Sallie Mae Announces New COO and other Officers for Debt Collection Unit

RESTON, VA – SLM Corporation, commonly known as Sallie Mae and the nation’s leading provider of education funding, today announced the following promotions:

Paul Mayer was promoted to senior vice president, corporate development. Mayer leads the company’s strategic planning and acquisitions, as well as government and industry affairs and the Sallie Mae Bank. Mayer joined Sallie Mae in 2001 after serving as a management consultant with Towers Perrin and Alliance Consulting Group in Boston. He received a master’s degree in business administration from the Wharton School and a bachelor’s degree in history from Cornell University. He is based in Reston, Va.

Rob Meck was promoted to senior vice president and chief operating officer for debt management operations. Meck oversees the operations of Pioneer Credit Recovery, General Revenue Corporation, Student Assistance Corporation and Private Credit Collections. He joined Sallie Mae in 2004 from GC Services, a Houston-based collection agency. Prior to that, Meck worked at USA Group, where he managed default prevention, collection, claim management and portfolio operations. Meck received a bachelor’s degree from the University of Pittsburgh and is based in Fishers, Ind.

Brian Burgess was promoted to vice president, finance and information research. Burgess leads the finance department for the servicing and sales marketing division. Prior to joining Sallie Mae in 2000, Burgess was a director of secondary market services at USA Group. He received both a master’s degree in business administration and a bachelor’s degree in health administration from Indiana University. He is based in Fishers, Ind.

Mark Daly was promoted to vice president, corporate finance. Daly coordinates and schedules the company’s asset-backed security transaction activities and leads the inter-company loan-sale process. Daly joined Sallie Mae in 1992 as a public finance specialist. He holds a master’s degree in business administration from the University of Maryland and a bachelor’s degree in economics from Brown University. Daly is based in Reston, Va.

Cheri Dayton was promoted to vice president, systems development. Dayton is responsible for information technology teams within FFELP loan originations, guarantee processing, disbursement processing, and customer information support, loan origination software releases and other system upgrade projects. She joined USA Group in 1991 and earned an associate’s degree in computer programming from Indiana Vocational Technical College. Dayton is based in Fishers, Ind.

Mark L. Heleen was promoted to vice president and associate general counsel. Heleen supports the company’s corporate finance department on financial transactions. Prior to joining Sallie Mae in 1998, Heleen worked as an attorney for PNC Bank and Tucker Arensberg, PC in Pittsburgh. He obtained his law degree at the University of Pittsburgh School of Law and a bachelor’s degree from Bucknell University. Heleen is based in Reston, Va.

Yuh-Mei Jong Chang was promoted to vice president and chief information officer for debt management operations. Chang is responsible for information services and technology across General Revenue Corporation, Pioneer Credit Recovery, Student Assistance Corporation and Portfolio Management. She joined USA Group in 1985. Chang holds master’s degrees in computer science and psychology from Indiana University and Northern Illinois University, respectively, and a bachelor’s degree from National Taiwan University in Taipei, Taiwan. She is based in Fishers, Ind.

Ted Morris was promoted to vice president, accounting policy and capital markets accounting. Morris is responsible for corporate accounting policy and the accounting of the company’s debt, derivative, investment and securitization activities. He joined Sallie Mae in 2003 after serving as senior audit manager at Ernst & Young LLP. A certified public accountant, Morris holds a bachelor’s degree in accounting from the University of Virginia and is based in Reston, Va.

Tim Morrison was appointed vice president of Sallie Mae’s federal government relations. Prior to joining the company, he worked at Clark and Weinstock in Washington, D.C., where he lobbied on behalf of numerous Fortune 500 clients. Morrison earned a bachelor’s degree in political science from Dickinson College and is based in Washington, D.C.

Maja Teeples was promoted to vice president, debt management operations finance. Teeples heads financial operations and portfolio management for the DMO organization. She joined Sallie Mae in 2002 and holds a master’s degree in business administration from the University of Chicago and a bachelor’s degree in business administration from the University of Oklahoma. Teeples is based in Reston, Va.

SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation’s No. 1 paying-for-college company, managing more than $116 billion in student loans for 8 million borrowers. Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE) and terminated all ties to the federal government in 2004. The company remains the country’s largest originator of federally insured student loans. Through its specialized subsidiaries and divisions, Sallie Mae also provides debt management services as well as business and technical products to a range of business clients, including colleges, universities and loan guarantors. More information is available at http://www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.