SLM CORP (SLM)
Sector: Financials
Sector: Financials
SLM CORP - Executive Compensation
Co-President and Head of Financial Services and President of Sallie Mae Bank
Executive Compensation
Kerri A. Palmer is Co-President and Head of Financial Services and President of Sallie Mae Bank at SLM Corporation (Sallie Mae), where she oversees the company's consumer lending, deposit operations, and banking activities. In these dual roles, she drives strategic initiatives to expand the deposit franchise, enhance customer experiences, and ensure robust compliance amid evolving regulatory landscapes. Palmer plays a pivotal role in positioning Sallie Mae as a leader in education-focused financial services, leveraging her deep expertise to fuel sustainable growth and innovation. With nearly three decades in financial services, Palmer joined SLM in 2014 as Executive Vice President and Chief Risk & Compliance Officer, rising quickly through leadership positions including President of Sallie Mae Bank since 2020. Prior to SLM, she held senior roles at Discover Financial Services, Citibank, and Washington Mutual, where she specialized in risk management, regulatory compliance, and operational excellence. Her career is marked by a proven track record of navigating complex challenges, such as post-financial crisis reforms and digital transformations. Under Palmer's leadership, Sallie Mae Bank has achieved significant milestones, including substantial deposit growth exceeding $30 billion in assets and seamless integration of advanced technology for personalized lending solutions. Her strategic vision has strengthened the company's competitive edge in private student loans and banking, earning her recognition as a transformative executive committed to financial inclusion and shareholder value.