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The latest update is out from SLM (SLM).
On June 18, 2024, SLM Corporation’s Board approved a severance plan for senior officers, providing payouts and benefits after a company change in control. Severance is based on position level multipliers on salary and bonuses, along with continued health insurance and outplacement services. In certain cases, equity awards will vest immediately. Additionally, at the Annual Meeting, stockholders elected directors, approved executive compensation, and ratified KPMG LLP as the independent auditor for the upcoming year.
For a thorough assessment of SLM stock, go to TipRanks’ Stock Analysis page.
