Last updated: 22 May 2024 at 4:51pm EST

John Remondi Net Worth




The estimated Net Worth of John F Remondi is at least $63.7 Million dollars as of 2 February 2021. Mr. Remondi owns over 762,376 units of Navient Corp stock worth over $51,143,653 and over the last 21 years he sold NAVI stock worth over $4,800,000. In addition, he makes $7,793,320 as President, Chief Executive Officer, and Director at Navient Corp.

Mr. Remondi NAVI stock SEC Form 4 insiders trading

John has made over 14 trades of the Navient Corp stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 762,376 units of NAVI stock worth $6,998,612 on 2 February 2021.

The largest trade he's ever made was exercising 2,000,000 units of Navient Corp stock on 2 January 2018 worth over $27,000,000. On average, John trades about 54,905 units every 60 days since 2004. As of 2 February 2021 he still owns at least 3,488,653 units of Navient Corp stock.

You can see the complete history of Mr. Remondi stock trades at the bottom of the page.





John Remondi biography

John F. Remondi serves as President, Chief Executive Officer, Director of the Company. Mr. Remondi has been the Company’s President and Chief Executive Officer since April 2014. He was SLM Corporation’s President and Chief Executive Officer from May 2013 to April 2014, President and Chief Operating Officer from January 2011 to May 2013 and its Vice Chairman and Chief Financial Officer from January 2008 to January 2011. Mr. Remondi has a nearly 30-year history in the student loan and business services industry with Navient and its predecessors, in a variety of leadership roles, including as chief executive officer, chief operating officer and chief financial officer. He has the in-depth knowledge of our industry, customers, investors and competitors, as well as the relationships, to lead our company. Mr. Remondi brings to our Board of Directors a unique historical perspective of Navient, its operations and the evolution of the student loan industry, and he provides valuable insights to our Board in the areas of finance, accounting, portfolio management, business operations and student/consumer lending.

What is the salary of John Remondi?

As the President, Chief Executive Officer, and Director of Navient Corp, the total compensation of John Remondi at Navient Corp is $7,793,320. There are no executives at Navient Corp getting paid more.



How old is John Remondi?

John Remondi is 58, he's been the President, Chief Executive Officer, and Director of Navient Corp since 2014. There are 7 older and 9 younger executives at Navient Corp. The oldest executive at Navient Corp is Linda Mills, 70, who is the Independent Chairman of the Board.

Insiders trading at Navient Corp

Over the last 11 years, insiders at Navient Corp have traded over $55,228,387 worth of Navient Corp stock and bought 185,300 units worth $1,724,167 . The most active insiders traders include John F Remondi, Capital Advisors Llc Julis ..., and Barry A Munitz. On average, Navient Corp executives and independent directors trade stock every 41 days with the average trade being worth of $2,237,101. The most recent stock trade was executed by Mark L Heleen on 27 May 2021, trading 55,762 units of NAVI stock currently worth $863,196.



What does Navient Corp do?

as the nation's leading loan management, servicing and asset recovery company, navient (nasdaq:navi) helps customers navigate the path to financial success. servicing more than $300 billion in student loans, the company supports the educational and economic achievements of more than 12 million americans. a growing number of government and higher education clients rely on navient for proven solutions to meet their financial goals. learn more at navient.com.



Complete history of Mr. Remondi stock trades at Navient Corp, SLM, SLM, and CubeSmart

Insider
Trans.
Transaction
Total value
John F Remondi
Chief Executive Officer
Option $6,998,612
2 Feb 2021
John F Remondi
Chief Executive Officer
Option $750,400
14 Jan 2021
John F Remondi
Chief Executive Officer
Buy $391,000
31 Jul 2020
John F Remondi
Chief Executive Officer
Option $6,520,000
31 Dec 2018
John F Remondi
Chief Executive Officer
Option $2,942,669
30 Jan 2018
John F Remondi
Chief Executive Officer
Option $27,000,000
2 Jan 2018
John F Remondi
Chief Executive Officer
Option $1,777,135
28 Dec 2016
John F Remondi
Chief Executive Officer
Buy $703,200
8 Feb 2016
John F Remondi
Chief Executive Officer
Buy $320,153
28 Jul 2015
John F Remondi
Executive Vice President
Buy $174,041
6 Mar 2009
John F Remondi
Executive Vice President
Sale $2,400,000
20 Jun 2005
John F Remondi
Executive Vice President
Option $9,548,124
12 Feb 2004
John F Remondi
Executive Vice President
Sale $2,400,000
20 Jun 2005
John F Remondi
Executive Vice President
Option $9,548,124
12 Feb 2004


Navient Corp executives and stock owners

Navient Corp executives and other stock owners filed with the SEC include: