Richard Boyle

As President and CEO of ECMC, Richard J. Boyle leads an entrepreneurial culture driven to improve higher education finance. Mr. Boyle’s innovative vision coupled with his expertise in finance, business operations and marketing have transformed ECMC into a national presence in higher education finance. His leadership has led to many corporate successes, including the seamless transitions of the student loan portfolios of the guaranty agencies in Oregon, Connecticut and California at the request of the U.S. Department of Education; the sustaining support for the Louisiana guaranty agency following Hurricanes Katrina and Rita; and the recovery of over $2.3 billion in student loan bankruptcy accounts for return to the U.S. Treasury. He established ECMC Foundation in 2001 to assist low-income, first-generation students pursue higher education through college access, retention and success programs, and scholarships. Before joining ECMC in 1999, Mr. Boyle held key management positions at Sallie Mae, including regional vice president posts in Kansas and Texas, where he won the state's Malcolm Baldridge Award. He also led Sallie Mae’s joint effort with the U.S. government to liquidate the Higher Education Assistance Foundation (HEAF) guaranty agency, which returned over $335 million to the U.S. Treasury. Following his tenure at Sallie Mae, Mr. Boyle served as vice president of customer service at Aetna Retirement Services in Hartford, Connecticut.