Sallie Mae (NYSE:SLM), the nation’s leading saving- and paying-for-college company, today announced the appointment of Kenneth Fischbach as senior vice president, corporate finance.

In this role, Fischbach will oversee the company’s debt investor relations. Previously, he served as managing director at Residential Capital LLC, one of the largest mortgage originators and servicers in the country, where he managed investor relations strategy. Prior to that, Fischbach served for 11 years at MBNA in a variety of finance and treasury management roles, including senior vice president for fixed income investor relations. Fischbach received a Bachelor of Science degree in finance and marketing from the University of Baltimore and a Master of Science degree in finance from Johns Hopkins University.

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 nearly $172 billion in education loans and serves 10 million student and parent customers. Through its Upromise affiliates, the company also manages more than $19 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 9 million members and $450 million in member rewards. 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 www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Sallie Mae
Tom Joyce (Media)
703-984-5610
or
Steve McGarry (Investors)
703-984-6746