.
Annual meeting elected all 12 director nominees; each received >194M votes for.
Advisory vote on executive compensation passed with ~194.8M for, ~6.7M against.
Ratification of KPMG as auditor for 2024 approved with ~205.9M for.

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