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 percentage | 36.6% |
CEO tenure | 10.2yrs |
CEO ownership | 1.5% |
Management average tenure | 10.2yrs |
Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Some 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 14Nelnet declares $0.22 dividend
May 10You Have To Love Nelnet, Inc.'s (NYSE:NNI) Dividend
May 05Should Income Investors Look At Nelnet, Inc. (NYSE:NNI) Before Its Ex-Dividend?
Feb 21Nelnet declares $0.22 dividend
Jan 29Key Things To Consider Before Buying Nelnet, Inc. (NYSE:NNI) For Its Dividend
Jan 11Shareholders Are Thrilled That The Nelnet (NYSE:NNI) Share Price Increased 115%
Dec 16Income Investors Should Know That Nelnet, Inc. (NYSE:NNI) Goes Ex-Dividend Soon
Nov 25Nelnet Is A Buy: An Asymmetric Risk/Reward Opportunity
Nov 17Nelnet increases dividend by ~10%
Nov 05CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | US$92m |
Sep 30 2023 | n/a | n/a | US$131m |
Jun 30 2023 | n/a | n/a | US$190m |
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$173m |
Compensation vs Market: Jeff's total compensation ($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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 28.2yrs | US$1.25m | 24.31% $ 840.3m | |
Chief Executive Officer | 10.2yrs | US$2.22m | 1.49% $ 51.6m | |
President | 10.2yrs | US$2.19m | 0.22% $ 7.5m | |
Chief Financial Officer | 10.2yrs | US$2.26m | 0.54% $ 18.6m | |
Chief Operating Officer | 10.2yrs | US$2.24m | 0.66% $ 22.7m | |
Chief Business Development Officer & Director | 2yrs | US$205.17k | 0.036% $ 1.3m | |
Investor Relations Contact | no data | no data | no data | |
Corporate Secretary | 17.5yrs | US$534.16k | 0.044% $ 1.5m | |
President of Nelnet Campus Commerce | 3.6yrs | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 28.2yrs | US$1.25m | 24.31% $ 840.3m | |
Chief Business Development Officer & Director | 2yrs | US$205.17k | 0.036% $ 1.3m | |
Independent Director | 16.4yrs | US$239.01k | 0% $ 0 | |
Independent Lead Director | 20.6yrs | US$245.55k | 0.052% $ 1.8m | |
Independent Director | 16.4yrs | US$230.57k | 0.050% $ 1.7m | |
Independent Director | 9.8yrs | US$219.01k | 0.072% $ 2.5m | |
Independent Director | 5.3yrs | US$257.82k | 0.042% $ 1.5m | |
Independent Director | 2yrs | US$256.24k | 0% $ 0 | |
Independent Director | 2yrs | US$256.24k | 0.0014% $ 49.4k |
9.8yrs
Average Tenure
58yo
Average Age
Experienced Board: NNI's board of directors are considered experienced (9.8 years average tenure).