“We look at the services component of our business as business lines that have strong opportunity to grow and actually to expand organically into other asset classes as well.”—Jack Remondi, ceo at Sallie Mae, on the company’s plans to expand into other kinds of lending as it splits up into two separate shops over the next year. Remondi will head up the student loan management spinoff, NewCo.
“We look at the services component of our business as business lines that have strong opportunity to grow and actually to expand organically into other asset classes as well.”