SLM CORPORATION (NASDAQ:ISM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
SLM CORPORATION (NASDAQ:ISM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 23, 2017, Ronald F. Hunt, a director of SLM Corporation (the “Company”), notified the Company he will not stand for re-election to the Company’s Board of Directors (the “Board”) at the Company’s next annual meeting of stockholders to be held in June 2017. Mr. Hunt will continue to serve as a director until such meeting. His decision to not stand for re-election to the Board is solely for personal reasons and time considerations and did not involve any disagreement with the Company, the Company’s management or the Board.
In connection with Mr. Hunt’s decision not to stand for re-election, on March 24, 2017, the Board adopted a resolution decreasing the size of the Board from 13 directors to 12 directors, effective as of the end of Mr. Hunt’s term.
SLM CORPORATION (NASDAQ:ISM) Recent Trading Information
SLM CORPORATION (NASDAQ:ISM) closed its last trading session 00.00 at 25.40 with 4,926 shares trading hands.
SLM CORPORATION (NASDAQ:ISM) closed its last trading session 00.00 at 25.40 with 4,926 shares trading hands.
