Navient Corp (NASDAQ:NAVI)

19.62
Delayed Data
As of 4:00pm ET
 -0.12 / -0.61%
Today’s Change
9.07
Today|||52-Week Range
23.80
+99.80%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$3.2B

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 Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. 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:
(703) 984-6801

Employees

Shareholders

Mutual fund holders52.80%
Other institutional33.56%
Individual stakeholders19.90%

Top Executives

Jack RemondiPresident, Chief Executive Officer & Director
Joe FisherChief Financial Officer & Executive VP
Steve HauberChief Risk & Compliance Officer, Senior VP
Mark L. HeleenSecretary, Chief Legal Officer & Executive VP
Jennifer WalkerChief Audit Officer & Senior Vice President