Sallie Mae appoints Samuel Ramsey to its Board of Directors

– USA, DE –  Sallie Mae (Nasdaq: SLM) today announced the appointment of Samuel Ramsey to its Board of Directors, effective immediately.

“Mr. Ramsey’s significant track record in financial services and, in particular, risk management, further deepens our expertise in this critical area for the business,” said Board Chair, Carter Franke. “Strong risk and compliance functions are foundational to our company’s success, and I look forward to Mr. Ramsey’s contributions in these areas.”

About Samuel Ramsey

Samuel Ramsey joins the Board bringing more than 30 years of experience in consumer and commercial banking, with expertise in risk management, finance, treasury, and the capital markets. He has served as Chief Risk Officer for Chase, the consumer and small business organization within JP Morgan Chase & Co., and previously served as Chief Risk Officer at Ally Financial. Mr. Ramsey also served as CFO, Global Corporate and Investment Banking, at Bank of America where he also held various executive-level risk management roles and helped develop and lead the company’s Global Risk Management division.

After retiring in 2014, Mr. Ramsey served on the Board of Ditech Holding Corporation as Chairman of the Audit Committee and a member of the Compliance Committee as well as the Finance Committee.

He earned his bachelor’s degree in economics from The College of William & Mary.

About Sallie Mae

Sallie Mae, formally SLM Corporation, believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen.

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