SLM: Pay

SLM paid its 5 named executives $22.8M in total in FY2025 (Dec). CEO Jonathan W. Witter was paid $11.3M of that.

Pay$100 in the stock at the end of FY20 → $226
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Jonathan W. WitterChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Peter M.GRAHAM(5) Co-President and Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Kerri A.PALMER Co-President and Head of Financial Services and President of Sallie Mae Bank
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Donna F.VIEIRA (6) Former Executive Vice President and Chief Commercial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Nicolas JafariehExecutive Vice President and Chief Legal, Government Affairs, and Communications Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 7 peers with pay on file was $11.7M. CEO pay of SLM for that year is not on file.

  1. 1SoFi Technologies
  2. 2OneMain Holdings
  3. 3Ally Financial
  4. 4Enova International
  5. 5Axos Financial
  6. 6Upstart Holdings
  7. 7Prosperity Bancshares
  8. 8SLMNot disclosed
  9. 9BankUnitedNot disclosed
  10. 10Commerce Bancshares, Inc.Not disclosed
  11. 11Credit AcceptanceNot disclosed
  12. 12F.N.B. CorporationNot disclosed
  13. 13LendingClub CorporationNot disclosed
  14. 14LendingTree, Inc.Not disclosed
  15. 15Synovus Financial Corp.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.