SLM Corp Announces Board Changes and Officer Compensation Details
Ticker: SLMBP · Form: 8-K · Filed: Apr 15, 2024 · CIK: 1032033
| Field | Detail |
|---|---|
| Company | Slm Corp (SLMBP) |
| Form Type | 8-K |
| Filed Date | Apr 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation
TL;DR
SLM Corp's board is changing, with new directors coming on board and exec pay details being disclosed.
AI Summary
SLM Corp announced on April 11, 2024, the departure of director Robert L. Reinheimer and the appointment of new directors, including David L. Johnson and David A. R. Rees. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this excerpt.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy or governance, while details on officer compensation are crucial for understanding executive incentives and potential future costs.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can impact investor confidence and signal potential strategic shifts.
Key Players & Entities
- SLM Corp (company) — Registrant
- Robert L. Reinheimer (person) — Departing Director
- David L. Johnson (person) — Appointed Director
- David A. R. Rees (person) — Appointed Director
FAQ
Who has departed from SLM Corp's board of directors?
Robert L. Reinheimer has departed from SLM Corp's board of directors as of April 11, 2024.
Who are the newly appointed directors at SLM Corp?
David L. Johnson and David A. R. Rees are among the newly appointed directors at SLM Corp.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is April 11, 2024.
What is SLM Corp's state of incorporation?
SLM Corp is incorporated in Delaware.
What is the primary business of SLM Corp according to its SIC code?
According to its SIC code [6141], SLM Corp is in the Personal Credit Institutions industry.
Filing Stats: 512 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-04-15 16:30:30
Filing Documents
- slm-20240411.htm (8-K) — 27KB
- 0001628280-24-016228.txt ( ) — 207KB
- slm-20240411.xsd (EX-101.SCH) — 2KB
- slm-20240411_def.xml (EX-101.DEF) — 19KB
- slm-20240411_lab.xml (EX-101.LAB) — 33KB
- slm-20240411_pre.xml (EX-101.PRE) — 19KB
- slm-20240411_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: April 15, 2024 By: /s/ NICOLAS JAFARIEH Nicolas Jafarieh Executive Vice President and Chief Legal, Government Affairs, and Communications Officer