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ECMC leadership
Challenging the student loan industry
to do more

ECMC’s executive leadership brings the spirit and tactics of entrepreneurship to the problems—and opportunities—in our nation’s system of higher education finance.

Richard J. Boyle, President and CEO of ECMC Group

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.

Before joining ECMC, Mr. Boyle held key management positions at Sallie Mae, including regional vice president posts in Kansas and Texas. 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.

Mr. Boyle has also provided private consulting services to the U.S. Department of Education, and was vice president of customer services at Aetna Retirement Services in Hartford, Connecticut.

Janice Hines, President and CEO of ECMC Guarantor

Ms. Hines is responsible for the management and coordination of all Federal Family Education Loan (FFEL) Program and guaranty agency program activities with clients and state partners.

Ms. Hines brings a wealth of operational and tactical experience to her position.

Before joining ECMC, Ms. Hines was the vice president of operations for HEAF, where she oversaw operations during its liquidation.

Greg Van Guilder, Chief Financial Officer

A 21-year veteran of higher education finance, Mr. Van Guilder has comprehensive expertise in student loan regulatory issues, federal reporting and student loan financial modeling. His innovative tools and systems provide critical financial and operational information to the CEO and executive management team.

Steven Wellvang, General Counsel

Mr. Wellvang manages ECMC’s legal department, provides legal strategy and directs all of ECMC’s legal work as well as compliance and regulatory programs. Mr. Wellvang is the secretary for the ECMC Board and is also responsible for the management of ECMC’s new business initiatives. Mr. Wellvang has practiced law within the student loan industry for over 15 years. His legal expertise and analytical skill are essential to ECMC’s success in the industry’s complex legal and regulatory environment.

Before joining ECMC, Mr. Wellvang was a corporate partner at Oppenheimer, Wolff & Donnelly in Minneapolis, where he practiced in corporate finance law, mergers and acquisitions, corporate governance and corporate law. Before joining Oppenheimer, he practiced for 10 years with Milbank, Tweed, Hadley & McCloy in New York.

March Kessler, Executive Director of ECMC Foundation

March Kessler has led ECMC Foundation since 2007. Ms. Kessler oversees all of ECMC Foundation’s outreach programs and initiatives—from developing nationally recognized curricula and implementing programs at The College Place, the Foundation's three free college access centers, to running the ECMC Scholars Program. Ms. Kessler joined ECMC Foundation in December 2002, following her first foray into nonprofit work with the Santa Fe Opera. Before entering the nonprofit world, Ms. Kessler served as senior vice president of Lorimar Television, a division of Time Warner, and in executive positions at Columbia Pictures and NBC. She has also worked in the entertainment industry as a writer and producer.

    I can't afford my payments, how can I lower them? Are there ways to get my loans forgiven or even canceled? I have missed several payments now what? I'm worried I won't be able to make my payment, what can I do? What if I don't pay?