Nelnet Management
Management criteria checks 4/4
Nelnet's CEO is Jeff Noordhoek, appointed in Jan 2014, has a tenure of 10.83 years. total yearly compensation is $1.89M, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 1.52% of the company’s shares, worth $60.43M. The average tenure of the management team and the board of directors is 10.8 years and 10.5 years respectively.
Key information
Jeff Noordhoek
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 45.2% |
| CEO tenure | 10.8yrs |
| CEO ownership | 1.5% |
| Management average tenure | 10.8yrs |
| Board average tenure | 10.5yrs |
Recent management updates
Recent updates
Nelnet's (NYSE:NNI) Dividend Will Be $0.28
Nov 11
Investors Appear Satisfied With Nelnet, Inc.'s (NYSE:NNI) Prospects
Oct 17Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value
Sep 19Why Investors Shouldn't Be Surprised By Nelnet, Inc.'s (NYSE:NNI) P/E
Jul 03Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns
May 10Nelnet: An Appealing Valuation Emerges After A Challenging 2023
May 04Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E
Jan 04Nelnet: The Compounding Conglomerate
Dec 22Nelnet: Broad Exposure Leaves Unappealing Valuation
Aug 25Nelnet declares $0.26 dividend
Feb 02Nelnet to reduce workforce by 560 associates in its Diversified Services division
Jan 18Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26
Nov 24Nelnet Non-GAAP EPS of $1.73 misses by $0.02
Nov 07Federal judge to rule on lawsuit seeking to overturn student loan forgiveness plan
Oct 12Nelnet goes ex-dividend tomorrow
Aug 30Nelnet Q2 Non-GAAP EPS, net interest income down Y/Y
Aug 08Nelnet acquires solar construction firm, GRNE Solutions
Jul 05Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?
Mar 30Student Loan Servicing - Nelnet Is The Big Man On Campus
Jan 07Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24
Nov 26If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late
Nov 24Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?
Aug 02Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon
May 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$115m |
| Jun 30 2024 | n/a | n/a | US$157m |
| Mar 31 2024 | n/a | n/a | US$138m |
| Dec 31 2023 | US$2m | US$855k | US$92m |
| Sep 30 2023 | n/a | n/a | US$129m |
| Jun 30 2023 | n/a | n/a | US$189m |
| Mar 31 2023 | n/a | n/a | US$247m |
| Dec 31 2022 | US$2m | US$814k | US$407m |
| Sep 30 2022 | n/a | n/a | US$509m |
| Jun 30 2022 | n/a | n/a | US$458m |
| Mar 31 2022 | n/a | n/a | US$456m |
| Dec 31 2021 | US$3m | US$783k | US$393m |
| Sep 30 2021 | n/a | n/a | US$496m |
| Jun 30 2021 | n/a | n/a | US$514m |
| Mar 31 2021 | n/a | n/a | US$517m |
| Dec 31 2020 | US$2m | US$760k | US$352m |
| Sep 30 2020 | n/a | n/a | US$160m |
| Jun 30 2020 | n/a | n/a | US$122m |
| Mar 31 2020 | n/a | n/a | US$60m |
| Dec 31 2019 | US$2m | US$738k | US$142m |
| Sep 30 2019 | n/a | n/a | US$121m |
| Jun 30 2019 | n/a | n/a | US$131m |
| Mar 31 2019 | n/a | n/a | US$156m |
| Dec 31 2018 | US$2m | US$716k | US$228m |
| Sep 30 2018 | n/a | n/a | US$254m |
| Jun 30 2018 | n/a | n/a | US$258m |
| Mar 31 2018 | n/a | n/a | US$237m |
| Dec 31 2017 | US$2m | US$695k | US$173m |
Compensation vs Market: Jeff's total compensation ($USD1.89M) is below average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Noordhoek (58 yo)
10.8yrs
Tenure
US$1,892,169
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 10.8yrs | US$1.89m | 1.52% $ 60.4m | |
| President | 10.8yrs | US$1.87m | 0.22% $ 8.9m | |
| Chief Financial Officer | 10.8yrs | US$1.85m | 0.52% $ 20.7m | |
| Chief Operating Officer | 10.8yrs | US$1.88m | 0.67% $ 26.6m | |
| Chief Business Development Officer | 2.7yrs | US$950.69k | 0.037% $ 1.5m | |
| Executive Chairman of the Board | 28.8yrs | US$1.25m | 24.71% $ 980.6m | |
| Investor Relations Contact | no data | no data | no data | |
| Corporate Secretary | 18.2yrs | US$534.16k | 0.039% $ 1.6m | |
| Chief People Services Officer | less than a year | no data | 0.010% $ 409.9k | |
| President of Nelnet Campus Commerce | 4.3yrs | no data | no data | |
| President of Nelnet Business Services | no data | no data | 0.063% $ 2.5m |
10.8yrs
Average Tenure
60yo
Average Age
Experienced Management: NNI's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Business Development Officer | 2.7yrs | US$950.69k | 0.037% $ 1.5m | |
| Executive Chairman of the Board | 28.8yrs | US$1.25m | 24.71% $ 980.6m | |
| Independent Director | 17.1yrs | US$214.00k | no data | |
| Independent Lead Director | 21.3yrs | US$243.53k | 0.053% $ 2.1m | |
| Independent Director | 17.1yrs | US$225.77k | 0.053% $ 2.1m | |
| Independent Director | 10.5yrs | US$217.00k | 0.079% $ 3.1m | |
| Independent Director | 6yrs | US$257.77k | 0.046% $ 1.8m | |
| Independent Director | 2.7yrs | US$256.77k | no data | |
| Independent Director | 2.7yrs | US$244.77k | 0.0030% $ 117.4k |
10.5yrs
Average Tenure
59yo
Average Age
Experienced Board: NNI's board of directors are seasoned and experienced ( 10.5 years average tenure).