SLM CEO Jonathan Witter's 2020 pay jumps 121% to $11M
SLM reports 2020 executive compensation
By ExecPay News
Published: April 22, 2021
SLM reported fiscal year 2020 executive compensation information on April 22, 2021.
In 2020, six SLM executives received on average a compensation package of $4.8M, a 84% increase compared to previous year.
Average pay of disclosed executives at SLM
Jonathan W. Witter, Chief Executive Officer, received $11M in total. 79% of Witter's compensation, or $8.8M, was in stock awards. Witter also received $1.6M in non-equity incentive plan and $658K in salary.
Raymond J. Quinlan, Chief Executive Officer, received a compensation package of $9.8M, which increased by 62% compared to previous year. 50% of the compensation package, or $4.9M, was in other compensation.
Paul F. Thome, Chief Administrative Officer, earned $2.7M in 2020, a 68% increase compared to previous year.
Steven J. McGarry, Chief Financial Officer, received $2.1M in 2020, which increases by 6% compared to 2019.
Donna F. Vieira, Executive Vice President and Chief Commercial Officer, earned $1.7M in 2020, a 19% decrease compared to previous year.
Daniel P. Kennedy, Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank, received $1.5M in 2020.
Related executives
Jonathan Witter
SLM
Chief Executive Officer
Steven McGarry
SLM
Chief Financial Officer
Paul Thome
SLM
Chief Administrative Officer
Donna Vieira
SLM
Executive Vice President and Chief Commercial Officer
Daniel Kennedy
SLM
Executive Vice President and Chief Operational Officer and President of Sallie Mae Bank
Raymond Quinlan
SLM
Chief Executive Officer
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Source: SEC filing on April 22, 2021.