According to Women on Boards 2016, a report produced annually by The Forum of Executive Women and PwC, Sallie Mae is one of only 19 companies in the Philadelphia region to qualify for the Champion of Diversity award which recognizes public companies with 25 percent or more women on their boards of directors.
“By helping to make the dream of higher education a reality we are an equalizer of opportunity and that’s a view we embrace not just at the board level but throughout our company,” said Raymond J. Quinlan, chairman and CEO, Sallie Mae. “To best serve our customers and our employees, we seek diversity not only in identity but also in thought, opinion, personality, and experience, and we have those traits in abundance at Sallie Mae.”
The gender diversity on Sallie Mae’s Board has also been recognized by 2020 Women on Boards, a national non-profit organization working to increase the percentage of women on corporate boards to 20 percent by the year 2020. In its 2020 Gender Diversity Directory, Sallie Mae is listed as a “Winning (W) Company” for having at least 20 percent female representation on its board. Of the 1,744 public companies the organization evaluated last year, only 40 percent earned “W” designations.
“It is exciting to see a company whose mission is to help young people access higher education set an example from the very top that gender is no obstacle to achievement,” said Suzanne S. Mayes, president, The Forum of Executive Women.
Sallie Mae offers a variety of tips, tools, and resources to help students and families save, plan, and pay for college. Learn more at SallieMae.com.