Navient Corp (NASDAQ:NAVI)

13.43
Delayed Data
As of Jul 13
 -0.23 / -1.68%
Today’s Change
11.48
Today|||52-Week Range
16.92
+0.83%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$3.6B

Company Description

Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. It operates through the following segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, Business Services, and Other. The FFELP Loans segment acquires FFELP loan portfolios which are insured or guaranteed by state or not-for-profit agencies. The Private Education Loans segment acquires, finances, and services private education and private education refinance loans through Earnest. The Business Services segment includes business processing services related to servicing, asset recovery, and other business processing activities. The Other segment consists of repurchase of debt, corporate liquidity portfolio, unallocated overhead, restructuring and other reorganization expenses, regulatory-related costs, and the deferred tax asset remeasurement loss. 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 holders57.20%
Other institutional42.37%
Individual stakeholders1.50%

Top Executives

Jack 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