In 2023, Jack Remondi earned $7.15M in total compensation at Navient, primarily from $388.46K salary. Led Navient as CEO for 8 years.
Compensation History
Annual executive compensation data for Jack Remondi, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$7.15M
Salary
$388.46K
Bonus
$0.00
Other
$6.77M
Salary
$388.46KBoard Justification
Navient's compensation philosophy emphasizes alignment with shareholder interests and performance-based pay.
Bonus
$0.00Board Justification
No annual bonus was awarded for 2023 due to termination without cause.
Other Compensation
$6.77MBoard Justification
Severance payment received upon termination, which includes a cash payment of $6,235,903 as per the Executive Severance Plan.
Restricted Stock
Board Justification
No stock awards vested in 2023 as he was terminated before any vesting could occur.
Performance Metrics
Performance metrics included Adjusted Diluted Core Earnings Per Share, Business Processing EBITDA, Private Education Loan Gross Defaults, and Adjusted Core Earnings Efficiency Ratio.
Jack Remondi
Ex-CEO of Navient
Education
Bachelor's degree in finance from the University of Delaware.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1968 - 57 years ago
CEO of Navient for
8 years 4 months (Jan 2015 - May 2023)
Previous Experience
President and CEO of Navient Corporation since 2015; held various leadership roles in financial services.
Other Navient CEOs
Holdings
Track Jack Remondi's stock holdings and portfolio value over time.
Insider Trading
Jack Remondi's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Jack Remondi with competitor CEOs and industry peers.
Timothy S. Crane
CEO of Wintrust Financial
2023 Compensation
Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Brian Doubles
CEO of Synchrony Financial
2023 Compensation
Stock
$0.00
Salary
$1.15M
Bonus
$3.87M
Other
$613.41K
Total Holdings
$42.94M
Kerri A. Palmer
CEO of SLM
2023 Compensation
Stock
$0.00
Salary
$566.50K
Bonus
$0.00
Other
$35.92K
Total Holdings
$5.08M