Navient names new board member
10 August 2018 - 6:15AM
Navient has named Frederick Arnold to its board of directors.
“We are pleased to have Fred join the board of directors and
believe he will be an excellent addition,” said Bill Diefenderfer,
chairman of the Navient board of directors. “He is an accomplished
leader with a proven track record in financial services and
enhancing shareholder value.”
Arnold has held a series of senior financial positions at
private equity-owned portfolio companies, and prior to these roles,
he spent 20 years as an investment banker, primarily at Lehman
Brothers and Smith Barney.
He currently serves as chairman of Corporate Capital Trust, as a
board member of Syncora Holdings Ltd., and is a member of the
post-emergence board of directors of Lehman Brothers Holdings Inc.
He graduated from Amherst College, the University of Oxford and
Yale Law School.
About NavientNavient (Nasdaq:
NAVI) is a leading provider of asset management and business
processing solutions for education, health care and government
clients at the federal, state and local levels. The company helps
its clients and millions of Americans achieve financial success
through services and support. Headquartered in Wilmington,
Delaware, Navient also employs team members in western New York,
northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia,
Wisconsin, California and other locations. Learn more at
navient.com.
Contact:Media: Paul Hartwick
302-283-4026, paul.hartwick@navient.comInvestors: Joe Fisher,
302-283-4075, joe.fisher@navient.com
NAVICF
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/45056c34-c2af-467f-80f4-2ae20d10d0f0
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