お知らせ • Apr 26
SLM Corporation Announces Directors Changes
On April 23, 2025, the Board of Directors of SLM Corporation appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as directors of the Company, effective April 23, 2025. Dr. Greenstein and Mr. Millerchip have also been appointed to the board of directors of Sallie Mae Bank (the “Bank”), the Company’s Utah industrial bank subsidiary, effective April 23, 2025. In connection therewith, the Board also determined Dr. Greenstein and Mr. Millerchip to be independent and increased the number of Board seats from twelve to fourteen, effective April 23, 2025. Dr. Greenstein and Mr. Millerchip have not been appointed to any of the Board’s committees at this time. Dr. Greenstein joins the Board with decades of experience in higher education strategy, innovation and transformation. He currently serves as Managing Director, Higher Education, at Baker Tilly (US), a position he has held since November 2024. Before joining Baker Tilly (US), Dr. Greenstein worked as the Chancellor of the Pennsylvania State System of Higher Education from 2018 to October 2024 overseeing Pennsylvania’s public university system to improve outcomes and operational efficiency. He previously served as Director, US Programs – Education, Postsecondary Success, for the Bill & Melinda Gates Foundation from 2012 to 2018 where he led the strategy to reduce attainment gaps in US colleges, and enhance higher education access, affordability, and outcomes. Dr. Greenstein holds a Bachelor of Arts degree and a Master of Arts degree from the University of Pennsylvania and a Doctor of Philosophy degree in Social Studies from Oxford University. Mr. Millerchip joins the Board with extensive experience in finance and retail banking as well as corporate strategy and leadership. He currently serves as Executive Vice President and Chief Financial Officer at Costco Wholesale Corporation (“Costco”), a position he has held since March 2024. Before joining Costco, Mr. Millerchip worked at The Kroger Co. (“Kroger”) from 2008 to February 2024 holding various positions of increasing responsibility, culminating as Senior Vice President and Chief Financial Officer from 2019 to February 2024, where he presided over the financial affairs of Kroger and represented Kroger to the external financial community. Prior to serving as Senior Vice President and Chief Financial Officer at Kroger, he served as Chief Executive Officer, Kroger Personal Finance and Corporate Strategy and Integration Lead from 2014 to 2019, as well as Chief Executive Officer, Kroger Personal Finance, from 2008 to 2014. Before joining Kroger, Mr. Millerchip held various leadership positions across retail banking, branch operations, sales and marketing, and finance at Royal Bank of Scotland from 1997 to 2008. Mr. Millerchip holds a Bachelor of Arts degree from Birmingham City University and a Post Graduate degree in Business from the University of Warwick. On April 21, 2025, Robert S. Strong, a director of the Company and the Bank, notified the Company he will retire from the Company’s Board on June 17, 2025, the date of the Company’s next annual meeting of stockholders. Mr. Strong will continue to serve as a director of the Company and the Bank as well as the Chair of the Financial Risk Committee and a member of the Operational and Compliance Risk Committee of the Board of the Company and the Bank until such meeting. In connection with Mr. Strong’s decision to retire from the Board, the Board adopted a resolution on April 23, 2025 decreasing the size of the Board from fourteen directors to thirteen directors, effective as of the end of Mr. Strong’s term.