Navient (NASDAQ:NAVI) announced today that Edward Bramson, chair of Navient's Board of Directors, will be appointed CEO of Navient, effective June 5, 2026.

As Navient continues with the next phase of its transformation, David Yowan will transition out of his role as president and CEO in June. He will remain a member of Navient's Board of Directors, on which he has served since April 2017, and will continue to guide Navient's growth and direction.