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Navient ( NASDAQ: NAVI ) has announced that David L. Yowan, a member of the Navient board of directors and formerly corporate treasurer for American Express, has been appointed president and CEO of the company.
Remondi, whose director term expires as of the 2023 Annual Meeting of Shareholders on May 25, will not be renominated to the board at the Annual Meeting.
He succeeds Jack Remondi in this role, effective May 15.