Financial Services >> CEO Interviews >> November 29, 2004

CHERYL WATSON – NELNET INC (NNI)

CHERYL E. WATSON was recently named Chief Communications Officer of Nelnet, Inc. Ms. Watson has served as Nelnet's Executive Director in charge of Investor Relations since April 2002 and is based at Nelnet's Indianapolis, Indiana, office. Ms. Watson provides executive leadership to the company's Government and Industry Relations, led by Mr. Paul Tone, Managing Director, as well as Corporate Communications, led by Ms. Sheila Odom, Director. She also continues to lead the company's international investor relations efforts, strategic planning, and capital markets initiatives. In addition, she serves as the company's site executive for the Indianapolis office, and also provides oversight to the company's subsidiaries GuaranTec and Premiere Credit. Ms. Watson has an extensive background in developing, negotiating, and managing financial instruments. Formerly employed with Sallie Mae, Inc., and USA Group, Inc., she has held financial service positions in education lending and private industry for over 20 years. At Sallie Mae, Ms. Watson held several high profile positions before becoming President and Chief Financial Officer of USA Group Secondary Market Services and concurrently serving as Vice President and Treasurer of Sallie Mae Servicing, LLP. Ms. Watson is a graduate of Indiana University and holds a Bachelor of Science degree with a major in Accounting. She is a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants, the Indiana CPA Society, and the National Investor Relations Institute. Ms. Watson currently serves on the Board of Directors for the Greater Indianapolis Area YMCA, is a Board member for Junior Achievement Experiencial Learning & Entrepreneurship Foundation, and serves on Indiana Wesleyan University PACE. She is also Treasurer for the Riverview Hospital Foundation. She earned a BS degree from Indiana University in 1985 and is a Certified Public Accountant. Profile
TWST: What is Nelnet?

Ms. Watson: We are one of the leading education finance companies in the

United States, and we are focused on providing quality student loans,

products and services to