This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nelnet Appoints Mike Dunlap Executive Chairman And Jeff Noordhoek CEO

LINCOLN, Neb., Nov. 14, 2013 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced that its Board of Directors approved the appointment of Mike Dunlap as Executive Chairman of the Board and Jeff Noordhoek as Chief Executive Officer (CEO), effective January 1, 2014.

As Executive Chairman, Dunlap will assume a new full-time role with special emphasis on deploying capital, strategic initiatives, asset management and diversification into new ventures.  Dunlap has served as Chairman and CEO of the company (co-CEO with current Vice-Chairman Steve Butterfield from 2003-2007), since its inception in 1996.

"For the past several years, I've had the privilege of serving as both Chairman and CEO," said Dunlap. "With our growth and the increasing complexity in our businesses, we believe the time is right to separate these roles. We have a bright future ahead of us and my new role will allow me to focus on our strategic direction and deployment of capital."

In connection with Dunlap's appointment, Noordhoek will be appointed CEO. As CEO, Noordhoek will lead the development and execution of Nelnet's short- and long-term strategy and be responsible for day-to-day management decisions and operations.

Noordhoek has been a part of Nelnet since it started and has been taking on additional responsibilities over the past several years. Noordhoek has served as Nelnet President since 2006 and Executive Director and Capital Markets Officer from 2002  to 2005.

"We're excited to welcome Jeff to his new role," said Dunlap. "He's been here from the beginning and has been instrumental to our success in so many areas. We look forward to his ongoing leadership and delivering long-term success."

Commenting on his appointment, Noordhoek said: "I'm honored and excited to be taking on this new role. I look forward to continuing our success and working with Nelnet's dedicated and talented associates at all levels to serve our customers with innovative education products and services."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs