Navient Management
Management criteria checks 3/4
Navient's CEO is Dave Yowan, appointed in May 2023, has a tenure of less than a year. total yearly compensation is $5.38M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth $893.70K. The average tenure of the management team and the board of directors is 3.3 years and 7.1 years respectively.
Key information
Dave Yowan
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 9.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.05% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16
Feb 19
Navient Corporation's (NASDAQ:NAVI) Shares Lagging The Market But So Is The Business
Feb 04Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of $0.16
Nov 24Navient (NASDAQ:NAVI) Will Pay A Dividend Of $0.16
Aug 29Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16
Aug 15Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16
Feb 27Biden student loan forgiveness program to cost over $400B, CBO says
Sep 26Navient cut to Equal-Weight at Barclays as student loan forgiveness poses risk to earnings
Sep 09Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16
Aug 15Navient Non-GAAP EPS of $0.92 beats by $0.14, NII of $321M beats by $69.8M
Jul 26If You Like EPS Growth Then Check Out Navient (NASDAQ:NAVI) Before It's Too Late
Apr 25Navient: Information Technology Service Poised For A Comeback
Mar 10Navient (NASDAQ:NAVI) Has Re-Affirmed Its Dividend Of US$0.16
Mar 01I Ran A Stock Scan For Earnings Growth And Navient (NASDAQ:NAVI) Passed With Ease
Jan 09Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of US$0.16
Nov 26Navient Is Set To Rebound With Justified Gross Loan Decrease
Sep 26Here's Why I Think Navient (NASDAQ:NAVI) Might Deserve Your Attention Today
Sep 23Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of US$0.16
Aug 15Is Now The Time To Put Navient (NASDAQ:NAVI) On Your Watchlist?
Jun 24We Take A Look At Why Navient Corporation's (NASDAQ:NAVI) CEO Has Earned Their Pay Packet
May 13Navient Corporation (NASDAQ:NAVI) Analysts Just Slashed This Year's Revenue Estimates By 10%
May 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$5m | US$529k | US$228m |
| Sep 30 2023 | n/a | n/a | US$361m |
| Jun 30 2023 | n/a | n/a | US$387m |
| Mar 31 2023 | n/a | n/a | US$501m |
| Dec 31 2022 | US$285k | n/a | US$645m |
| Sep 30 2022 | n/a | n/a | US$529m |
| Jun 30 2022 | n/a | n/a | US$597m |
| Mar 31 2022 | n/a | n/a | US$602m |
| Dec 31 2021 | US$260k | n/a | US$717m |
| Sep 30 2021 | n/a | n/a | US$913m |
| Jun 30 2021 | n/a | n/a | US$948m |
| Mar 31 2021 | n/a | n/a | US$888m |
| Dec 31 2020 | US$245k | n/a | US$412m |
| Sep 30 2020 | n/a | n/a | US$399m |
| Jun 30 2020 | n/a | n/a | US$335m |
| Mar 31 2020 | n/a | n/a | US$363m |
| Dec 31 2019 | US$230k | n/a | US$597m |
| Sep 30 2019 | n/a | n/a | US$497m |
| Jun 30 2019 | n/a | n/a | US$466m |
| Mar 31 2019 | n/a | n/a | US$397m |
| Dec 31 2018 | US$230k | n/a | US$395m |
| Sep 30 2018 | n/a | n/a | US$239m |
| Jun 30 2018 | n/a | n/a | US$302m |
| Mar 31 2018 | n/a | n/a | US$330m |
| Dec 31 2017 | US$228k | n/a | US$292m |
Compensation vs Market: Dave's total compensation ($USD5.38M) is about average for companies of similar size in the US market ($USD5.52M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dave Yowan (66 yo)
less than a year
Tenure
US$5,379,474
Compensation
Mr. David L. Yowan, also known as Dave, is President and Chief Executive Officer at Navient Corporation since May 15, 2023 and as its Director from March 30, 2017. He has been Executive Vice President of A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$5.38m | 0.049% $ 893.7k | |
| Executive VP | 3.5yrs | US$2.26m | 0.067% $ 1.2m | |
| Executive VP and Chief Risk & Compliance Officer | 6.8yrs | US$1.53m | 0.14% $ 2.5m | |
| Chief Legal Officer | 9.2yrs | US$1.83m | 0.25% $ 4.5m | |
| Executive VP & Group President of Business Processing Solutions | 8.8yrs | US$1.90m | 0.31% $ 5.6m | |
| Senior Vice President & Chief Information Officer | 3.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| VP of Corporate Marketing & Communications and Chief of Staff to the CEO | 2.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.2yrs | no data | no data | |
| Senior VP & Chief Audit Officer | 6.8yrs | no data | no data | |
| Senior Vice President of Asset Management & Business Processing Operations | 2.3yrs | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: NAVI's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$5.38m | 0.049% $ 893.7k | |
| Independent Vice Chair of the Board of Directors | 1.9yrs | no data | no data | |
| Independent Director | 4.9yrs | US$270.09k | 0.0066% $ 119.2k | |
| Independent Director | 5.7yrs | US$260.05k | 0.063% $ 1.1m | |
| Independent Director | 9.4yrs | US$275.06k | 0.054% $ 988.9k | |
| Independent Chairman | 9.9yrs | US$410.04k | 0.14% $ 2.5m | |
| Independent Director | 9.3yrs | US$278.81k | 0.044% $ 801.4k | |
| Independent Director | 2.7yrs | US$260.08k | 0.024% $ 443.3k | |
| Independent Director | 10.1yrs | US$280.06k | 0.0056% $ 101.8k |
7.1yrs
Average Tenure
68yo
Average Age
Experienced Board: NAVI's board of directors are considered experienced (7.1 years average tenure).