Jack Remondi

Jack Remondi is a Financial Services Chief Executive Officer recognized for numerous industry firsts. An innovator and seasoned change agent, he brings a record of leading transformational strategies that accelerate
growth and profitability and create shareholder value. He is also a proven leader in motivating teams to achieve their best.

Jack joins the board of “I Have A Dream” with more than 15 years of experience as a member of public and nonprofit boards and has served as Board Chair and Chair of Audit and Compensation Committees. He has provided guidance and oversight through business transformations, M&A, and regulatory / compliance challenges. He is also recognized for the ability to assess and synthesize details to focus on the information necessary for informed decision making. He brings extensive experience in capital raising, governance, crisis management, and mentorship.

As Navient’s first CEO following its split from SLM Corporation, Jackdeveloped and implemented a transformational strategy focused on student loan refinancing and business processing solutions. He built the largest student loan refinance business – going from zero to #1 with a 33% market share – and created a highly efficient back-office
processing operation, which grew at a compound annual rate of 37%. Under Jack’s leadership, Navient also reestablished a student loanorigination business, capturing 3% market share within three years, achieving a default rate 35% below the industry average on its government loan servicing portfolio, and developing an M&A strategy
that accelerated growth and generated superior stock performance. Previously, as President and CEO of SLM, Jack developed and executed a plan to divide the company, increasing the combined market capitalization and positioning the two separate entities for Day 1 preparedness and long-term success and growth. Jack also served as Chief Financial Officer of SLM, where he successfully repaired and refinanced the balance sheet in the midst of the financial crisis upon rejoining the company after a failed LBO. He was also a Portfolio Manager at PAR Capital, where he was tapped to build and manage a financial services equity portfolio for the investment fund.