Navient names Diane Offereins to its board
Diane E. Offereins has over 35 years of financial-services experience and serves on the boards of Lendbuzz, Flywire and Brighthouse Financial.
Rhea-AI Filing Summary
Navient Corporation appointed Diane E. Offereins to its board effective September 24, 2026. The board determined that she meets the qualifications of an independent director under Nasdaq rules and the company’s Corporate Governance Guidelines. As a non-employee director, she will participate in the compensation program described in Navient’s 2026 proxy statement.
Offereins has over 35 years of financial-services experience and currently serves on the boards of Lendbuzz, Flywire and Brighthouse Financial. She spent over 24 years with Discover Financial Services, where she served as Global Chief Information Officer and later as Executive Vice President, Payment Services. The appointment followed the retirement of a board member in June 2026.
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8-K Event Classification
2 items: 5.02, 8.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Financial-services experience: Over 35 years
Tenure at Discover Financial Services: Over 24 years
Board appointment effective date: September 24, 2026
3 metrics
Financial-services experience
Over 35 years
Diane E. Offereins
Tenure at Discover Financial Services
Over 24 years
Diane E. Offereins
Board appointment effective date
September 24, 2026
Diane E. Offereins
Key Terms
independent director, non-employee director, Audit Committee
3 terms
independent director regulatory
"qualifications of an independent director under Nasdaq Rule 5605(a)(2)"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
non-employee director regulatory
"As a non-employee director, Ms. Offereins will participate"
Audit Committee regulatory
"serve on the Company’s Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 24, 2026
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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ITEM 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
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On September 24, 2026, the Board of Directors (the “Board”) of Navient Corporation (the “Company”), upon the recommendation of
the Company’s Nominations and Governance Committee, unanimously appointed Diane E. Offereins to the Board effective September 24, 2026. The Board has affirmatively determined that Ms. Offereins meets the qualifications of an independent director
under Nasdaq Rule 5605(a)(2) and the Company’s Corporate Governance Guidelines. Navient is not aware of any transactions with Ms. Offereins that would require disclosure under Item 404(a) of Regulation S-K. Ms. Offereins will serve on the Company’s
Audit Committee and its Compensation and Human Resources Committee.
As a non-employee director, Ms. Offereins will participate in the Company’s compensation program for non-employee directors as
described under the caption "Director Compensation" in Navient’s 2026 Proxy Statement filed with the Securities and Exchange Commission.
The information contained in, or incorporated into, Item 8.01, including Exhibit 99.1 attached hereto, is being furnished and
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set
forth by specific reference in such filing.
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ITEM 8.01
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OTHER MATTERS
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On September 25, 2026, the Company issued a news release announcing the appointment of Diane E. Offereins to its Board of
Directors effective September 24, 2026. A copy of the news release is furnished herewith as Exhibit 99.1.
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9.01.
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Financial Statements and Exhibits.
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Exhibit No.
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Exhibit
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99.1
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News Release Dated September 24, 2026
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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NAVIENT CORPORATION
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By:
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/s/ Matthew Sheldon
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Name:
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Matthew Sheldon
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Title:
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Senior Vice President & General Counsel
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Date: September 25, 2026
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Exhibit 99.1
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NEWS RELEASE
For immediate release
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Navient names Diane Offereins as new board member
HERNDON, Va., September 25, 2026—Navient (Nasdaq: NAVI) has appointed Diane Offereins, a well-respected executive with over 35 years of experience in financial services, to the Navient board of directors, effective September 24, 2026.
“We are excited to have Diane join the Navient board and believe she is an excellent addition with her many years of experience in the financial services
industry and expertise in executive compensation, information technology and cybersecurity,” said Edward Bramson, CEO and chair of the Navient board of directors.
Offereins is currently serving on the boards of Lendbuzz, Flywire and Brighthouse Financial following over 24 years with Discover Financial Services where she
served as Global Chief Information Officer and completing her career as Executive Vice President, Payment Services. She graduated with a BBA in accounting from Loyola University in New Orleans.
This appointment comes after the retirement of a board member in June 2026.
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About Navient
Navient (Nasdaq: NAVI) creates long-term value for customers and investors with responsible lending, flexible refinancing, trusted
servicing oversight, and decades of education finance and portfolio management expertise. Through our Earnest business, we help customers confidently achieve financial success through digital financial services. Our employees thrive in a culture of
belonging, where they are supported and proud to deliver meaningful outcomes. Learn more on Navient.com.
Contact:
Media: Cate Fitzgerald, 703-831-6347, catherine.fitzgerald@navient.com
Investors: Micah Andrews, 571-415-5413, micah.andrews@navient.com
Roger Yankoupe, 571-592-8569, roger.yankoupe@navient.com
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