secwatch / observer

SLM Corp — fact timeline

Source-grounded facts extracted from SLM Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SLM SLM Corp JSON
Shareholder Votes

SLM Corp shareholders approved Ratification of the Appointment of KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-16 meeting.

“Proposal 3 – Ratification of the Appointment of KPMG LLP . The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. For Against Abstain Broker Non-Votes 177,679,238 1,027,672 178,920”
Shareholder Votes

SLM Corp shareholders approved Advisory Vote on Executive Compensation at the 2026-06-16 meeting.

“Proposal 2 – Advisory Vote on Executive Compensation. The Company’s stockholders approved, by an advisory vote, the compensation of its named executive officers. For Against Abstain Broker Non-Votes 170,670,199 935,936 147,872 7,131,823”
Shareholder Votes

SLM Corp shareholders approved Election of 13 directors for a one-year term at the 2026-06-16 meeting.

“Proposal 1 – Election of Directors. The Company’s stockholders elected the following 13 directors, each for a one-year term, to serve until their successors have been duly elected or appointed. For Against Abstain Broker Non-Votes Janaki Akella 163,005,066 8,635,493 113,448 7,131,823 R. Scott Blackley 171,316,912 322,872 114,223 7,131,823 Mary Carter Warren Franke 170,207,121 1,428,200 118,686 7,131,823 Daniel Greenstein 171,310,860 330,607 112,540 7,131,823 Henry F. Greig 171,319,278 321,341 113,388 7,131,823 Mark L. Lavelle 170,407,798 1,233,673 112,536 7,131,823 Christopher T. Leech 171,308,247 333,210 112,550 7,131,823 Ted Manvitz 171,309,412 330,953 113,642 7,131,823 Jim Matheson 164,941,960 6,693,275 118,772 7,131,823 Gary Millerchip 171,317,365 323,463 113,179 7,131,823 Vivian C. Schneck-Last 170,309,431 1,325,629 118,947 7,131,823 Jonathan W. Witter 171,306,613 333,370 114,024 7,131,823 Kirsten O. Wolberg 170,692,848 927,053 134,106 7,131,823”
Material Agreements

SLM Corp entered into Supplemental Indenture with Deutsche Bank National Trust Company valued at $500,000,000 aggregate principal amount (effective 2026-05-15).

“On May 15, 2026, SLM Corporation (the “Company”) closed an offering of $500,000,000 aggregate principal amount of 6.495% Fixed-to-Floating Rate Senior Notes due 2032 (the “Notes”) issued by the Company (the “Offering”).”
Earnings Releases

SLM Corp reported the quarter ended March 31, 2026 results: EPS $1.54. Guidance raised.

“$1.54 GAAP Diluted Earnings Per Common Share 5% Private Education Loan Originations Growth from Year-Ago Quarter $89M Net Charge-Offs $171M Non-Interest Expenses “Our first quarter results underscore the strength and durability of our strategy and franchise.”
Material Agreements

SLM Corp entered into Agreement with Goldman Sachs & Co. LLC valued at $200 million (effective 2026-03-09).

“On March 9, 2026, SLM Corporation (the “Company”) entered into an accelerated share repurchase agreement with Goldman Sachs & Co. LLC ("Goldman Sachs") under which the Company will purchase $200 million of its own outstanding common stock, par value $0.20 per share (the "Common Stock").”

Robert S. Strong departed as Director at SLM Corp.

“On April 21, 2025, Robert S. Strong, a director of the Company and the Bank, notified the Company he will retire from the Company’s Board on June 17, 2025, the date of the Company’s next annual meeting of stockholders.”

Gary Millerchip was appointed as Director at SLM Corp.

“On April 23, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as directors of the Company, effective April 23, 2025.”

Daniel Greenstein was appointed as Director at SLM Corp.

“On April 23, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as directors of the Company, effective April 23, 2025.”

Henry F. Greig was appointed as director at SLM Corp.

“On January 12, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Henry F. Greig as a director of the Company, effective January 12, 2025.”

Samuel T. Ramsey resigned as Director at SLM Corp.

“On September 3, 2024, Samuel T. Ramsey, a member of the Board of Directors (the “Board”) of SLM Corporation (the “Company”), notified the Company of his decision to resign as a director of the Company effective immediately.”
Earnings Releases

SLM Corp reported the quarter ended March 31, 2024 results: net income $285M GAAP Net Income attributable to common stock in Q1 2024, EPS $1.27 GAAP Diluted Earnings Per Common Share. Guidance reaffirmed.

“On April 24, 2024, SLM Corporation (the “Company”) reported its financial results for the quarter ended March 31, 2024.”

Peter M. Graham was appointed as principal accounting officer at SLM Corp.

“on April 11, 2024, the Company’s Board of Directors appointed Peter M. Graham, the Company’s current Executive Vice President and Chief Financial Officer, as the Company’s principal accounting officer, effective immediately.”

Jonathan R. Boyles departed as other_named_officer at SLM Corp.

“Jonathan R. Boyles informed the Company that he intends to retire on July 1, 2024.”

Jonathan R. Boyles departed as Senior Vice President and Controller and Principal Accounting Officer at SLM Corp.

“On March 27, 2024, Jonathan R. Boyles, Senior Vice President and Controller and the Principal Accounting Officer of SLM Corporation (the “Company”) announced he will retire from the Company on July 1, 2024.”

Shannon Watkins resigned as Director at SLM Corp.

“On March 11, 2024, Shannon Watkins, a member of the Board of Directors (the “Board”) of SLM Corporation (the “Company”), notified the Company of her decision to resign as a director of the Company effective immediately.”
Earnings Releases

SLM Corp reported quarter ended December 31, 2023 results: net income GAAP net income of $168 million.

“Fourth-Quarter 2022 Highlights Core Business Strategy Results: • GAAP net income of $168 million, up 319%. • Net interest income of $386 million, up 1%.”
Earnings Releases

SLM Corp reported quarter and year ended December 31, 2023 results: net income GAAP Net Income Attributable to Common Stock of $164 Million, $0.72 Per Diluted Share; Full-Year 2023 GAAP Net Income At, EPS GAAP Net Income Attributable to Common Stock of $164 Million, $0.72 Per Diluted Share; Full-Year 2023 GAAP Net Income At.

“SALLIE MAE REPORTS FOURTH-QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS Fourth-Quarter GAAP Net Income Attributable to Common Stock of $164 Million, $0.72 Per Diluted Share; Full-Year 2023 GAAP Net Income Attributable to Common Stock of $564 Million, $2.41 Per Diluted Share”

Robert S. Strong departed as director at SLM Corp.

“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.”

Marianne M. Keler departed as director at SLM Corp.

“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.”

Paul G. Child departed as director at SLM Corp.

“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.”

Shannon Watkins was appointed as director at SLM Corp.

“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.”

Christopher T. Leech was appointed as director at SLM Corp.

“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.”

Dr. Janaki Akella was appointed as director at SLM Corp.

“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.”
Earnings Releases

SLM Corp reported quarter ended September 30, 2023 results: net income $25 Million, EPS $0.11 Per Diluted Share. Guidance reaffirmed.

“Third-Quarter GAAP Net Income Attributable to Common Stock of $25 Million, or $0.11 Per Diluted Share”

Steven J. McGarry changed role as Executive Vice President at SLM Corp.

“Steven J. McGarry, will no longer serve as Chief Financial Officer, effective as of October 27, 2023. As of October 27, 2023, Mr. McGarry's new title will be Executive Vice President, SLM Corporation”

Peter M. Graham was appointed as Chief Financial Officer at SLM Corp.

“On August 25, 2023, the Board of Directors (the “Board”) of SLM Corporation (the “Registrant”) approved the appointment of Peter M. Graham, age 57, as the Registrant’s Chief Financial Officer, effective as of October 27, 2023.”
Earnings Releases

SLM Corp reported second-quarter 2023 results: net income $265 million, EPS $1.10 per diluted share.

“Sallie Mae Reports Second-Quarter 2023 Financial Results Second-Quarter GAAP Net Income Attributable to Common Stock of $261 Million, or $1.10 Per Diluted Share”
Shareholder Votes

SLM Corp shareholders approved Ratification of the Appointment of KPMG LLP at the 2023-06-20 meeting.

“Proposal 4 – Ratification of the Appointment of KPMG LLP . The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. For Against Abstain Broker Non-Votes 216,431,894 887,657 83,657 —”
Shareholder Votes

SLM Corp shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-06-20 meeting.

“Proposal 3 – Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation. The Company’s stockholders selected 1 year as the preferred frequency for future advisory votes on executive compensation. 1 year 2 years 3 years Abstain 201,073,755 64,612 8,092,062 72,347”
Shareholder Votes

SLM Corp shareholders approved Advisory Vote on Executive Compensation at the 2023-06-20 meeting.

“Proposal 2 – Advisory Vote on Executive Compensation. The Company’s stockholders approved, by an advisory vote, the compensation of its named executive officers. For Against Abstain Broker Non-Votes 205,390,630 3,817,704 94,442 8,100,432”
Shareholder Votes

SLM Corp shareholders approved Election of Directors at the 2023-06-20 meeting.

“Proposal 1 – Election of Directors. The Company’s stockholders elected the following 12 directors to hold office until the 2024 Annual Meeting of Stockholders and until their successors have been duly elected or appointed. For Against Abstain Broker Non-Votes R. Scott Blackley 207,786,587 1,448,519 67,670 8,100,432 Paul G. Child 207,549,824 1,685,166 67,786 8,100,432 Mary Carter Warren Franke 203,076,149 6,158,059 68,568 8,100,432 Marianne M. Keler 201,517,302 7,717,801 67,673 8,100,432 Mark L. Lavelle 206,554,595 2,679,570 68,611 8,100,432 Ted Manvitz 206,666,803 2,531,960 104,013 8,100,432 Jim Matheson 204,293,362 4,939,824 69,590 8,100,432 Samuel T. Ramsey 207,756,490 1,477,695 68,591 8,100,432 Vivian C. Schneck-Last 204,249,640 4,949,347 103,789 8,100,432 Robert S. Strong 207,514,726 1,684,248 103,802 8,100,432 Jonathan W. Witter 207,710,557 1,480,197 112,022 8,100,432 Kirsten O. Wolberg 206,663,407 2,535,580 103,789 8,100,432”
Earnings Releases

SLM Corp reported 2023 results: EPS Full-year diluted non-GAAP "Core Earnings" per common share of $2.50 - $2.70.**. Guidance initiated.

“For 2023, the company expects the following: • Full-year diluted non-GAAP "Core Earnings" per common share of $2.50 - $2.70.**”
Earnings Releases

SLM Corp reported first-quarter 2023 results: net income GAAP Net Income Attributable to Common Stock of $114 Million, or $0.47 Per Diluted Share, EPS $0.47 Per Diluted Share.

“Sallie Mae Reports First-Quarter 2023 Financial Results First-Quarter GAAP Net Income Attributable to Common Stock of $114 Million, or $0.47 Per Diluted Share”

Steven J. McGarry departed as Chief Financial Officer at SLM Corp.

“Mr. McGarry will retire as Chief Financial Officer and resign as an employee of the Company on the Effective Date.”
Earnings Releases

SLM Corp reported the quarter and year ended December 31, 2022 results: net income GAAP Net Loss Attributable to Common Stock of $81 Million, $0.33 Loss Per Share; Full-Year 2022 GAAP Net Income Attribut, EPS $0.33 Loss Per Share; $1.76 Per Diluted Share.

“On February 1, 2023, SLM Corporation issued a press release announcing its financial results for the quarter and year ended December 31, 2022.”

Daniel P. Kennedy changed role as Executive Vice President at SLM Corp.

“Mr. Kennedy's new title is Executive Vice President, SLM Corporation.”

Kerri A. Palmer departed as Chief Risk Officer at SLM Corp.

“she has ceased serving as Chief Risk Officer of SLM Corporation and Sallie Mae Bank.”

Kerri A. Palmer was appointed as Executive Vice President and Chief Operational Officer at SLM Corp.

“On January 9, 2023, the Board of Directors of SLM Corporation approved the appointment of Kerri A. Palmer, age 52, as SLM Corporation’s Executive Vice President and Chief Operational Officer, effective as of January 9, 2023.”

R. Scott Blackley was appointed as Director at SLM Corp.

“appointed R. Scott Blackley as a director of the Company, effective immediately.”

Frank C. Puleo departed as Director at SLM Corp.

“On April 11, 2022, Frank C. Puleo, a director of SLM Corporation (the “Company”), notified the Company that he will not stand for re-election to the Company’s Board of Directors (the “Board”) at the Company’s next annual meeting of stockholders to be held on June 21, 2022.”

William N. Shiebler departed as director at SLM Corp.

“On November 13, 2021, William N. Shiebler, a director of SLM Corporation (the “Company”), notified the Company that he will retire from the Company’s Board of Directors (the “Board”) effective immediately.”

Samuel T. Ramsey was appointed as director at SLM Corp.

“On November 4, 2021, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Samuel T. Ramsey as a director of the Company, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.