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Navient recognized as Adoption Advocate by Dave Thomas Foundation for Adoption

Retrieved on:

Wednesday, November 29, 2023

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HERNDON, Va., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, is proud to announce that it has been recognized as an Adoption Advocate by the Dave Thomas Foundation for Adoption.

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HERNDON, Va., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, is proud to announce that it has been recognized as an Adoption Advocate by the Dave Thomas Foundation for Adoption.
The list recognizes organizations with robust adoption benefits programs and celebrates employers that help support working adoptive parents.
“The Foundation is thrilled to see a growing number of organizations offering robust benefits to employees who open their hearts and homes as foster and adoptive parents,” said Rita Soronen, president and CEO of the Dave Thomas Foundation for Adoption.
This inclusive support extends to nurturing the emotional well-being of both parents and children throughout the adoption process.

Navient Named a Top 10 Military Friendly® Employer for Supporting Military Members and Their Spouses

Retrieved on:

Monday, November 13, 2023

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HERNDON, Va., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Navient has earned 2024 Military Friendly® designations from VIQTORY, publisher of G.I.

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HERNDON, Va., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Navient has earned 2024 Military Friendly® designations from VIQTORY, publisher of G.I.
It is the tenth consecutive year Navient has been recognized by the publisher for its support of the military.
Navient participates in hiring events to reach job-seeking veterans and is a member of the Veteran Jobs Mission, a coalition of companies committed to hiring U.S. military veterans and military spouses.
Through partners and employees, Navient supports community groups that provide care and resources to service members and veterans.

BSIMM14 Report: Application Security Automation Soars

Retrieved on:

Tuesday, December 5, 2023

SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published BSIMM14, the latest edition of the annual Building Security In Maturity Model (BSIMM) report analyzing the software security practices across 130 organizations, including some of the most advanced companies in cloud, financial services, FinTech, ISV, insurance, IoT, healthcare, and technology industries. The report found that the use of automated security technology is growing rapidly, which in turn is propagating the "shift everywhere" philosophy – performing security tests throughout the entire software development life cycle – across more organizations.

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Synopsys Software Integrity Group report highlights how customers embracing automation are improving security processes throughout the software life cycle.
This year's findings revealed a clear trend of firms increasingly taking advantage of security automation to replace manual, subject matter expert–driven security activities to reduce cost and improve effectiveness.
Greater automation has enabled organizations to embrace the shift everywhere philosophy, with automated, event-driven security testing increasing by 200% over the last two years.
"Companies are seeing firsthand that eliminating human error with consolidated, integrated security tooling makes security programs more effective and affordable — a compelling combination.

Navient Named a Best Place to Work for Caregivers

Retrieved on:

Wednesday, September 27, 2023

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The annual list recognizes companies that support family caregivers and also raises awareness of how businesses help make caregiving and professional success compatible.

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The annual list recognizes companies that support family caregivers and also raises awareness of how businesses help make caregiving and professional success compatible.
"The companies on this list understand that supporting working caregivers is a business imperative,” said Liz O’Donnell, Working Daughter founder.
Seventy percent of those caregivers suffer work-related difficulties due to their dual roles.
“We’re proud of the employee benefits Navient offers to help relieve the unique pressures of working caregivers,” said Mike Smith, Navient’s chief human resources officer.

Navient completes plans for orderly LIBOR transition

Retrieved on:

Monday, June 5, 2023

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WILMINGTON, Del., June 05, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that it plans to transition outstanding U.S. Dollar (USD) LIBOR-indexed Navient-issued instruments to Secured Overnight Financing Rate (SOFR) after June 30, 2023.

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WILMINGTON, Del., June 05, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that it plans to transition outstanding U.S. Dollar (USD) LIBOR-indexed Navient-issued instruments to Secured Overnight Financing Rate (SOFR) after June 30, 2023.
USD LIBOR will stop being published after June 30, 2023 and will be replaced by SOFR in many financial contracts.
Navient and certain of its affiliates/subsidiaries have issued private education loans and asset-backed securities that are indexed to USD LIBOR.
Starting in July, the relevant LIBOR rate included in impacted LIBOR contracts will be replaced with the applicable SOFR rate and tenor spread adjustment provided for in the Adjustable Interest Rate (LIBOR) Act of 2022 and the Federal Reserve Board’s final rule issued pursuant to the LIBOR Act.

Navient Names David Yowan as President and CEO

Retrieved on:

Monday, May 15, 2023

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WILMINGTON, Del., May 15, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced today 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.

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WILMINGTON, Del., May 15, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced today 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.
He succeeds Jack Remondi in this role, effective May 15.
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.
“With more than 40 years of finance industry experience, and after six years on the Navient board, Dave Yowan brings significant financial and strategic expertise and strong leadership skills to his new role,” said Linda Mills, chair of the board.

Boys & Girls Clubs of Delaware, Navient to host May 6 college planning conference

Retrieved on:

Thursday, April 27, 2023

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The event will be held from 9 to 11 a.m. on Saturday, May 6, at the Greater Dover Boys & Girls Club, 1683 New Burton Rd, Dover, DE 19904.

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The event will be held from 9 to 11 a.m. on Saturday, May 6, at the Greater Dover Boys & Girls Club, 1683 New Burton Rd, Dover, DE 19904.
"Boys & Girls Clubs of Delaware, in partnership with the Navient Community Fund, Parents & Guardians College Planning Conference, Girls Inc. of Delaware and Holmes Smith Consulting Services, is thankful for the opportunity to host another College Planning Conference for our members and their families," said John Wellons, president and CEO of the Boys & Girls Clubs of Delaware.
Navient research shows that young people who have clear career goals and caring mentors are much more likely to graduate from college.
Boys & Girls Clubs of America and Navient are partnering to further empower young people to explore career interests and plan for college through new digital programs available to all Boys & Girls Clubs across the country.

Navient names David Green as executive vice president

Retrieved on:

Tuesday, February 21, 2023

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WILMINGTON, Del., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced today the appointment of David Green as executive vice president of consumer lending.

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WILMINGTON, Del., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced today the appointment of David Green as executive vice president of consumer lending.
Green will continue as CEO of Earnest.
In this expanded role, Green is responsible for Navient’s suite of education financing tools and services, which are offered under the Earnest and NaviRefi brands.
“DG is a creative strategist and innovator supporting families on the college journey,” said Jack Remondi, CEO and president of Navient.

Navient posts fourth quarter 2022 financial results

Retrieved on:

Tuesday, January 24, 2023

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WILMINGTON, Del., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 fourth quarter financial results.

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WILMINGTON, Del., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 fourth quarter financial results.
The complete financial results release is available on the company’s website at Navient.com/investors .
The results will also be available on Form 8-K on the SEC’s website at www.sec.gov .
Supplemental financial information and presentation slides used during the call will be available no later than the start time.

Navient Recognized For Supporting Military Members and Their Spouses

Retrieved on:

Monday, November 14, 2022

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It is the ninth consecutive year Navient has been recognized by the publisher for its support of the military.

Key Points:

It is the ninth consecutive year Navient has been recognized by the publisher for its support of the military.
Navient participates in hiring events to reach job-seeking veterans and is a member of the Veteran Jobs Mission, a coalition of companies committed to hiring U.S. military veterans and military spouses.
Navients Military Benefits team helps service members and their families understand their student loan benefits and options.
Companies earning the Military Friendly Employers designation elevate the standard formilitary programs globally; they have invested in substantive programs that promote positiveoutcomes for service members, military spouses, and veterans within their organizations, saidKayla Lopez, Director of Military Partnerships, Military Friendly.