Reston, Va. -- SLM Corp., better known as Sallie Mae, the largest U.S. college student loan company, appointed Anthony Terracciano as board chairman Monday.
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Albert Lord was named vice chairman of the board and continue as chief executive officer, the Reston, Va., company said in a news release. In addition, it named former executive John Remondi vice chairman and chief financial officer.
"In a variety of chief executive and board leadership roles, Mr. Terracciano has a long and successful track record of delivering on his commitments to shareholders," Lord said.
Remondi joined Sallie Mae in 1999 and played a key role in the company's transition from a government-sponsored entity to a private organization.
Remondi's most recently was portfolio manager at Par Capital Management, an investment management company based in Boston.
Copyright 2008 by United Press International.