Sallie Mae (NASDAQ: SLM) has announced the appointment of Henry Greig to its board of directors, effective January 12, 2025. Mr. Greig brings with him a wealth of industry experience, having held various positions at Synchrony Financial from 2014-2023, including Chief Credit Officer, Chief Risk Officer, and Executive Vice President. Prior to his time at Synchrony Financial, he worked at GE Capital from 1988-2014, serving in various roles, including Senior Vice President and Chief Risk Officer for Retail Finance North America.
According to the press release, Carter Franke, the Chair of the Board of Directors at Sallie Mae, stated, "Henry is an experienced executive who will bring valuable insights and perspectives as we continue to deliver on our strategic priorities for customers and shareholders. His deep background and experience in risk management will complement and enhance the skills of our board."
Mr. Greig holds a Bachelor of Arts degree in Mathematics from Bowdoin College and a Master of Science degree in Applied Mathematics from Rensselaer Polytechnic Institute.
This appointment comes as Sallie Mae continues to focus on delivering strategic priorities for its customers and shareholders, with the addition of Mr. Greig's expertise in financial services, risk management, strategy, and operations to the board of directors. Today the company's shares have moved 1.4% to a price of $27.62. For the full picture, make sure to review SLM's 8-K report.