Jonathan W. Witter became the CEO of SLM Corporation in 2020, stepping into the role after a notable career in finance and banking. Before joining SLM, he held executive positions at major companies including Hilton Worldwide and Capital One. Jonathan's...
Jonathan W. Witter became the CEO of SLM Corporation in 2020, stepping into the role after a notable career in finance and banking. Before joining SLM, he held executive positions at major companies including Hilton Worldwide and Capital One. Jonathan's leadership has focused on growing SLM's private education loan business, which saw originations reaching approximately $6.4 billion in 2023, marking a 7% increase from the previous year. This growth was achieved while also expanding net interest margins and reducing net charge-offs, which is crucial for ensuring good loan performance. His total compensation in 2023 amounted to around $9.4 million, highlighting the company’s success under his guidance. Jonathan is committed to SLM's mission of providing accessible education loans, and he has led various initiatives to enhance the company's risk management and compliance frameworks. His background includes an MBA from Wharton and a bachelor’s degree in economics from Vanderbilt, which supports his strategic decision-making in finance.