Navient Corporation

NasdaqGS:NAVI Stock Report

Market Cap: US$1.7b

Navient Management

Management criteria checks 2/4

Navient's CEO is Dave Yowan, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is $5.38M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $9.13M. The average tenure of the management team and the board of directors is 0.8 years and 7 years respectively.

Key information

Dave Yowan

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage9.8%
CEO tenure1.5yrs
CEO ownership0.5%
Management average tenureless than a year
Board average tenure7yrs

Recent management updates

Recent updates

Navient Corporation's (NASDAQ:NAVI) Prospects Need A Boost To Lift Shares

Oct 24
Navient Corporation's (NASDAQ:NAVI) Prospects Need A Boost To Lift Shares

Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16

Aug 18
Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16

Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16

May 28
Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16

Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16

Feb 19
Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16

Navient Corporation's (NASDAQ:NAVI) Shares Lagging The Market But So Is The Business

Feb 04
Navient Corporation's (NASDAQ:NAVI) Shares Lagging The Market But So Is The Business

Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of $0.16

Nov 24
Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of $0.16

Navient (NASDAQ:NAVI) Will Pay A Dividend Of $0.16

Aug 29
Navient (NASDAQ:NAVI) Will Pay A Dividend Of $0.16

Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16

Aug 15
Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16

Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16

Feb 27
Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16

Biden student loan forgiveness program to cost over $400B, CBO says

Sep 26

Navient cut to Equal-Weight at Barclays as student loan forgiveness poses risk to earnings

Sep 09

Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16

Aug 15
Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16

Navient Non-GAAP EPS of $0.92 beats by $0.14, NII of $321M beats by $69.8M

Jul 26

If You Like EPS Growth Then Check Out Navient (NASDAQ:NAVI) Before It's Too Late

Apr 25
If You Like EPS Growth Then Check Out Navient (NASDAQ:NAVI) Before It's Too Late

Navient: Information Technology Service Poised For A Comeback

Mar 10

Navient (NASDAQ:NAVI) Has Re-Affirmed Its Dividend Of US$0.16

Mar 01
Navient (NASDAQ:NAVI) Has Re-Affirmed Its Dividend Of US$0.16

CEO Compensation Analysis

How has Dave Yowan's remuneration changed compared to Navient's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$79m

Jun 30 2024n/an/a

US$160m

Mar 31 2024n/an/a

US$190m

Dec 31 2023US$5mUS$529k

US$228m

Sep 30 2023n/an/a

US$361m

Jun 30 2023n/an/a

US$387m

Mar 31 2023n/an/a

US$501m

Dec 31 2022US$285kn/a

US$645m

Sep 30 2022n/an/a

US$529m

Jun 30 2022n/an/a

US$597m

Mar 31 2022n/an/a

US$602m

Dec 31 2021US$260kn/a

US$717m

Sep 30 2021n/an/a

US$913m

Jun 30 2021n/an/a

US$948m

Mar 31 2021n/an/a

US$888m

Dec 31 2020US$245kn/a

US$412m

Sep 30 2020n/an/a

US$399m

Jun 30 2020n/an/a

US$335m

Mar 31 2020n/an/a

US$363m

Dec 31 2019US$230kn/a

US$597m

Sep 30 2019n/an/a

US$497m

Jun 30 2019n/an/a

US$466m

Mar 31 2019n/an/a

US$397m

Dec 31 2018US$230kn/a

US$395m

Sep 30 2018n/an/a

US$239m

Jun 30 2018n/an/a

US$302m

Mar 31 2018n/an/a

US$330m

Dec 31 2017US$228kn/a

US$292m

Compensation vs Market: Dave's total compensation ($USD5.38M) is about average for companies of similar size in the US market ($USD5.54M).

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 (67 yo)

1.5yrs

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

NamePositionTenureCompensationOwnership
David Yowan
President1.5yrsUS$5.38m0.55%
$ 9.1m
Joe Fisher
Executive VP4.1yrsUS$2.26m0.070%
$ 1.2m
Stephen Hauber
Executive VP & Chief Administrative Officerless than a yearUS$1.53m0.24%
$ 4.0m
John Kane
Executive VP & Group President of Business Processing Solutions9.4yrsUS$1.90m0.32%
$ 5.4m
Troy Standish
COO & Executive VPless than a yearno data0.12%
$ 2.0m
Jen Earyes
Head of Investor Relationsno datano datano data
Matthew Sheldon
Senior VP & General Counselless than a yearno datano data
Paul Hartwick
Vice President of Corporate Communicationsno datano datano data
Shanee Ben-Zur
Chief Marketing Officer of Earnestless than a yearno datano data
Judah Holland
Senior Vice President of Strategic Initiativesless than a yearno datano data
Deanna Coloe
VP & Chief Audit Officerless than a yearno datano data
Robert Crawford
Senior VP & Controllerno datano datano data

0.8yrs

Average Tenure

54yo

Average Age

Experienced Management: NAVI's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
David Yowan
President7.7yrsUS$5.38m0.55%
$ 9.1m
Edward Bramson
Independent Vice Chair of the Board of Directors2.5yrsno datano data
Larry Klane
Independent Director5.5yrsUS$280.06k0.0068%
$ 114.3k
Frederick Arnold
Independent Director6.3yrsUS$260.05k0.065%
$ 1.1m
Linda Mills
Independent Chairman10.5yrsUS$410.04k0.14%
$ 2.4m
Anna Cabral
Independent Director9.9yrsUS$278.81k0.046%
$ 768.0k
Michael Lawson
Independent Director3.3yrsUS$260.05k0.025%
$ 424.8k
Jane Thompson
Independent Director10.7yrsUS$280.06k0.0058%
$ 97.5k

7.0yrs

Average Tenure

69.5yo

Average Age

Experienced Board: NAVI's board of directors are considered experienced (7 years average tenure).