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Sallie Mae Announces Officer Promotions

   Sallie Mae logo. (PRNewsFoto/Sallie Mae) (Newscom TagID: prnphotos052857)

RESTON, VA UNITED STATES
    RESTON, Va., Sept. 12 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE:
SLM), commonly known as Sallie Mae and the nation's leading saving- and
paying-for-college company, today announced the following officer
appointments:
    (Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
    Somsak Chivavibul was promoted to senior vice president, financial
planning and analysis. Chivavibul joined Sallie Mae in 1992, and oversees
the company's business and transaction modeling, forecasting, budgeting,
financial analysis and management reporting. Prior to coming to Sallie Mae,
he served as a senior accountant for Ernst & Young. Chivavibul holds a
Bachelor of Science degree in accounting from the University of Maryland.
    Nancy Deck was promoted to senior vice president, marketing. Deck
joined Sallie Mae in 2000, and she leads corporate-wide marketing
responsibilities for Sallie Mae. Prior to joining Sallie Mae, she served as
president of Claritas, a leading provider of customer segmentation and
marketing solutions. Deck holds a Bachelor of Arts degree from Bucknell
University and a Master of Public Administration degree from Syracuse
University.
    Tom Joyce was promoted to senior vice president, corporate
communications. Hired in June 2003, Joyce oversees all corporate media and
public relations. Prior to joining Sallie Mae, Joyce served in senior
public affairs roles at American Express Financial Advisors and Prudential
Financial. Joyce holds a Bachelor of Arts degree in communications from
Seton Hall University and attended graduate school at Rutgers University.
    Sandi Masino was promoted to senior vice president, accounting, credit
and loan portfolio analysis. She joined Sallie Mae in 2003. Prior to coming
to Sallie Mae, she was a senior manager in the assurance practices of
Arthur Andersen and Ernst & Young. Masino holds a Bachelor of Science
degree in accounting from Villanova University.
    Mike Sheehan was promoted to senior vice president and deputy general
counsel. He joined Sallie Mae in 1992 and currently manages all legal work
on corporate finance transactions and serves as the company's securities
lawyer on SEC filings and disclosure issues. Prior to joining Sallie Mae,
Sheehan served as an associate with Venable LLP, a leading national law
firm. Sheehan holds a Bachelor of Arts degree in economics from Cornell
University and a law degree from the University of North Carolina at Chapel
Hill School of Law.
    Dana Albertini was promoted to vice president and associate counsel.
Albertini joined Sallie Mae in 2001 and currently manages all legal work
regarding private education loans. She holds a Bachelor of Arts degree in
communications from West Virginia University and a law degree from Widener
University.
    John Bennett was promoted to vice president, systems development.
Bennett joined Sallie Mae in 1985 and currently leads application
development for Sallie Mae's guarantor servicing system and the Asset
Performance Group, Sallie Mae's debt management division, systems. He holds
a Bachelor of Science degree in computer science/business systems from
Taylor University.
    Marcos Bronfman was promoted to vice president, financial planning and
analysis. Bronfman joined Sallie Mae in 1995 and is currently responsible
for student loan pricing and profitability analyses. He holds a Bachelor of
Science degree in business from the University of Maryland and a Master of
Business Administration degree from George Washington University.
    Jeff Chen was promoted to vice president, asset management, Asset
Performance Group. Chen joined Sallie Mae as part of the 2004 Arrow
Financial Services acquisition and is responsible for due diligence,
valuation, and performance management of outsource agencies and law firms
for the Asset Performance Group's purchased portfolios in the U.S. and
Canada. He holds a Bachelor of Science degree in accounting from Binghamton
University and is a certified public accountant.
    Robin Famiglietti was promoted to vice president, Sallie Mae, and USA
Funds Services national sales manager. Famiglietti joined Sallie Mae in
2000 as part of the USA Group acquisition. She is responsible for managing
the USA Funds Services and NELA services sales teams, strategic sales team
and the 2Futuro student loan program. She holds a Bachelor of Arts degree
in psychology from Wesleyan University and a Master of Arts degree in
education from the University of South Florida.
    Steve Kirkpatrick was promoted to vice president, financial planning
and analysis. Kirkpatrick joined Sallie Mae in 2000 as part of the USA
Group acquisition and is responsible for providing the financial reporting
and analysis for multiple divisions, including the Asset Performance Group,
IT, and guarantor servicing. Kirkpatrick holds a Bachelor of Science degree
in industrial management and a Master of Business Administration degree,
both from Purdue University.
    Mark Lloyd was promoted to vice president, sales management. Lloyd
joined Sallie Mae in 1992 and oversees performance reporting, budgeting,
and student loan volume planning. He holds a Bachelor of Arts degree in
environmental studies from the University of California and a Master of
Business Administration degree from Santa Clara University.
    Sudip Patnaik was promoted to vice president, technology sales and
solutions. Hired by Sallie Mae in 1984, Patnaik develops and implements
technical solutions for higher education institution customers. He holds a
Bachelor of Arts degree in political science and economics from Utkal
University in India and a Master of Business Administration degree from
Southeastern University.
    Alex Reed was promoted to vice president, Sallie Mae, and president and
chief operating officer, General Revenue Corporation. Reed joined Sallie
Mae as part of the Pioneer Credit Recovery acquisition in 2002 and
currently manages all General Revenue Corporation operations. Reed holds a
Bachelor of Science degree in finance from the University of Tennessee.
    Linda Scruggs was promoted to vice president and controller, loan
originations. Scruggs joined Sallie Mae in 1992 and currently oversees the
internal audit and financial reporting for student loan originations. She
holds a Bachelor of Science degree in accounting from Judson College.
    Leo Subler was promoted to vice president, corporate finance. Subler
joined Sallie Mae in 2004 and is responsible for managing bond rating
agency relationships with respect to all corporate ratings, including
acquisition debt ratings, for managing acquisition debt financing for the
company's merger transaction and for fixed income investor development. He
holds a Bachelor of Arts degree from Dickinson University and a Master of
Business Administration degree from Duke University.
    Michael Valentino was promoted to vice president, Sallie Mae, and
president, Arrow Funding. Valentino joined Sallie Mae as part of the Arrow
Financial Services acquisition in 2004 and is responsible for Arrow
Funding, strategic finance and new business activities for the Asset
Performance Group. Valentino holds a Bachelor of Science degree in
accounting from the State University of New York at Albany.
    Harold Wickline was promoted to vice president, Sallie Mae, and
president and chief operating officer, Pioneer Credit Recovery. Wickline
joined Sallie Mae and Pioneer Credit Recovery in 2003 and currently has
full profit and loss responsibilities for Pioneer. He holds a Bachelor of
Science degree in business administration from the University of North
Carolina.
    SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the
nation's leading provider of saving- and paying-for-college programs. The
company manages $153 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $18 billion in 529 college-savings plans, and 8
million members have joined Upromise to help save for college with rewards
on purchases at nearly 70,000 places. 529 college savings plans are
municipal securities and are offered through Upromise Investments, Inc. The
value of units will vary with market conditions and are not government or
FDIC insured. Upromise is a registered service mark of Upromise, Inc.
Sallie Mae and its subsidiaries offer debt management services as well as
business and technical products to a range of business clients, including
higher education institutions, student loan guarantors and state and
federal agencies. More information is available at http://www.salliemae.com. SLM
Corporation and its subsidiaries are not sponsored by or agencies of the
United States of America.


SOURCE Sallie Mae




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  • http://www.salliemae.com
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    CONTACT:
    Beth Guerard of Sallie Mae, +1-703-984-5621,
    beth.guerard@salliemae.com