April 18, 2014, 5:06 PM ET<br /><br />CFO Moves: Sallie Mae, Chase Corp.<br /><br />SLM Corp., a student loan provider and collector based in Newark, Del., named Steven McGarry as finance chief of the forthcoming holding company for Sallie Mae Bank. Mr. McGarry will assume that role when SLM separates its consumer banking division, to be known as Sallie Mae, from its loan management business, to be known as Navient. Mr. McGarry was previously senior vice president of corporate finance at SLM. He will replace Joseph DePaulo, SLM’s executive vice president of banking and finance. Mr. DePaulo received compensation valued at $3.6 million in 2013, according to Sallie Mae’s preliminary proxy statement. Mr. McGarry will receive a salary of $375,000, the opportunity for a bonus targeted at 125% of his salary, and an equity grant next year valued at $400,000, according to a regulatory filing.<br /><br />Chase Corp., an industrial and construction materials maker based in Bridgewater, Mass., filed notice with the SEC that its CFO, Kenneth Dumas, will leave the company, effective Sept. 1. The company said Mr. Dumas’s departure did not result from internal disagreement at the company. Mr. Dumas told CFO journal he could not disclose where he would be going after Chase and said that the company had not yet determined his successor.  He received compensation valued at $466,344 in 2013, according to a proxy filing.<br /><br />