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8-K - CURRENT REPORT - NAVIENT CORP | navi-20201231.htm |
Exhibit 99.1
NEWS RELEASE
For immediate release
Navient announces CFO changes
WILMINGTON, Del., June 2, 2020—Navient (Nasdaq: NAVI),
a leader in education loan management and business processing
solutions, announced that its Chief Financial Officer, Christian
Lown, has resigned to accept a new career opportunity.
Ted
Morris will serve as acting CFO, effective immediately. Mr. Morris
joined the company in 2003 and has served as Navient’s
controller since 2014.
“Navient
has unquestionably benefited from Chris’s contributions
across our enterprise,” said Jack Remondi, president and CEO.
“He has helped to build a stronger, more resilient company,
and we wish him well in his new endeavors.”
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About Navient
Navient
(Nasdaq: NAVI) is a leading provider of education loan management
and business processing solutions for education, healthcare, and
government clients at the federal, state, and local levels. We help
our clients and millions of Americans achieve success through
technology-enabled financing, services, and support. Learn more at
Navient.com.
Contact:
Media: Paul Hartwick, 302-283-4026,
paul.hartwick@navient.com
Investors: Joe Fisher, 302-283-4075,
joe.fisher@navient.com
Nathan Rutledge, 703-984-6801,
nathan.rutledge@navient.com
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