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Nelnet Executive Compensation

NNI · Finance · FY2025 Data

Nelnet is a publicly traded company in the Finance sector.

Total Exec Pay FY2025
$6.0M
Highest Paid Executive
$1.2M
Executives Tracked
6
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Data available:FY2025FY2024FY2023

Named Executive Officers — FY2025

ExecutiveYearBaseStockTotal Pay
Jeffrey R. Noordhoek
Chief Executive Officer
FY2025$906,921$1.2M
Terry J. Heimes
Chief Operating Officer
FY2025$906,921$1.2M
James D. Kruger
Chief Financial Officer
FY2025$906,921$1.2M
Timothy A. Tewes
President
FY2025$906,921$1.2M
DeeAnn K. Wenger
President Nelnet Business Services
FY2025$500,345$1.0M
Matthew W. Dunlap
Executive Officer
FY2023$300,000$300,000

Compensation Analysis

Computed directly from SEC-sourced figures tracked on this page — not a general description.

Nelnet discloses FY2025 compensation for 6 named executive officers, totaling $6.0M. Jeffrey R. Noordhoek, the Chief Executive Officer, accounts for 20% of that combined total.

Jeffrey R. Noordhoek's total compensation rose 36% year-over-year, from $870,000 in FY2024 to $1.2M in FY2025.

Cash compensation (salary plus bonus) made up 73% of Nelnet's FY2025 tracked executive pay, with stock awards accounting for 0%.

Among 115 other Finance companies in this dataset, Nelnet's combined tracked executive pay of $6.0M ranks in the 33th percentile (industry median: $9.6M). Its highest-paid executive, Jeffrey R. Noordhoek, ranks in the 20th percentile for top-executive pay in the sector (industry median: $4.9M).

Historical Compensation Data

ExecutiveYearBaseStockTotal
FY2025$906,921$1.2M
FY2025$906,921$1.2M
FY2025$906,921$1.2M
FY2025$906,921$1.2M
FY2025$500,345$1.0M
FY2024$870,000$870,000
FY2024$870,000$870,000
FY2024$870,000$870,000
FY2024$870,000$870,000
FY2024$468,000$568,041
FY2023$854,501$1.4M
FY2023$854,501$1.4M
FY2023$854,501$1.4M
FY2023$854,501$1.4M
FY2023$300,000$300,000
Data Source: Compensation figures are sourced from Nelnet's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive. See something wrong? Report it.
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