Sallie Mae (NASDAQ: SLM), the nation’s saving, planning and
paying for college company, today announced the appointments of former
United States Representative Jim Matheson and Vivian C. Schneck-Last, a
former managing director at Goldman, Sachs & Company, to its board of
directors, effective immediately. In connection with the appointments,
Sallie Mae’s board of directors also voted to increase the number of
board seats from 11 to 12.
Mr. Matheson represented the state of Utah in the U.S. House of
Representatives from 2001 to 2015. Mr. Matheson served as a chief deputy
whip for the House Democratic Caucus and was a member of the Energy and
Commerce, Financial Services, and Transportation and Infrastructure
Committees. Earlier this year, he joined Squire Patton Boggs, one of the
world’s largest law and public policy firms, as a Principal in the
public policy practice. Mr. Matheson holds a Bachelor of Arts degree
from Harvard University and a Master of Business Administration degree
from the UCLA Anderson School of Management.
Ms. Schneck-Last brings more than 25 years of experience in developing,
implementing, and executing strategic technology initiatives at Goldman
Sachs & Company, most recently serving as Managing Director, Global Head
of Technology Governance. During her tenure, Ms. Schneck-Last played
instrumental roles in readying the firm’s information technology
function, first for becoming a public company and then a bank holding
company. Ms. Schneck-Last established the firm’s technology governance
function and Technology Risk Committee, founded the Technology Business
Development function and was a key liaison with regulators during the
firm’s transition to bank holding company status. She holds a Bachelor
of Science degree from Touro College and a Master of Business
Administration degree from Columbia University.
“Mr. Matheson and Ms. Schneck-Last further diversify our well-rounded
board of directors, adding valuable public policy and risk management
expertise,” said Raymond J. Quinlan, chairman and chief executive
officer, Sallie Mae. “Each brings unique insight and perspective as we
continue to grow our consumer banking business and enhance our customer
experience.”
Mr. Matheson and Ms. Schneck-Last are independent directors who will
stand for election at the annual meeting of stockholders in June 2015.
In connection with their appointments, each has also been appointed to
the board of directors of Sallie Mae Bank, Sallie Mae’s Utah industrial
bank subsidiary.
For more information, visit www.SallieMae.com.
Sallie Mae (NASDAQ: SLM) is the nation’s saving, planning, and
paying for college company. Whether college is a long way off or just
around the corner, Sallie Mae offers products that promote responsible
personal finance including private education loans, Upromise rewards,
scholarship search, college financial planning tools, insurance, and
online retail banking. Learn more at SallieMae.com.
Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.
Copyright Business Wire 2015