SLM · SLM Corp

$25.34 -0.26 (-1.02%) At close · Jul 17

Market Cap

$4.78B

Shares

188,582,790

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
PETER M	CFO	$580,000	—	$1,899,393	—	$826,500	$43,754	$3,349,647
KERRI A	PALMER Co-President and Head of Financial Services and President of Sallie Mae Bank	$566,500	—	$1,450,944	—	$807,262	$46,950	$2,871,656
DONNA F	VIEIRA Former Executive Vice President and Chief Commercial Officer NICOLAS JAFARIEH Executive Vice President and Chief Legal, Government Affairs, and Communications Officer	$535,545	—	$1,319,028	—	$763,152	$42,500	$2,660,225

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
PETER M	CFO	$580,000	—	$1,352,664	—	$1,392,000	$7,277	$3,331,941
KERRI A	PALMER Co-President and Head of Financial Services and President of Sallie Mae Bank	$566,500	—	$1,043,973	—	$1,572,038	$48,443	$3,230,954
DONNA F	VIEIRA Former Executive Vice President and Chief Commercial Officer NICOLAS JAFARIEH Executive Vice President and Chief Legal, Government Affairs, and Communications Officer	$535,545	—	$1,005,777	—	$1,238,448	$42,250	$2,822,020

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jonathan Witter	CEO	$1,100,000	—	$5,789,457	—	$2,475,000	$35,028	$9,399,485
Kerri A. Palmer	• Executive Vice President and Chief Risk and Compliance Officer, SLM Corporation—January 2021 to present • Senior Vice President, Risk Management, Capital One—2013 to January 2021; Managing Vice President and Business Chief Risk Officer, Auto Finance and Mortgage, Capital One —2008 to 2013; 50	$566,500	—	$2,265,984	—	$1,147,162	$35,916	$4,015,562
KERRI A	PALMER Co-President and Head of Financial Services and President of Sallie Mae Bank	$566,500	—	$2,265,984	—	$1,147,162	$35,916	$4,015,562
Steven J. McGarry	CFO	$670,519	—	$834,276	—	$1,242,150	$33,412	$2,780,357
DONNA F	VIEIRA Former Executive Vice President and Chief Commercial Officer NICOLAS JAFARIEH Executive Vice President and Chief Legal, Government Affairs, and Communications Officer	$506,844	—	$999,411	—	$956,330	$33,482	$2,496,067
Peter M. Graham	CFO	$156,154	$460,000	$849,991	—	$290,000	$0	$1,756,145
PETER M	CFO	$156,154	$460,000	$849,991	—	$290,000	$0	$1,756,145

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jonathan Witter	CEO	$1,076,923	—	$5,373,654	—	$1,320,000	$38,559	$7,809,136
Kerri A. Palmer	• Executive Vice President and Chief Risk and Compliance Officer, SLM Corporation—January 2021 to present • Senior Vice President, Risk Management, Capital One—2013 to January 2021; Managing Vice President and Business Chief Risk Officer, Auto Finance and Mortgage, Capital One —2008 to 2013; 50	$563,962	—	$752,314	—	$920,563	$29,450	$2,266,289
Steven J. McGarry	CFO	$512,692	—	$967,257	—	$733,875	$29,450	$2,243,274
Daniel P. Kennedy	Former Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank Donna F. Vieira^^ Executive Vice President and Chief Commercial Officer	$487,058	—	$967,257	—	$489,250	$25,000	$1,968,565

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jonathan Witter	CEO	$950,000	—	$2,223,345	$2,000,000	$1,809,750	$63,967	$7,047,062
Steven J. McGarry	CFO	$500,000	—	$500,241	$449,997	$900,000	$29,450	$2,379,688
Kerri A. Palmer	• Executive Vice President and Chief Risk and Compliance Officer, SLM Corporation—January 2021 to present • Senior Vice President, Risk Management, Capital One—2013 to January 2021; Managing Vice President and Business Chief Risk Officer, Auto Finance and Mortgage, Capital One —2008 to 2013; 50	$516,154	—	$389,074	$349,997	$800,000	$4,450	$2,059,675
Daniel P. Kennedy	Former Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank Donna F. Vieira^^ Executive Vice President and Chief Commercial Officer	$472,116	—	$389,074	$349,997	$700,000	$27,177	$1,938,364
Donna F. Vieira	• Executive Vice President and Chief Marketing Officer, SLM Corporation—January 2019 to present • Chief Marketing Officer, Consumer Banking and Wealth Management, JPMorgan Chase—May 2014 to October 2018 • Chief Marketing Officer, Chase Business Banking, JPMorgan Chase—April 2011 to May 2014 • Senior Vice President, Relationship Manager, Dun & Bradstreet—March 2010 to April 2011 • Senior Vice President, General Manager Small Business Products, Dun & Bradstreet—July 2008 to March 2010; 55	$472,116	—	$389,074	$349,997	$655,000	$25,000	$1,891,187

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jonathan Witter	CEO	$657,692	—	$8,824,635	—	$1,623,930	—	$11,106,257
Raymond J. Quinlan	CEO	$479,308	$976,500	$3,487,623	—	—	$4,876,195	$9,819,626
Paul F. Thome	• Executive Vice President and Chief Administrative Officer, SLM Corporation and President of Sallie Mae Bank—February 2016 to present; Senior Vice President, SLM Corporation and President of Sallie Mae Bank—January 2011 to February 2016; Senior Vice President—Business Finance, SLM Corporation—March 2009 to January 2011 • Chief Financial Officer and Co-Founder, Credit One Financial Services LLC-October 2006 to March 2009 • Executive Vice President, MBNA Corporation—1996 to 2006; 69	$467,308	$562,500	$590,207	—	—	$1,085,778	$2,705,793
Steven J. McGarry	CFO	$519,231	—	$697,510	—	$811,188	$43,700	$2,071,629
Donna F. Vieira	• Executive Vice President and Chief Marketing Officer, SLM Corporation—January 2019 to present • Chief Marketing Officer, Consumer Banking and Wealth Management, JPMorgan Chase—May 2014 to October 2018 • Chief Marketing Officer, Chase Business Banking, JPMorgan Chase—April 2011 to May 2014 • Senior Vice President, Relationship Manager, Dun & Bradstreet—March 2010 to April 2011 • Senior Vice President, General Manager Small Business Products, Dun & Bradstreet—July 2008 to March 2010; 55	$467,308	—	$590,206	—	$621,212	$39,250	$1,717,976
Daniel P. Kennedy	Former Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank Donna F. Vieira^^ Executive Vice President and Chief Commercial Officer	$417,308	—	$399,993	—	$621,212	$39,250	$1,477,763

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Raymond J. Quinlan	CEO	$920,769	—	$3,665,958	—	$1,361,520	$114,000	$6,062,247
Donna F. Vieira	• Executive Vice President and Chief Marketing Officer, SLM Corporation—January 2019 to present • Chief Marketing Officer, Consumer Banking and Wealth Management, JPMorgan Chase—May 2014 to October 2018 • Chief Marketing Officer, Chase Business Banking, JPMorgan Chase—April 2011 to May 2014 • Senior Vice President, Relationship Manager, Dun & Bradstreet—March 2010 to April 2011 • Senior Vice President, General Manager Small Business Products, Dun & Bradstreet—July 2008 to March 2010; 55	$415,385	$550,000	$449,995	—	$554,625	$152,065	$2,122,070
Steven J. McGarry	CFO	$500,000	—	$680,817	—	$732,000	$43,450	$1,956,267
Paul F. Thome	• Executive Vice President and Chief Administrative Officer, SLM Corporation and President of Sallie Mae Bank—February 2016 to present; Senior Vice President, SLM Corporation and President of Sallie Mae Bank—January 2011 to February 2016; Senior Vice President—Business Finance, SLM Corporation—March 2009 to January 2011 • Chief Financial Officer and Co-Founder, Credit One Financial Services LLC-October 2006 to March 2009 • Executive Vice President, MBNA Corporation—1996 to 2006; 69	$444,231	—	$576,076	—	$554,625	$39,000	$1,613,932

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Raymond J. Quinlan	CEO	$817,308	—	$3,909,131	—	$1,347,452	$113,750	$6,187,641
Steven J. McGarry	CFO	$476,155	—	$890,168	—	$720,563	$38,750	$2,125,636
Paul F. Thome	• Executive Vice President and Chief Administrative Officer, SLM Corporation and President of Sallie Mae Bank—February 2016 to present; Senior Vice President, SLM Corporation and President of Sallie Mae Bank—January 2011 to February 2016; Senior Vice President—Business Finance, SLM Corporation—March 2009 to January 2011 • Chief Financial Officer and Co-Founder, Credit One Financial Services LLC-October 2006 to March 2009 • Executive Vice President, MBNA Corporation—1996 to 2006; 69	$384,616	—	$721,325	—	$514,001	$38,750	$1,658,692

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Raymond J. Quinlan	Chairman	$834,615	—	$3,740,675	—	$1,097,106	$82,131	$5,754,527
Steven J. McGarry	CFO	$450,771	—	$788,899	—	$566,740	$40,558	$1,846,968
Paul F. Thome	• Executive Vice President and Chief Administrative Officer, SLM Corporation and President of Sallie Mae Bank—February 2016 to present; Senior Vice President, SLM Corporation and President of Sallie Mae Bank—January 2011 to February 2016; Senior Vice President—Business Finance, SLM Corporation—March 2009 to January 2011 • Chief Financial Officer and Co-Founder, Credit One Financial Services LLC-October 2006 to March 2009 • Executive Vice President, MBNA Corporation—1996 to 2006; 69	$400,000	—	$589,487	—	$418,504	$37,304	$1,445,295

Key facts CIK 1032033 CUSIP 78442P106 13F (30d) 38 filings 37 filers Visit website Investor relations