LINCOLN, Neb., March 23, 2020 /PRNewswire/ — Nelnet (NYSE: NNI) introduced right this moment that its Board of Administrators appointed JoAnn M. Martin, vice chair of the Ameritas Mutual Holding Firm and Ameritas Life Insurance coverage Corp., to the board.
“We’re very lucky so as to add JoAnn Martin to our board along with her spectacular credentials and wealth of expertise,” mentioned Mike Dunlap, government chairman of Nelnet. “JoAnn can be an incredible asset to Nelnet and our long-term success along with her monetary experience and insights from main a big group.”
Martin acquired a Bachelor’s and Grasp’s diploma in Enterprise Administration from the College of Nebraska – Lincoln and Colorado State College, respectively. She joined Ameritas as a supervisor of the audit division in 1984 and held quite a few senior roles throughout the Ameritas group, together with government vp, chief monetary officer, and chief working officer. JoAnn grew to become chief government officer of the Ameritas Mutual Holding Firm in 2009 and retired in January 2020. She additionally served as president of the holding firm from 2009 to 2017 and chair of the Ameritas Life Insurance coverage Corp. from 2008 to January 2020.
Martin is dedicated to neighborhood service, and has served on the board of the Lincoln Chamber of Commerce, the St. Elizabeth Group Well being Heart, and plenty of different charities and organizations and presently serves on the board of the Lincoln Group Basis and the College of Nebraska Basis. She is the second girl within the 113-year historical past of the American Council of Life Insurers to function chairperson. She has additionally been honored as Rotary Nebraskan of the 12 months, Encourage Awards Lady of the 12 months, an inductee to the Nebraska Enterprise Corridor of Fame, and extra.
On March 20, 2020, Michael D. Reardon notified the corporate of his resignation from the board to concentrate on different enterprise commitments. Reardon has served as a member or the Nelnet Board of Administrators since December 2003.
“I would wish to thank Mike for his vital contributions to Nelnet’s board,” mentioned Dunlap. “He has been with us from the early days of the corporate earlier than our preliminary public providing and I appreciated his smart counsel and friendship through the years. We want him the easiest sooner or later.”
Nelnet (NYSE: NNI) is a diversified and modern firm centered on providing instructional companies, know-how options, telecommunications, and asset administration. Nelnet helps college students and households plan and pay for his or her schooling and makes the executive processes for faculties extra environment friendly with pupil mortgage servicing, tuition cost processing, and college administration software program. By means of its subsidiary, ALLO Communications, Nelnet presents fiber optic companies on to properties and companies for ultra-fast web and superior phone and tv companies. The corporate additionally makes investments in actual property and early-stage and rising development firms. For extra data, go to Nelnet.com.
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