SLM Corp CFO Pfaff Secures New Compensation Package
Ticker: SLMBP · Form: 8-K · Filed: Mar 28, 2024 · CIK: 1032033
| Field | Detail |
|---|---|
| Company | Slm Corp (SLMBP) |
| Form Type | 8-K |
| Filed Date | Mar 28, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: SLM
TL;DR
Sallie Mae CFO got a new pay deal, effective today.
AI Summary
SLM Corp announced on March 27, 2024, changes in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Financial Officer, Christopher L. Pfaff, effective March 27, 2024. This agreement outlines his new base salary, potential bonus opportunities, and equity awards.
Why It Matters
Changes in executive compensation can signal management's confidence in future performance or reflect adjustments to retain key talent during strategic shifts.
Risk Assessment
Risk Level: low — The filing details routine executive compensation adjustments, which typically carry low immediate risk.
Key Players & Entities
- SLM Corp (company) — Registrant
- Christopher L. Pfaff (person) — Chief Financial Officer
- March 27, 2024 (date) — Effective date of employment agreement
FAQ
What is the effective date of the new employment agreement for the CFO?
The new employment agreement for Christopher L. Pfaff is effective March 27, 2024.
Who is the Chief Financial Officer of SLM Corp?
Christopher L. Pfaff is the Chief Financial Officer of SLM Corp.
What type of filing is this for SLM Corp?
This is a Form 8-K filing for SLM Corp.
In which state is SLM Corp incorporated?
SLM Corp is incorporated in Delaware.
What is the principal executive office address for SLM Corp?
The principal executive office address for SLM Corp is 300 Continental Drive, Newark, Delaware 19713.
Filing Stats: 424 words · 2 min read · ~1 pages · Grade level 12.8 · Accepted 2024-03-28 16:30:44
Filing Documents
- slm-20240327.htm (8-K) — 26KB
- 0001628280-24-013630.txt ( ) — 206KB
- slm-20240327.xsd (EX-101.SCH) — 2KB
- slm-20240327_def.xml (EX-101.DEF) — 19KB
- slm-20240327_lab.xml (EX-101.LAB) — 33KB
- slm-20240327_pre.xml (EX-101.PRE) — 19KB
- slm-20240327_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SLM CORPORATION Date: March 28, 2024 By: /s/ NICOLAS JAFARIEH Nicolas Jafarieh Executive Vice President and Chief Legal, Government Affairs, and Communications Officer