slm corp (SLM) Key Developments
Sallie Mae Declares Third Quarter of 2014 Dividend on Preferred Stock Series A Payable on July 30, 2014
Jun 26 14
Sallie Mae announced a 2014 third-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The dividend will be paid on July 30, 2014, to stockholders of record at the close of business on July 18, 2014.
SLM Corporation Approves Amendments to Restated Certificate of Incorporation
Jun 26 14
SLM Corporation announced that at its annual general meeting was held on June 25, 2014, the shareholders approved the amendment to the restated Certificate of Incorporation of the company.
SLM Corporation Ratifies the Appointment of KPMG LLP as Independent Registered Public Accounting Firm for the Year Ending December 31, 2014
Jun 26 14
SLM Corporation announced that its shareholders at the Annual General Meeting held on June 25, 2014 ratified the appointment of KPMG LLP as the its s independent registered public accounting firm for the year ending December 31, 2014.
Joseph A. DePaulo Resigns as Executive Vice President of Banking and Finance and Director of SLM Corporation
May 28 14
Joseph A. DePaulo, Executive Vice President of Banking and Finance, has informed SLM Corporation of his decision to terminate his employment effective June 13, 2014 for Good Reason, pursuant to the terms of the company’s existing Executive Severance Plan for Senior Officers. Mr. DePaulo has submitted his resignation as a member of the board of directors of the company, effective immediately. As a result, Mr. DePaulo will not stand for re-election to the board of directors of the company.
Navient Corporation Appoints Linda A. Mills as Director
May 16 14
On May 12, 2014, the Board of Directors of Navient Corporation unanimously approved the appointment of Linda A. Mills as director to fill an existing vacancy, effective immediately. Ms. Mills will serve on the Finance and Operations and Compensation and Personnel Committees of the Board of Directors. Ms. Mills currently serves as Corporate Vice President of Operations for Northrop Grumman Corporation.