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PR Newswire·

Nelnet Announces Retirement of President Tim Tewes

  • Tim Tewes, president of Nelnet & CEO of Nelnet Business Services, will retire in June 2026 after over 25 years of service.
  • Tewes joined Nelnet in 2005 following the acquisition of FACTS Management, where he previously served as Executive Vice President.
  • He became CEO of Nelnet Business Services in 2007 & assumed the role of Nelnet President in 2014.
  • His tenure included leading strategic acquisitions, expanding product offerings, & driving Nelnet Bank launch.
  • Under his leadership, FACTS & Nelnet Campus Commerce became market leaders in education payment solutions.
  • Mike Dunlap, executive chairman of Nelnet, praised Tewes's thoughtful approach & integrity.
  • Tewes will continue to serve on the Nelnet Bank Board of Directors following his retirement.