Seth Gelber is the new president of First Marblehead

First Marblehead Corp., a Boston financial-services company specializing in student loans, said that its board of directors has appointed Seth Gelber president and chief operating officer, succeeding Daniel Meyers.

Meyers will continue to serve as the company’s chairman and CEO, the company said in a press release.

Gelber, 34, originally joined the capital markets group at First Marblehead in 2001.


“Seth Gelber has grown into this role through a dozen years of hard work,” Meyers said in a statement. “He has shown a keen interest in not just management but a granular understanding of all parts of this business. He is sharp as well as demanding, and we look forward to his further efforts helping us navigate our challenges and guide our growth.”

Chris Reidy can be reached at