Core Viewpoint - Tim Tewes, president and CEO of Nelnet Business Services, will retire in June 2026 after over 25 years with the company, marking a significant leadership transition for Nelnet [1]. Group 1: Leadership and Tenure - Tewes joined Nelnet in 2005 after the acquisition of FACTS Management, where he was Executive Vice President [2]. - He became CEO of Nelnet Business Services in 2007 and was appointed president of Nelnet in 2014 [2]. - His leadership has been instrumental in Nelnet's growth and diversification, including strategic acquisitions and product expansion [2]. Group 2: Achievements and Impact - Under Tewes' leadership, FACTS and Nelnet Campus Commerce emerged as market leaders in education payment solutions [3]. - Nelnet successfully launched Nelnet Bank, a significant milestone in the company's consumer lending strategy [3]. - Tewes is recognized for his thoughtful approach and integrity, leaving a lasting impact on the company [3].