Navient recognized for gender diversity on its board
May 08 2018 - 8:45AM
Navient (Nasdaq:NAVI), a leading asset management and business
processing services company, today announced it has received the
“W” Company award from the 2020 Women on Boards organization. The
award recognizes companies that champion board diversity by having
20 percent or more of their board seats held by women. Navient
surpasses gender parity with more than 50 percent women on its
board.
Currently, six of Navient's 11 directors are women. According to
the 2020 Women on Boards Gender Diversity Directory, Navient's
board has the highest percentage of women of any financial services
company.
“We’re proud to be recognized as a leader in board diversity,”
said Jack Remondi, president and CEO of Navient. “Diverse talent
and perspectives are essential to good corporate governance and
contribute to the success of our company.”
2020 Women on Boards ranks companies on a “W” (Winning) to “Z”
(Zero) scale. The “W” designation is the highest awarded. This is
the fourth consecutive year Navient has won the award. Navient has
also attracted nationwide recognition for gender parity on its
board from the Women's Forum of New York, The Forum of Executive
Women and the New York Stock Exchange Governance Services.
2020 Women on Boards is the national campaign to increase the
percentage of women on U.S. company boards to 20 percent or greater
by the year 2020. Women now hold 20.8 percent of board seats, an
increase from 14.6 percent in 2011, the first year of
reporting.
Connect with @Navient on Facebook, Twitter, LinkedIn and
Medium.
About NavientNavient (Nasdaq:NAVI) is a leading
provider of asset management and business processing solutions for
education, health care and government clients at the federal, state
and local levels. The company helps its clients and millions of
Americans achieve financial success through services and support.
Headquartered in Wilmington, Delaware, Navient also employs team
members in western New York, northeastern Pennsylvania, Indiana,
Tennessee, Texas, Virginia, Wisconsin, California and other
locations. Learn more at navient.com.
Contact:
Media: Nikki Lavoie, 302-283-4057,
nikki.lavoie@navient.com
Customers: 888-272-5543
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