SLM Management
Management criteria checks 3/4
SLM's CEO is Jon Witter, appointed in Apr 2020, has a tenure of 3.42 years. total yearly compensation is $7.81M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth MX$199.55M. The average tenure of the management team and the board of directors is 3.4 years and 7.7 years respectively.
Key information
Jon Witter
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.4yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$871m |
Compensation vs Market: Jon's total compensation ($USD7.81M) is above average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
CEO
Jon Witter (53 yo)
3.4yrs
Tenure
US$7,809,136
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 | 3.4yrs | US$7.81m | 0.35% $ 199.5m | |
| Executive VP & CFO | 9.3yrs | US$2.24m | 0.13% $ 73.9m | |
| Executive VP & COO | less than a year | US$2.27m | 0.0040% $ 2.3m | |
| Executive VP & Chief Commercial Officer | 3.1yrs | US$2.10m | 0.037% $ 21.2m | |
| VP & Head of Investor Relations | no data | no data | no data | |
| Executive VP and Chief Legal | 5.5yrs | US$1.33m | 0.072% $ 40.9m | |
| Executive VP & Chief People Officer | 1.5yrs | no data | no data | |
| Executive VP | less than a year | no data | 0.030% $ 17.2m | |
| Senior VP & Controller | 9.3yrs | no data | 0.039% $ 22.1m | |
| Senior VP | 5.5yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
3.4yrs
Average Tenure
56yo
Average Age
Experienced Management: SLM *'s management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.4yrs | US$7.81m | 0.35% $ 199.5m | |
| Independent Director | 9.4yrs | US$230.01k | 0.054% $ 30.5m | |
| Independent Director | 4.4yrs | US$226.64k | 0.025% $ 14.1m | |
| Independent Director | 8.5yrs | US$225.01k | 0.035% $ 19.8m | |
| Independent Director | 1.8yrs | US$205.01k | 0.0070% $ 4.0m | |
| Independent Director | less than a year | US$11.88k | 0.0034% $ 1.9m | |
| Independent Director | 6.8yrs | US$215.84k | 0.028% $ 15.7m | |
| Independent Director | 2.5yrs | US$220.81k | 0.014% $ 7.9m | |
| Independent Director | 9.4yrs | US$235.01k | 0.038% $ 21.8m | |
| Independent Chair of the Board | 9.4yrs | US$343.34k | 0.041% $ 23.1m | |
| Independent Director | 9.4yrs | US$224.99k | 0.047% $ 27.0m | |
| Independent Director | 8.5yrs | US$219.99k | 0.039% $ 21.9m |
7.7yrs
Average Tenure
62.5yo
Average Age
Experienced Board: SLM *'s board of directors are considered experienced (7.7 years average tenure).