Sallie Mae names CFO Graham, COO Palmer co-presidents

Sallie Mae announced it has named Chief Financial Officer Peter Graham and Chief Operational Officer Kerri Palmer Co-Presidents of the company. Reporting to Chief Executive Officer Jon Witter, Graham and Palmer will partner to ensure alignment and execution of the company’s strategy. Graham and Palmer collectively oversee the company’s commercial businesses within their respective areas of responsibility, following the recent retirement of the company’s Chief Commercial Officer. Graham has served as Executive Vice President and Chief Financial Officer since 2023 overseeing finance, accounting, and treasury activities, as well as equity and fixed-income investor relations. As Co-President and Chief Financial Officer, Graham will also oversee strategic partnerships and emerging lines of business. Palmer has served as Executive Vice President, Chief Operational Officer, and President of Sallie Mae Bank since 2023. She previously served as Chief Risk Officer and Chief Risk and Compliance Officer for the company. As Co-President and Head of Financial Services, Palmer will lead the company’s core private education loan business as well as credit and operations.