Navient CORP 8-K filings

Navient Corporation shareholders successfully elected six directors and ratified the appointment of KPMG LLP at the 2026 Annual Meeting.

Navient Corporation has completed a public offering of $500 million in senior notes due 2031 to support general corporate purposes.

Navient Corporation announced a leadership transition where Board Chair Edward Bramson will assume the CEO role from David Yowan, effective June 5, 2026, with Yowan remaining on the Board.

Navient Corporation announced significant leadership changes, including the appointment of Steve Hauber as CFO and expanded roles for Troy Standish, aligning with a new business strategy.

Navient Corporation details its 'Phase 2 Strategy Update,' focusing on restructuring and accelerating growth for its Earnest digital financial services division.

Navient Corporation announced a GAAP net loss of $86 million and a Core Earnings net loss of $83 million for the third quarter of 2025, primarily driven by elevated loan loss provisions.

Navient Corporation reported a significant drop in second-quarter 2025 net income and core earnings, driven by increased loan loss provisions and rising delinquencies.

Navient Corporation announced an amendment to CEO David L. Yowan's compensation package, increasing his base salary to $1 million and granting significant RSU and PSU awards tied to service and performance metrics.

Navient Corporation announced the successful re-election of all seven director nominees, ratification of KPMG LLP as auditor, and advisory approval of executive compensation at its 2025 Annual Meeting, alongside the completion of two key transition services agreements.

Navient Corporation successfully completes a public offering of $500 million in 7.875% Senior Notes due 2032.

Navient Corporation announced its first-quarter 2025 financial results, reporting a net loss of $2 million despite strong performance in loan originations and expense reductions.

Navient Corporation's Board of Directors amended and restated the company's bylaws to include guidelines for director resignations in uncontested elections and to allow the Nominations and Governance Committee Chair to call special board meetings.

Navient is updating its turnaround strategy, focusing on cost reductions and capital allocation in Phase 1, with Phase 2 to address growth initiatives and valuation.

Navient Corporation announces its fourth-quarter 2024 financial results, highlighting strategic actions and mixed financial performance.

Navient Corporation has extended its cooperation agreement with Sherborne Investors, ensuring continued collaboration and appointing Edward J. Bramson as Board Chair upon the closing of the 2025 annual meeting.

Navient Corporation has agreed to sell its government services business to Gallant Capital Partners, expecting a loss between $25 and $35 million in the fourth quarter of 2024.

Navient's third quarter saw a GAAP net loss of $2 million, but core earnings of $160 million, driven by the sale of its healthcare business and increased loan originations.

Navient Corporation has announced leadership changes, including the appointment of Troy Standish as Executive Vice President & Chief Operating Officer, following the sale of its healthcare services business.

Navient Corporation finalized the sale of its healthcare services business, Xtend Healthcare, to CorroHealth for $369 million on September 19, 2024.

Navient has reached a settlement with the Consumer Financial Protection Bureau (CFPB), agreeing to pay $120 million and adhere to certain restrictions, resolving long-standing legal issues.

Navient Corporation has agreed to sell its Healthcare Services business, Xtend Healthcare, to CorroHealth for $365 million in cash, marking a significant step in the company's simplification strategy.

Navient Corporation announced its second quarter 2024 financial results, highlighting a net income of $36 million and progress on strategic initiatives including outsourcing and potential divestitures.

Navient Corporation has approved a new incentive plan for employees and adjusted the compensation package for its CEO, David L. Yowan, including stock awards and potential cash bonuses tied to strategic goals.

Navient Corporation held its 2024 Annual Meeting of Shareholders, electing eight directors and approving the ratification of KPMG LLP as its independent auditor, executive compensation, and a new omnibus incentive plan.

Navient Corporation will outsource its student loan servicing operations to the Higher Education Loan Authority of the State of Missouri (MOHELA) under a newly signed Master Terms Agreement.

Navient Corporation has announced a restructuring of its leadership team, with Steve Hauber taking on the role of Chief Administrative Officer, effective April 27, 2024.

Navient's first quarter 2024 results show a net income of $73 million, alongside strategic moves to streamline operations and divest business units.

Navient's first quarter 2024 results show a decrease in net income compared to the previous year, alongside strategic actions to streamline operations.

Navient Corporation announces that director Laura S. Unger will not seek re-election at the upcoming Annual Meeting of Shareholders on May 23, 2024.

Navient Corporation released a strategy update presentation on its website on January 31, 2024.