MGIC Investment Corporation (MTG)

14.17 -0.12 (-0.84%) At close: 04:00PM EST

MGIC Investment Corporation

MGIC Plaza
250 East Kilbourn Avenue
Milwaukee, WI 53202
United States
414 347 6480
https://mtg.mgic.com

Sector(s): Financial Services
Industry: Insurance—Specialty
Full Time Employees: 711

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Timothy James Mattke	CEO & Director	2.79M	N/A	1976
Mr. Salvatore Antonino Miosi	Pres & COO	2.03M	N/A	1968
Mr. Nathaniel Howe Colson	Exec. VP & CFO	1.11M	N/A	1984
Ms. Paula Christine Maggio	Exec. VP, Gen. Counsel & Sec.	1.35M	N/A	1969
Mr. James Jeffrey Hughes	Exec. VP of Sales & Bus. Devel. of MGIC	1.39M	N/A	1963
Ms. Julie Kay Sperber	VP, Controller & Chief Accounting Officer	N/A	N/A	1974
Ms. Dianna L. Higgins	Sr. VP of Investor Relations	N/A	N/A	N/A
Ms. Annette M. Adams	Sr. VP & Chief HR Officer of MGIC	N/A	N/A	N/A
Mr. Steven Mark Thompson	Exec. VP & Chief Risk Officer of MGIC	N/A	N/A	1963
Mr. Robert J. Candelmo	Sr. VP & Chief Information Officer of MGIC	N/A	N/A	1964

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Corporate Governance

MGIC Investment Corporation’s ISS Governance QualityScore as of February 1, 2023 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.