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SLM Appoints New Directors to Strengthen Board

Story Highlights
  • SLM Corporation appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as new directors on April 23, 2025.
  • Robert S. Strong announced his retirement from the Board effective June 17, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

SLM ( (SLM) ) has shared an announcement.

On April 23, 2025, SLM Corporation appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as new directors, expanding the Board from twelve to fourteen members. Dr. Greenstein brings extensive experience in higher education strategy and innovation, while Mr. Millerchip offers a strong background in finance and corporate strategy. Their appointments are expected to enhance the Board’s expertise and support the company’s strategic priorities. Additionally, Robert S. Strong announced his retirement from the Board effective June 17, 2025, leading to a subsequent reduction in Board size to thirteen members.

Spark’s Take on SLM Stock

According to Spark, TipRanks’ AI Analyst, SLM is a Neutral.

SLM’s overall stock score of 68 reflects its strong financial performance, characterized by robust revenue growth, profitability, and effective cash management. The technical analysis shows mixed signals, with potential downward momentum tempered by neutral indicators. Valuation metrics suggest the stock is fairly valued, supplemented by a modest dividend yield. Positive sentiment from the earnings call, despite some challenges, supports a stable outlook for SLM.

To see Spark’s full report on SLM stock, click here.

More about SLM

Sallie Mae, formally known as SLM Corporation, is a leader in private student lending, providing financing and resources to support access to college and beyond. The company focuses on education and lifelong learning, offering products and services to help customers achieve their educational and personal goals.

YTD Price Performance: 2.48%

Average Trading Volume: 3,077,100

Technical Sentiment Signal: Sell

Current Market Cap: $5.92B

See more insights into SLM stock on TipRanks’ Stock Analysis page.

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