SLM Corp 8-K

What Happened
SLM Corporation announced that on April 22, 2026 its Board appointed two current executives, Peter M. Graham and Kerri A. Palmer, as Co‑Presidents effective immediately. Mr. Graham remains Executive Vice President and Chief Financial Officer and will hold the title Co‑President and Chief Financial Officer. Ms. Palmer remains Executive Vice President and Chief Operational Officer and will hold the title Co‑President and Head of Financial Services. The company filed an 8‑K dated April 27, 2026 and furnished a press release (Exhibit 99.1); the proxy statement filed the same day contains their biographical and compensation details.

Key Details

• Appointment date: effective April 22, 2026; 8‑K filed April 27, 2026.
• New titles: Peter M. Graham — Co‑President & Chief Financial Officer; Kerri A. Palmer — Co‑President & Head of Financial Services.
• No new or amended employment arrangements, compensation changes, or special agreements were disclosed in connection with the appointments.
• Company states neither executive has family ties to other officers/directors and no reportable related‑party transactions under Item 404(a).

Why It Matters
This is an internal leadership change that elevates two senior executives while keeping the current CFO and COO responsibilities in place, suggesting continuity in financial and operational leadership. For investors, the filing signals a management structure change to watch for any strategic or reporting impacts; the company points to the proxy statement for full biographical and compensation information. The 8‑K shows there were no disclosed special arrangements or related‑party issues tied to these appointments.