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- Departure Of Ceo (new) — Current CEO David Yowan is departing his executive role effective June 5, 2026, though remaining on the Board.
Navient appoints activist investor Edward Bramson as CEO, current CEO Yowan steps down
Filed April 8, 2026 · Period ending April 2, 2026 · ~1 min read
Key Changes
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Edward J. Bramson, 75, current Board Chair and activist investor, becomes President and CEO on June 5, 2026. He will receive no compensation for the CEO role in 2026 at his own request.
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Current CEO David Yowan steps down June 5 after three years, remains on Board. Receives guaranteed bonus payout at 100% of target for 2026, paid immediately rather than based on actual performance in 2027.
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Bramson co-founded Sherborne Investors in 1986 and has served as CEO of seven public companies. The transition is framed as part of Navient's ongoing transformation.
Item 5.02 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 3, 2026 2:47 PM