Albert L. Lord has been a key player in the finance world, especially during his time at SLM Corporation, where he served as CEO from 2007 to 2013. He took the reins during a critical period for the company and...
Albert L. Lord has been a key player in the finance world, especially during his time at SLM Corporation, where he served as CEO from 2007 to 2013. He took the reins during a critical period for the company and helped guide its direction. Mr. Lord, who was born in 1951, has a long history of service in the finance sector, having held various roles since 1981. Before becoming CEO, he was the Vice Chairman and Chief Executive Officer of the company’s predecessor, the Student Loan Marketing Association. His leadership style focused on performance, emphasizing metrics like earnings per share, loan originations, and management of operating expenses, which were all crucial for shareholder interests. One notable point in his career came in 2011 when he received a large bonus of $2.5 million, reflecting the company’s performance that year. He also had a significant stock option grant worth millions, which illustrates the company's confidence in his leadership. After retiring, Mr. Lord has continued to impact the finance community and serves on various boards, further solidifying his legacy in the industry.