Navient Receives Distinction for Board Diversity Leadership
Navient Achieves Recognition for Diversity in Leadership
HERNDON, Va. — Navient (Nasdaq: NAVI) has recently been celebrated as a Champion of Board Diversity by The Forum of Executive Women. This prestigious recognition highlights Navient's commitment to promoting gender diversity within corporate leadership. For the 11th time, Navient has received this honor, reflecting its ongoing dedication to ensuring 30% or more of its board positions are held by women.
The Importance of Diversity in Boardrooms
Diverse boards are not just a benchmark for equality but also a factor that drives better business outcomes. Companies with diverse leadership can better represent the interests of a broader spectrum of stakeholders. The Forum of Executive Women's annual Women in Leadership Report underscored this significant trend. This year's report revealed a record number of companies, 54 in total, receiving the title of Champions of Board Diversity, marking a significant increase of 46% over the past two years.
Celebratory Event Highlights
The Champions of Board Diversity were recognized during a significant event held recently, where speakers addressed the theme of Women, Wealth, and Power: The Great Wealth Transfer. This gathering not only celebrated achievement but also focused on the critical role women play in shaping the future of leadership and economic landscapes. Events like these foster connections and empower women to wield influence in their respective fields.
About Navient's Mission
Navient (Nasdaq: NAVI) is deeply committed to helping students and families navigate the complexities of higher education financing. Its mission revolves around offering responsible lending practices, flexible refinancing options, and reliable servicing. With decades of experience in managing educational loans, Navient aims to create long-term value for both customers and investors.
Creating a Culture of Belonging
Navient prides itself on fostering a culture where diversity and inclusion are intrinsic to its workplace ethos. Employees are encouraged to engage with their unique perspectives, creating a rich environment where everyone feels valued and heard. This culture not only enhances employee satisfaction but also drives meaningful outcomes in service to customers.
Understanding The Forum of Executive Women
The Forum of Executive Women represents a diverse network of over 600 women leaders across various sectors contributing to the Philadelphia region's economy. Since its inception in 1977, the organization has consistently worked toward advancing women's leadership roles, sharing experiences that help navigate the obstacles often faced by women in leadership positions.
Expanding the Impact of Women
Through various initiatives, The Forum strives to amplify women's impact within workplaces and the wider community. As the membership has grown, so has the organization’s mission, which is focused on nurturing and harnessing the potential of women's leadership.
Contact Information
For any media inquiries related to Navient, please contact:
Cate Fitzgerald
Phone: 703-831-6347
Email: catherine.fitzgerald@navient.com
For investor inquiries, please reach out to:
Jen Earyes
Phone: 571-592-8582
Email: jen.earyes@navient.com
Frequently Asked Questions
What does it mean to be a Champion of Board Diversity?
This designation recognizes companies that have a large percentage of women on their boards, promoting gender diversity in corporate leadership.
How many times has Navient received this recognition?
Navient has been recognized as a Champion of Board Diversity for the eleventh time.
What is the significance of the Women in Leadership Report?
This report provides insightful data on the representation of women in leadership and board positions among top companies, showcasing trends and benchmarks for progress.
What are Navient’s main services?
Navient provides responsible lending, refinancing options, and loan servicing aimed at assisting students and families with managing education costs effectively.
How does Navient support employee inclusion?
Navient fosters a workplace culture that emphasizes belonging, where diverse perspectives are valued and everyone is empowered to contribute meaningfully.
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