Edward R. Schmidt is President & CEO of Silver Creek Partners, LLC, based in suburban Indianapolis, Indiana. He is a retired partner of the Indianapolis based law firm Krieg, DeVault, LLP, a former Executive Vice President of Sallie Mae, Inc., and the former Executive Vice President, General Counsel and Secretary of USA Group, Inc.
Mr. Schmidt joined USA Group in 1991. He was elected to USA Group’s Board of Directors in 1993 and USA Funds’ Board of Trustees in 1996. He was a director and trustee until July 31, 2000. Mr. Schmidt was reelected to the Strada Education Board in 2001. Ed served as Strada’s Board Chairman from 2017-2020, while currently serving on the Compensation and Governance Committees. He previously served as President of Commonwealth Title Services of Indiana, Inc., and Senior Vice President, General Counsel and Secretary of Wainwright Financial Corporation. He received a B.S. from Susquehanna University, a J.D. from the University of Notre Dame and is licensed to practice law in the states of Indiana, Michigan, and Pennsylvania. Mr. Schmidt is a member of the Indiana, and Indianapolis Bar Associations and a Distinguished Fellow of the Indianapolis Bar Foundation.
Mr. Schmidt serves as Vice Chair of the Board of Trustees of Susquehanna University, Chair of Healthcare Initiatives, Inc., and a member of the Board of Indiana Hemophilia & Thrombosis Center. Additionally, he is a member of the Board of Chancellors of the Indiana State Chapter of the Juvenile Diabetes Research Foundation, as well as the Law Advisory Council of the Notre Dame Law School. He was a member of the Lumina Foundation for Education Board of Directors from 2001 to 2009.
He resides in suburban Indianapolis.