Nelnet Management

Management criteria checks 4/4

Nelnet's CEO is Jeff Noordhoek, appointed in Jan 2014, has a tenure of 10.17 years. total yearly compensation is $2.22M, comprised of 36.6% salary and 63.4% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth $51.58M. The average tenure of the management team and the board of directors is 10.2 years and 9.8 years respectively.

Key information

Jeff Noordhoek

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage36.6%
CEO tenure10.2yrs
CEO ownership1.5%
Management average tenure10.2yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E

Jan 04
Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E

Nelnet: The Compounding Conglomerate

Dec 22

Nelnet: Broad Exposure Leaves Unappealing Valuation

Aug 25

Nelnet declares $0.26 dividend

Feb 02

Nelnet to reduce workforce by 560 associates in its Diversified Services division

Jan 18

Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26

Nov 24
Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26

Nelnet Non-GAAP EPS of $1.73 misses by $0.02

Nov 07

Federal judge to rule on lawsuit seeking to overturn student loan forgiveness plan

Oct 12

Nelnet goes ex-dividend tomorrow

Aug 30

Nelnet Q2 Non-GAAP EPS, net interest income down Y/Y

Aug 08

Nelnet acquires solar construction firm, GRNE Solutions

Jul 05

Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Mar 30
Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Student Loan Servicing - Nelnet Is The Big Man On Campus

Jan 07

Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24

Nov 26
Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24

If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late

Nov 24
If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late

Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Aug 02
Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon

May 14
Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon

Nelnet declares $0.22 dividend

May 10

You Have To Love Nelnet, Inc.'s (NYSE:NNI) Dividend

May 05
You Have To Love Nelnet, Inc.'s (NYSE:NNI) Dividend

Should Income Investors Look At Nelnet, Inc. (NYSE:NNI) Before Its Ex-Dividend?

Feb 21
Should Income Investors Look At Nelnet, Inc. (NYSE:NNI) Before Its Ex-Dividend?

Nelnet declares $0.22 dividend

Jan 29

Key Things To Consider Before Buying Nelnet, Inc. (NYSE:NNI) For Its Dividend

Jan 11
Key Things To Consider Before Buying Nelnet, Inc. (NYSE:NNI) For Its Dividend

Shareholders Are Thrilled That The Nelnet (NYSE:NNI) Share Price Increased 115%

Dec 16
Shareholders Are Thrilled That The Nelnet (NYSE:NNI) Share Price Increased 115%

Income Investors Should Know That Nelnet, Inc. (NYSE:NNI) Goes Ex-Dividend Soon

Nov 25
Income Investors Should Know That Nelnet, Inc. (NYSE:NNI) Goes Ex-Dividend Soon

Nelnet Is A Buy: An Asymmetric Risk/Reward Opportunity

Nov 17

Nelnet increases dividend by ~10%

Nov 05

CEO Compensation Analysis

How has Jeff Noordhoek's remuneration changed compared to Nelnet's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$92m

Sep 30 2023n/an/a

US$131m

Jun 30 2023n/an/a

US$190m

Mar 31 2023n/an/a

US$247m

Dec 31 2022US$2mUS$814k

US$407m

Sep 30 2022n/an/a

US$509m

Jun 30 2022n/an/a

US$458m

Mar 31 2022n/an/a

US$456m

Dec 31 2021US$3mUS$783k

US$393m

Sep 30 2021n/an/a

US$496m

Jun 30 2021n/an/a

US$514m

Mar 31 2021n/an/a

US$517m

Dec 31 2020US$2mUS$760k

US$352m

Sep 30 2020n/an/a

US$160m

Jun 30 2020n/an/a

US$122m

Mar 31 2020n/an/a

US$60m

Dec 31 2019US$2mUS$738k

US$142m

Sep 30 2019n/an/a

US$121m

Jun 30 2019n/an/a

US$131m

Mar 31 2019n/an/a

US$156m

Dec 31 2018US$2mUS$716k

US$228m

Sep 30 2018n/an/a

US$254m

Jun 30 2018n/an/a

US$258m

Mar 31 2018n/an/a

US$237m

Dec 31 2017US$2mUS$695k

US$173m

Compensation vs Market: Jeff's total compensation ($USD2.22M) is below average for companies of similar size in the US market ($USD6.35M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


CEO

Jeff Noordhoek (57 yo)

10.2yrs

Tenure

US$2,224,882

Compensation

Mr. Jeffrey R. Noordhoek, also known as Jeff, is an Independent Director at Federal Home Loan Bank of Topeka since July 1, 2020. He has been the Chief Executive Officer at Nelnet, Inc., since January 1, 20...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Dunlap
Executive Chairman of the Board28.2yrsUS$1.25m24.31%
$ 840.3m
Jeffrey Noordhoek
Chief Executive Officer10.2yrsUS$2.22m1.49%
$ 51.6m
Timothy Tewes
President10.2yrsUS$2.19m0.22%
$ 7.5m
James Kruger
Chief Financial Officer10.2yrsUS$2.26m0.54%
$ 18.6m
Terry Heimes
Chief Operating Officer10.2yrsUS$2.24m0.66%
$ 22.7m
Matthew Dunlap
Chief Business Development Officer & Director2yrsUS$205.17k0.036%
$ 1.3m
Phil Morgan
Investor Relations Contactno datano datano data
William Munn
Corporate Secretary17.5yrsUS$534.16k0.044%
$ 1.5m
Jackie Strohbehn
President of Nelnet Campus Commerce3.6yrsno datano data

10.2yrs

Average Tenure

59yo

Average Age

Experienced Management: NNI's management team is seasoned and experienced (10.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Dunlap
Executive Chairman of the Board28.2yrsUS$1.25m24.31%
$ 840.3m
Matthew Dunlap
Chief Business Development Officer & Director2yrsUS$205.17k0.036%
$ 1.3m
Kimberly Rath
Independent Director16.4yrsUS$239.01k0%
$ 0
Thomas Henning
Independent Lead Director20.6yrsUS$245.55k0.052%
$ 1.8m
Kathleen Farrell
Independent Director16.4yrsUS$230.57k0.050%
$ 1.7m
David Graff
Independent Director9.8yrsUS$219.01k0.072%
$ 2.5m
Preeta Bansal
Independent Director5.3yrsUS$257.82k0.042%
$ 1.5m
Adam Peterson
Independent Director2yrsUS$256.24k0%
$ 0
Jona Van Deun
Independent Director2yrsUS$256.24k0.0014%
$ 49.4k

9.8yrs

Average Tenure

58yo

Average Age

Experienced Board: NNI's board of directors are considered experienced (9.8 years average tenure).


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