SLM - SLM announces retention deal with CFO Steven McGarry
- SLM ( NASDAQ: SLM ) said Friday Steven McGarry, EVP and CFO, entered into a retention deal with the company, under which he will continue to serve as CFO through February 2024 when he plans to retire.
- McGarry will assist with selecting the next CFO during this time and will ensure a smooth transition to his successor.
- He has been with SLM ( SLM ) for over 25 years tenure, serving as CFO for nine years.
- SLM ( SLM ) is conducting an extensive search to identify its next CFO.
- Earlier, SLM ( SLM ) cut to Equal Weight at Wells Fargo on persistent credit issues .
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SLM announces retention deal with CFO Steven McGarry