SLM Corp. Announces Board and Executive Compensation Changes
Ticker: SLMBP · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1032033
| Field | Detail |
|---|---|
| Company | Slm Corp (SLMBP) |
| Form Type | 8-K |
| Filed Date | Sep 6, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: SLM
TL;DR
SLM Corp. shuffled its board and exec pay. Big changes coming?
AI Summary
SLM Corp. announced on September 3, 2024, changes in its board of directors and executive compensation. Specifically, the company elected new directors and appointed certain officers, alongside adjustments to their compensatory arrangements. The filing details these changes as part of its regular corporate governance updates.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and board positions can sometimes precede significant strategic shifts or indicate internal challenges.
Key Players & Entities
- SLM Corp. (company) — Registrant
- September 3, 2024 (date) — Date of earliest event reported
- Delaware (location) — State of incorporation
- 300 Continental Drive Newark, Delaware 19713 (address) — Principal executive office address
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of new directors and the appointment of certain officers, but the specific names and details of these changes are not provided in this excerpt.
What are the details of the compensatory arrangements for the newly appointed officers?
The filing mentions adjustments to compensatory arrangements for certain officers, but the specific details of these arrangements are not included in this summary.
When did these changes become effective?
The earliest event reported is dated September 3, 2024, and the date as of change is also September 3, 2024.
What is SLM Corp.'s primary business?
SLM Corp. is identified as a Personal Credit Institution with Standard Industrial Classification code 6141.
What is the filing number for SLM Corp.?
The SEC file number for SLM Corp. is 001-13251.
Filing Stats: 536 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-09-06 16:30:31
Filing Documents
- slm-20240903.htm (8-K) — 26KB
- 0001628280-24-039706.txt ( ) — 206KB
- slm-20240903.xsd (EX-101.SCH) — 2KB
- slm-20240903_def.xml (EX-101.DEF) — 19KB
- slm-20240903_lab.xml (EX-101.LAB) — 33KB
- slm-20240903_pre.xml (EX-101.PRE) — 19KB
- slm-20240903_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: September 6, 2024 By: /s/ Nicolas Jafarieh Nicolas Jafarieh Executive Vice President and Chief Legal, Government Affairs, and Communications Officer