Jack Remondi served as the CEO and President of Navient Corporation from January 1, 2015, until his departure on May 15, 2023. He holds a Bachelor’s degree in finance from the University of Delaware and has years of experience in...

Jack Remondi served as the CEO and President of Navient Corporation from January 1, 2015, until his departure on May 15, 2023. He holds a Bachelor’s degree in finance from the University of Delaware and has years of experience in the financial sector. Under his leadership, Navient, a company that provides student loan management and business processing solutions, focused heavily on aligning executive pay with company performance. In 2023, Remondi's total compensation was $7.15 million, primarily from a significant severance payment of $6.2 million after his termination without cause. During his tenure, Remondi faced challenges related to the private education loan market and the company’s performance metrics, which included earnings per share and business processing results. Notably, the transition to a new CEO, David Yowan, marked a significant shift in leadership as the company adjusted to evolving financial landscapes, indicating a new chapter for Navient.