SLM Management
Management criteria checks 2/4
SLM's CEO is Jon Witter, appointed in Apr 2020, has a tenure of 4.83 years. total yearly compensation is $9.40M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth €24.89M. The average tenure of the management team and the board of directors is 3.7 years and 5.3 years respectively.
Key information
Jon Witter
Chief executive officer
US$9.4m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.7yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$590m |
| Sep 30 2024 | n/a | n/a | US$647m |
| Jun 30 2024 | n/a | n/a | US$721m |
| Mar 31 2024 | n/a | n/a | US$735m |
| Dec 31 2023 | US$9m | US$1m | US$564m |
| Sep 30 2023 | n/a | n/a | US$319m |
| Jun 30 2023 | n/a | n/a | US$367m |
| Mar 31 2023 | n/a | n/a | US$447m |
| Dec 31 2022 | US$8m | US$1m | US$460m |
| Sep 30 2022 | n/a | n/a | US$846m |
| Jun 30 2022 | n/a | n/a | US$845m |
| Mar 31 2022 | n/a | n/a | US$643m |
| Dec 31 2021 | US$7m | US$950k | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$11m | US$658k | US$871m |
Compensation vs Market: Jon's total compensation ($USD9.40M) is above average for companies of similar size in the German market ($USD3.16M).
Compensation vs Earnings: Jon's compensation has increased by more than 20% in the past year.
CEO
Jon Witter (54 yo)
4.8yrs
Tenure
US$9,399,485
Compensation
Mr. Jonathan W. Witter, also known as Jon, serves as Chief Executive Officer and Director at SLM Corporation since April 20, 2020. He serves as Chief Executive Officer and Director at Sallie Mae Bank since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.8yrs | US$9.40m | 0.44% € 24.9m | |
| Executive VP & CFO | 1.3yrs | US$1.76m | 0.0080% € 453.8k | |
| Executive VP & COO | 2.1yrs | US$4.02m | 0.028% € 1.6m | |
| Executive VP and Chief Legal | 6.9yrs | US$2.20m | 0.087% € 4.9m | |
| Executive VP & Chief Commercial Officer | 4.5yrs | US$2.50m | 0.039% € 2.2m | |
| VP & Head of Investor Relations | no data | no data | no data | |
| Executive VP & Chief People Officer | 2.9yrs | no data | no data | |
| Executive VP | 1.6yrs | no data | 0.035% € 2.0m | |
| Executive VP & Chief Audit Officer | no data | no data | no data | |
| Senior VP | 6.9yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
3.7yrs
Average Tenure
54yo
Average Age
Experienced Management: SM1's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.8yrs | US$9.40m | 0.44% € 24.9m | |
| Independent Director | 5.8yrs | US$230.82k | 0.034% € 1.9m | |
| Independent Director | 9.9yrs | US$225.01k | 0.041% € 2.3m | |
| Independent Director | 2.3yrs | US$219.98k | 0.016% € 918.9k | |
| Independent Director | 8.3yrs | US$217.93k | 0.034% € 1.9m | |
| Independent Director | 3.9yrs | US$222.90k | 0.022% € 1.3m | |
| Director | less than a year | no data | no data | |
| Independent Chair of the Board | 10.8yrs | US$342.93k | 0.047% € 2.7m | |
| Independent Director | 10.8yrs | US$225.01k | 0.021% € 1.2m | |
| Independent Director | 9.9yrs | US$220.01k | 0.046% € 2.6m | |
| Independent Director | 1.1yrs | no data | 0.0034% € 190.3k | |
| Independent Director | 1.1yrs | no data | 0.0034% € 190.3k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: SM1's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 05:10 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SLM Corporation is covered by 31 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| James Fotheringham | BMO Capital Markets Equity Research |