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Navient Corp (NASDAQ:NAVI)

12.20
Delayed Data
As of Oct 17
 +0.47 / +4.01%
Today’s Change
11.48
Today|||52-Week Range
17.95
-25.75%
Year-to-Date
SECTOR
Finance
INDUSTRY
Investment Banks/Brokers
MARKET CAP
$3.2B

Company Description

Navient Corp. engages in the provision of loan management, servicing, and asset recovery services. It operates the business through the following segments: FFELP Loans, Private Education Loans, Business Services, and Others. The FFELP Loans segment consists of its FFELP Loan portfolio; and the underlying debt and capital funding the loans. The Private Education Loans segment acquires finances and services private education loans. The Business Services segment provides servicing and asset recovery services for loans on behalf of Guarantors of FFELP Loans and other institutions. The Other segment covers activities related to repurchases of debt; its corporate liquidity portfolio; and unallocated overhead and regulatory-related costs. The company was founded on November 7, 2013 and is headquartered in Wilmington, DE.

Contact Information

Navient Corp.
123 Justison Street
Wilmington Delaware 19801
P:(302) 283-8000
Investor Relations:
(302) 283-4075

Employees

Shareholders

Mutual fund holders59.47%
Other institutional37.44%
Individual stakeholders1.25%

Top Executives

John F. RemondiPresident, Chief Executive Officer & Director
Christian Mark LownChief Financial Officer & Executive Vice President
Pat LawickiChief Information Officer & Executive VP
Steve HauberChief Risk & Compliance Officer, Senior VP
Mark L. HeleenSecretary, Chief Legal Officer & Executive VP