Navient Announces New CEO to Lead Transformation Phase

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2026.04.08 13:36
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Navient has announced that Edward Bramson will become the new CEO on June 5, 2026, succeeding David Yowan, who will remain on the board. This leadership change follows the completion of Phase 1 of the company's transformation, which included outsourcing and divesting certain divisions. Bramson will lead Phase 2, focusing on capital restructuring to enhance shareholder value. The board will also reduce its size, with director Jane Thompson retiring. Analyst ratings for NAVI stock are currently a Sell with a $7.00 price target, reflecting concerns over financial quality and leverage.