Navient Corp at Credit Suisse Financial Services Forum Transcript
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Good morning, everyone. Thanks for joining us. I'm Moshe Orenbuch, specialty finance analyst here at Crédit Suisse and I'm very pleased to have with us the management of Navient. Navient has been with us at this conference every year that they've been around. And actually, I believe, announced the separation and formation of Navient at the conference a little while ago, probably 10 years ago, in fact.
Navient has been a leader in loan consolidation, has, in the last several years, also entered the in-school market, continues to work to further decrease its leverage, has been buying back stock, and has a large servicing and business processing business as well. So with us, we have CEO, Jack Remondi, who has been in the Navient damage predecessors for many, many years and like I said, someone with whom we've had a long-standing relationship. So, I think, Jack, first, welcome.
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