In 2020, John (Jack) F. Remondi earned $11.11M in total compensation at SLM, including $657.69K salary, $1.62M bonus and $8.82M in stock. Most recently acquired 2,832 shares in May 2024. Currently holds stock worth $66.31M. Has donated $5.12M in stock to charitable causes. Led SLM as CEO for 6 years.
Compensation History
Annual executive compensation data for John (Jack) F. Remondi, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$11.11M
Salary
$657.69K
Bonus
$1.62M
Other
$0.00
Salary
$657.69KBoard Justification
The compensation program is designed to align executive compensation with performance metrics that drive stockholder value, focusing on both short-term and long-term performance.
Bonus
$1.62MBoard Justification
Annual bonus amounts for 2020 were determined based on corporate and individual performance components, with a target bonus as a percentage of base salary set at 150%.
Other Compensation
$0.00Board Justification
Restricted Stock
Board Justification
The stock awards consist of RSUs and PSUs granted in connection with the 2020 LTIP, with the total value calculated based on the grant date fair value.
Performance Metrics
Core Net Operating Income, Private Education Loan Originations, Operating Expenses, Gross Private Education Loan Defaults, Weighted Average Origination FICO Score, Customer Ease.
John (Jack) F. Remondi
Ex-CEO of SLM
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1962 - 63 years ago
CEO of SLM for
6 years 10 months (May 2013 - Apr 2020)
Previous Experience
President and COO of SLM Corporation, Vice Chairman and CFO of SLM Corporation
Holdings
Track John (Jack) F. Remondi's stock holdings and portfolio value over time.
Charitable Transactions
145,000 shares
NAVI
107,723 shares
SLM
Recent Charitable Transactions
60,000 shares
NAVI
Dec 21, 2022
Charity
85,000 shares
NAVI
Dec 28, 2016
Charity
38,500 shares
SLM
Dec 20, 2013
Charity
Insider Trading
John (Jack) F. Remondi's recent stock transactions, purchases, and sales filed with the SEC.
2,832 shares
CUBE
May 21, 2024
Received
2,601 shares
CUBE
May 16, 2023
Received
269,642 shares
NAVI
Feb 4, 2023
Received
60,000 shares
NAVI
Dec 21, 2022
Charity
2,032 shares
CUBE
May 17, 2022
Received
327,159 shares
NAVI
Feb 4, 2022
Received
2,452 shares
CUBE
May 11, 2021
Received
415,979 shares
NAVI
Feb 4, 2021
Received
$390.93K
NAVI at $7.82/share
Jul 31, 2020
Purchase
3,899 shares
CUBE
May 12, 2020
Received
Rivals
Compare John (Jack) F. 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
David L. Yowan
CEO of Navient
2023 Compensation
Stock
$1.60M
Salary
$800.00K
Bonus
$729.83K
Other
$6.26K
Total Holdings
$15.24M
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