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MGIC names Paula C Maggio and EVP of Law and general counsel and secretary.

M2 EQUITYBITES-July 13, 2018-MGIC names Paula C Maggio and EVP of Law and general counsel and secretary

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MGIC Investment Corporation (NYSE:MTG) disclosed on Thursday that Paula C Maggio will join as executive vice president (EVP) of Law, as of 16 July 2018.

Maggio is also slated to take over as the company's general counsel and secretary when Jeffrey Lane retires from those positions. Maggio will hold the same offices with MTG's principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).

With over two decades of experience in legal and corporate governance, Maggio most recently was EVP, general counsel and secretary for Retail Properties of America Inc, in Oak Brook, Illinois, USA. She has also served in various leadership roles with Strategic Hotels & Resorts Inc, in Chicago, where she served as a trusted adviser to the chief executive officer and board of directors, consulting on business objectives, strategy, corporate affairs, transactions and personnel matters.

The principal subsidiary of MGIC Investment, MGIC serves lenders in the US, Puerto Rico and other locations, helping families own homes through affordable low-down-payment mortgages. MGIC had USD200.7bn of primary insurance in force at 30 June 2018.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U3IL
Date:Jul 13, 2018
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