Biographical Information


Ann Torre Bates

Ann Torre Bates is a strategic and financial consultant, since 1998. Between 1995 and 1997, she served as executive vice president, chief financial officer and treasurer of NHP, Inc., a national real estate services firm. From 1991 to 1995, Ms. Bates was vice president and treasurer of US Airways, and held various finance positions from 1988 to 1991. She serves on the Board of Directors of Frankin Templeton Funds, Franklin Mutual Series Fund, Franklin Mutual Recovery Fund and Ares Capital Corp.

Ms. Bates has served in senior financial roles in public companies, and is a board member of public companies in the financial sector. Her experience in these roles enable her to bring valuable experience to the Board in overseeing the Company's financial and business strategy, audit and internal controls functions, among other matters.


William M. Diefenderfer III

William M. Diefenderfer III is a partner of Diefenderfer, Hoover, Boyle & Wood in Pittsburgh, Pa., since 1991. From 2000 to 2002, Mr. Diefenderfer III was the chief executive officer and president of enumerate Solutions, Inc. He also served as treasurer and chief financial officer of Icarus Aircraft, Inc. from 1992 to 1996. Previously, he served as deputy director of the Office of Management and Budget from 1989 to 1991. He serves on the Board of Directors of U-Store-It Trust (chairman). He was a member of the Standing Advisory Group of the Public Company Accounting Oversight Board, from 2004 to 2005, and Commission on the Future for America's Veterans.

Mr. Diefenderfer's legal background combined with his involvement in the executive branch of government and his leadership roles in business, bring valuable experience to the Board in overseeing, among other things, political and financial strategy and business operations.


Diane Suitt Gilleland

Diane Suitt Gilleland is an adjunct professor of higher education at the University of Arkansas, Little Rock, since 2003. She served as deputy director of the Illinois Board of Higher Education from 1999 to 2003, senior associate for the Institute for Higher Education Policy from 1998 to 1999, senior fellow of the American Council on Education in 1997, corporate executive officer of the Arkansas Department of Higher Education from 1990 to 1997, and chief financial officer for the Arkansas Department of Higher Education from 1986 to 1990. Ms. Gilleland serves on the University of Arkansas at Pine Bluff Foundation and the University of Arkansas Foundation Board.

Ms. Gilleland's intimate knowledge of higher education governance and finance, from a university and government perspective, enable her to bring valuable insights to the Board on a variety of matters, including business strategy, product development and political and community relations.


Earl A. Goode

Earl A. Goode is chief of staff to the governor of Indiana since 2006, and served as deputy chief of staff from April 2006 to November 2006. He was commissioner of the Department of Administration, State of Indiana from January 2005 to April 2006. Mr. Goode was chairman of the Indiana Sports Company from 2001 to 2006. Mr. Goode has served as president of many GTE divisions (GTE Information Services and GTE Directories Company, GTE Telephone Operations North and East, GTE Telephone Company of the Southwest). Currently, he is trustee of Georgetown College Foundation.

Mr. Goode has held several leadership positions in business services and operations. This experience, combined with his involvement in the state political process, enable him to contribute to the Board's oversight of the Company's operations and its political strategy, among other things.


Ronald F. Hunt

Ronald F. Hunt is an attorney and private investor. Between 1997 and 2004, he served as chairman of National Student Clearinghouse. He retired from Sallie Mae in 1990. Between 1973 and 1990, he served in several executive positions, most recently as executive vice president and general counsel. He served as chairman of the board of trustees of Warren Wilson College, from 2006 to 2011.

Mr. Hunt's extensive and deep involvement with the student loan industry and his legal background enable him to bring to the Board, a valuable perspective on the Company’s operations and strategy.


Barry A. Munitz

Barry A. Munitz is trustee professor at California State University, Los Angeles, since 2006. He is chair of California P-16 Council, an organization that develops strategies to improve education in the State of California, since 2005. From 1997 to 2006, he was president and chief executive officer of The J. Paul Getty Trust in Los Angeles. He was chancellor and chief executive officer of California State University System from 1991 to 1997, Dr. Munitz was chair of the American Council on Education and vice chair of the National Commission on the Cost of Higher Education. Dr. Munitz is a Fellow, The American Academy of Arts and Sciences; Member of the Leeds Equity Partners Advisory Board, and Broad Family Foundation, and the COTSEN Foundation.

Dr. Munitz' experience in senior leadership roles, including CEO positions, in higher education and the non-profit sector, enable him to bring a valuable perspective to the Board's oversight of the Company's strategy, planning and operations.


Howard Newman

Howard Newman is president and chief executive officer of Pine Brook Road Partners, LLC, a private equity firm, since 2006. He served as vice chairman and senior advisor of Warburg Pincus LLC. Earlier in his career, he performed energy and financial services investment banking at Morgan Stanley & Co. Inc. from 1974 to 1983, and served as a senior advisor to the Long Island Power Authority. Mr. Newman serves on the Board of Directors of Newfield Exploration Company, a member of the advisory committee of JEN Partners, LLC and trustee of Salk Institute for Biological Studies.

Mr. Newman's extensive experience in investment banking and capital markets, enable him to bring valuable insights to the Board in the areas of finance and strategy, as well as other matters.


Frank C. Puleo

Frank C. Puleo is an attorney. Mr. Puleo was a partner at Millbank, Tweed, Hadley & McCloy LLP since 1978 and served as co-chair of the firm's Global Finance Group from 1995 until his retirement in 2006. He was a member of the firm's Executive Committee from 1982 to 1991 and from 1996 to 2002. In addition, he served as a lecturer at Columbia University School of Law from 1997 to 2001. Mr. Puleo serves on the Board of Directors of Apollo Investment Corp., CMET Holdings, LLC, Syncora Captial Assurance Inc. and Commercial Industrial Finance Corp.

Mr. Puleo's background as a corporate and finance lawyer, enable him to bring analytical, legal and financial insights to the Board’s review of the Company’s strategies, financial disclosures, legal and regulatory compliance and other matters.


Raymond J. Quinlan, Vice Chairman

Raymond J. Quinlan is vice chairman of Sallie Mae. He joined the company in 2014. Mr. Quinlan came to Sallie Mae from CIT Group, where he served as executive vice president, banking, since 2010. He has been a bank industry executive for more than 30 years, including as chairman and CEO of the Citicorp Retail Financial Services businesses that include Citibank, CitiFinancial, and Primerica Financial Services. While at Citicorp, Mr. Quinlan launched Citibank Direct, a full service Internet bank. He also previously served as executive chairman of Coastal States Bank.

Jack Remondi

John (Jack) F. Remondi, President and Chief Executive Officer

John (Jack) F. Remondi is president and CEO of Sallie Mae. Before his appointment as CEO in May 2013, Mr. Remondi served as president and COO, and led the restructuring of the company’s businesses following the end of the private sector federal student loan program. Previously, he served as vice chairman and chief financial officer, helping the company successfully navigate the financial challenges posed by the economic crisis. Mr. Remondi first joined Sallie Mae in 1999 upon the company’s acquisition of Nellie Mae, and served as a key player in the company’s transformation from a government-sponsored entity to a fully private, retail-focused organization. He is chairman of the Board of Directors of Reading Is Fundamental, Inc.


Wolfgang Schoellkopf, Lead Independent Director

Wolfgang Schoellkopf is managing partner of Lykos Capital Management LLC, a private equity management company since 2003. He was chief executive officer of Bank Austria Group's U.S. Operations from 2000 to 2001. He was vice chairman and chief financial officer of First Fidelity Bancorp from 1990 to 1996, and executive vice president and treasurer for Chase Manhattan Bank from 1979 to 1988. Mr. Schoellkopf serves on the Board of Directors of The Bank of N.T. Butterfield & Son Limited; Santander Holdings USA, UniCredit Cayman Islands, Ltd., and Wueba Versicherungs AG .

Mr. Schoellkopf's leadership roles in a broad range of banking industries, including commercial, consumer, investment and international, enable the Board to oversee all aspects of the Company’s financial operations, funding and liquidity strategies, business planning and other matters.


Steven L. Shapiro

Steven L. Shapiro is a certified public accountant and personal financial specialist and chairman of Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese. Wilson & Co., an accounting firm, since 1995. Mr. Shapiro serves on the Board of Directors of MetLife Bank and is a member of the executive advisory council of Rutgers University, American Institute of Certified Public Accountants, and the New Jersey and Pennsylvania societies of CPAs. He is a trustee of Virtua Health and Hospital Foundation Board.

Mr. Shapiro's leadership role and experience in the accounting field, and his bank and other board positions enable him to bring to the Board skills to oversee matters relating to the Company's business strategies and planning, audit of the Company’s financial statements, risks and controls, and other matters.


Anthony P. Terracciano

Mr. Terracciano is chairman of SLM Corp., since January 2008. He was formerly president of First Union Corporation (now Wachovia), chairman and chief executive officer of First Fidelity Bank Corporation, president and chief operating officer of Mellon Bank, vice chairman of Chase Manhattan Bank, and vice chairman of American Water Works Company, Inc., and non-executive chairman of both The Dime Bank and Riggs National Corporation. Mr. Terracciano is Trustee, Monmouth Medical Center.

Mr. Terracciano has served in board leadership positions for numerous banks, and has held executive management positions in banking during his extensive career in the banking industry. With this background, Mr. Terracciano brings to the Board, unparalleled expertise in banking operations, consumer lending, capital markets, finance strategy and planning, asset quality, risk management, leadership and governance, among other matters.


Barry L. Williams

Barry L. Williams is founder and president of Williams Pacific Ventures, Inc., a consulting and investment company since 1987. He was interim president and chief executive officer of the American Management Association International, from 2000 to 2001. Previously, he was managing principal of Bechtel Investments, Inc. from 1979 to 1987. Mr. Williams serves on the Board of Directors of PG&E Corp., CH2M HILL Companies, Northwestern Mutual Life Insurance Co. and Simpson Manufacturing Co. He is trustee of American Conservatory Theater, African American Experience Fund, and chairman of Management Leadership for Tomorrow. He also serves as director of Harvard Business School Alumni Association, American Management Association and Resources Legacy Foundation.

Mr. Williams' experience leading his investment and consulting firm, combined with other leadership roles in business and service as a director of a number of public companies enables Mr. Williams to bring expertise to the Board in the areas of finance, governance, technology and business planning and strategy, among others.