Navient CEO Jack Remondi's 2021 pay slips 3% to $7.9M
Navient reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
Navient reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, five Navient executives received on average a compensation package of $3M, a 21% increase compared to previous year.
Average pay of disclosed executives at Navient
Jack Remondi, Chief Executive Officer, received $7.9M in total, which decreased by 3% compared to 2020. 63% of Remondi's compensation, or $5M, was in stock awards. Remondi also received $1.9M in non-equity incentive plan, $1M in salary, as well as $9K in other compensation.
John Kane, Group President, received a compensation package of $2.3M, which decreased by 4% compared to previous year. 43% of the compensation package, or $1M, was in stock awards.
Mark Heleen, Chief Legal Officer, earned $1.9M in 2021, a 2% decrease compared to previous year.
Joe Fisher, Chief Financial Officer, received $1.5M in 2021, which increases by 87% compared to 2020.
Steve Hauber, Chief Risk and Compliance Officer, earned $1.5M in 2021, a 5% decrease compared to previous year.
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Source: SEC filing on April 21, 2022.