SLM CORP (SLM)
Sector: Financials
Sector: Financials
SLM CORP - Executive Compensation
Chief Executive Officer
Executive Compensation
Jonathan W. Witter serves as Chief Executive Officer of SLM Corporation, commonly known as Sallie Mae, a leading provider of education financing solutions in the United States. With over three decades of experience in financial services, Witter joined SLM in 2014 as Executive Vice President and Chief Revenue Officer, quickly rising to President in 2015 before assuming the CEO role in January 2018. Prior to SLM, he held senior leadership positions at Discover Financial Services, including President of Discover Bank and head of its direct banking division, where he oversaw consumer banking, credit cards, and personal loans. His earlier career included key roles at HSBC North America and Citibank, where he honed his expertise in consumer lending, risk management, and strategic growth. Under Witter's leadership, SLM has solidified its position as a premier private student loan originator, emphasizing high-quality underwriting, customer-centric products, and technological innovation. He spearheaded the company's successful navigation through regulatory changes and market shifts following its 2014 spin-off from Navient, driving record origination volumes, improved profitability, and enhanced shareholder returns. Notable achievements include expanding Sallie Mae's portfolio of refinancing and rewards-based student loans, launching digital tools for borrowers, and achieving consistent revenue growth amid a competitive landscape. As CEO, Witter continues to champion accessible education financing while prioritizing financial inclusion, operational excellence, and sustainable growth. His strategic vision has positioned SLM for long-term success, earning him recognition as a transformative leader in the education finance sector. Witter holds a bachelor's degree from the University of Virginia and serves on various industry boards, further amplifying his influence in shaping the future of student lending.