Printer Friendly

CLAIRE GAUDIANI, WILLIAM GRAY AND DANIEL KEARNEY ELECTED NEW MBIA DIRECTORS

 CLAIRE GAUDIANI, WILLIAM GRAY AND DANIEL KEARNEY
 ELECTED NEW MBIA DIRECTORS
 ARMONK, N.Y., May 7 /PRNewswire/ -- Three new directors were elected today to the MBIA Inc. (NYSE: MBI) board of directors at the company's annual meeting. The new directors are: Claire L. Gaudiani, president of Connecticut College; William H. Gray, III, former U. S. Congressman and president and chief operating officer of the United Negro College Fund, Inc; and Daniel P. Kearney, group executive in charge of investments and pension and financial services for Aetna Life and Casualty Company. All other MBIA Inc. directors standing for election were re-elected to the board.
 Gaudiani has been president of Connecticut College since 1988. Prior to that she served as the assistant director of the Joseph H. Lauder Institute for Management at the University of Pennsylvania. Gaudiani serves as a director of Southern New England Telephone Company, the American Council on Education and the National Collegiate Athletic Association President's Commission. A graduate of Connecticut College, she also received master's and doctorate degrees from Indiana University-Bloomington.
 Gray became president and chief operating officer of the United Negro College Fund in September 1991. He also serves as senior preaching minister of the Bright Hope Baptist Church in Philadelphia. During Gray's 13-year tenure in the House of Representatives, he became the first black member of Congress to hold a position in the House leadership. He is a director of Grumman Corporation, The Prudential Insurance Company of America, Scott Paper Company, Warner-Lambert Company, Westinghouse Electric Corporation and Union Pacific Corporation. Gray received his undergraduate degree from Franklin and Marshall College. He also received masters' degrees from Drew Theological Seminary and Princeton Theological Seminary.
 As group executive, investments for Aetna Life and Casualty Company, Kearney is responsible for managing the company's $92 billion investment portfolio as well as the Aetna Pensions and Financial Services unit. Prior to joining Aetna he was president and chief executive officer of the Resolution Trust Corporation Oversight Board. Previously, Kearney was a principal at Aldrich, Eastman & Waltch, Inc., a Boston-based pension fund advisor and a managing director of Salomon Brothers Inc. in charge of the mortgage finance and real estate finance departments. In addition, he has served as associate director of the Office of Management and Budget and as president of the Government National Mortgage Association. The new MBIA director received his undergraduate and master's degrees from Michigan State University. He was awarded a Doctor of Jurisprudence degree from the University of Chicago Law School.
 MBIA Inc., through its wholly-owned subsidiary, MBIA Corporation, is the leading insurer of municipal bonds, including new issues and bonds traded in the secondary market. MBIA has a claims-paying rating of Triple-A by Moody's Investors Service, Inc. and Standard & Poor's Corporation and municipal bonds insured by MBIA received these ratings.
 -0- 5/7/92
 /CONTACT: Michael C. Ballinger of MBIA, 914-765-3893/
 (MBI) CO: MBIA Inc. ST: New York IN: FIN SU: PER


SH -- NY060 -- 7603 05/07/92 11:53 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 7, 1992
Words:494
Previous Article:ST. GEORGE METALS REPORTS DISCOVERY OF NEW ORE SHOOT
Next Article:DRIVERS' UNION FAILS TO RATIFY CONTRACTS WITH THE NEW YORK TIMES
Topics:


Related Articles
MOODY'S RATES MBIA ASSURANCE S.A. CLAIMS-PAYING ABILITY 'Aaa'; MBIA INC. OPENS A SUBSIDIARY IN FRANCE
MBIA'S NEW FRENCH SUBSIDIARY RECEIVES TRIPLE-A RATINGS
MBIA ADOPTS SHAREHOLDERS' RIGHTS PLAN
MBIA PRESIDENT DAVID H. ELLIOTT BECOMES CHIEF EXECUTIVE OFFICER
JAMES E. MALLING ELECTED EXECUTIVE VICE PRESIDENT OF MBIA INC.
SNET NOMINATES NEW DIRECTOR, ELECTS SENIOR VICE PRESIDENT
MBIA INC. ELECTS DAVID H. ELLIOTT CHAIRMAN OF THE BOARD EFFECTIVE YEAR- END 1993
TWO MBIA SENIOR VICE PRESIDENTS, NEIL G. BUDNICK AND WILLIAM P. CONDON, NAMED TO NEW POSITIONS
MGIC Investment Shareholders Elect Five Directors; Ratify Independent Accountants for 1999.
Sam Rozzi Retires From Position as President/CEO of Warrick Industries.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters