N@N

Sallie Mae Appoints Jonathan Clark Chief Financial Officer

^{Published on 2011-01-18 11:35:20 - Market Wire}
 

RESTON, Va.--([ BUSINESS WIRE ])--SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, announced today that it has appointed Jonathan C. Clark Executive Vice President & Chief Financial Officer. In this role, he will be responsible for the companya™s corporate finance, accounting, financial planning and analysis, and corporate development divisions.

Most recently, Mr. Clark served as Sallie Maea™s Executive Vice President and Treasurer. Under his leadership, the company successfully navigated the challenging capital markets during the recent global financial crisis.

Mr. Clark joined Sallie Mae in 2008 as Senior Vice President of Corporate Finance from Credit Suisse, where he built one of the premier finance teams serving the student loan industry. Previously, he held positions at Prudential Securities, First Boston, Dean Witter and Hewlett-Packard. Mr. Clarkearned degrees from the University of Virginia and Harvard Graduate School of Business Administration.

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nationa™s only financial services company specializing in education. Sallie Maea™s saving programs, planning resources and financing options have helped more than 31 million people make the investment in higher education. The company manages or services more than $236 billion in education loans and serves 11 million student and parent customers. Its affiliate Upromise Investments, Inc., manages $27 billion in 529 college savings plans, and members of Upromise by Sallie Mae have earned more than $575 million in rewards to help pay for college. Sallie Mae offers services to a range of institutional clients, including colleges and universities, student loan guarantors and state and federal agencies. More information is available at [ www.SallieMae.com ]. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.