Company Description
Navient Corporation provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States.
It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing.
The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions.
It also owns, originates, and services refinance and in-school private education loans; and offers business processing solutions, such as omnichannel contact center, workflow processing, and revenue cycle optimization services to federal agencies, state governments, tolling and parking authorities, other public sector clients, as well as hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments.
In addition, the company provides corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Herndon, Virginia.
| Country | United States |
| Founded | 1973 |
| Industry | Credit Services |
| Sector | Financials |
| Employees | 4,500 |
| CEO | David L. Yowan |
Contact Details
Address: 13865 Sunrise Valley Drive Herndon, Virginia 20171 United States | |
| Phone | 703-810-3000 |
| Website | navient.com |
Stock Details
| Ticker Symbol | NAVI |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001593538 |
| CUSIP Number | 63938C108 |
| ISIN Number | US63938C1080 |
| Employer ID | 46-4054283 |
| SIC Code | 6211 |
Key Executives
| Name | Position |
|---|---|
| David L. Yowan | President, Chief Executive Officer and Director |
| Joe Fisher C.F.A. | Executive Vice President, Chief Financial Officer and Principal Accounting Officer |
| Stephen M. Hauber | Executive Vice President and Chief Risk and Compliance Officer |
| Mark L. Heleen | Chief Legal Officer, Secretary and Executive Vice President |
| John M. Kane | Executive Vice President and Group President of Business Processing Solutions |
| Mike Maier | Senior Vice President and Chief Information Officer |
| Jen Earyes | Head of Investor Relations |
| Paul Hartwick | Vice President of Corporate Communications |
| Patricia Nash Christel | Vice President of Corporate Marketing and Communications and Chief of Staff to the Chief Executive Officer |
| Mike Smith | Senior Vice President and Chief Human Resources Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 17, 2024 | DEFR14A | Filing |
| Apr 16, 2024 | 8-K | Current Report |
| Apr 11, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 11, 2024 | DEF 14A | Other definitive proxy statements |
| Apr 10, 2024 | ARS | Filing |
| Feb 28, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Feb 26, 2024 | 10-K | Annual Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 31, 2024 | 144 | Filing |