MILWAUKEE, Oct. 26,
2023 /PRNewswire/ -- MGIC Investment
Corporation (NYSE: MTG) today announced Michael (Mike)
Thompson has been elected to the Board of Directors
for MGIC Investment Corporation and its principal
subsidiary, Mortgage Guaranty Insurance
Corporation (MGIC). Mr. Thompson will be a member of each
Board's Risk Management Committee.
"We are pleased to welcome Mike to the Board," said Curt
Culver, the Chairman of MTG. "His business acumen,
entrepreneurship, and leadership coupled with in-depth operations
knowledge and experience make him a natural fit and we look forward
to his contributions."
Mike Thompson is the Chief
Executive Officer of Fair Oaks Foods, a food manufacturing company
of high-quality meats and non-meat proteins, a role he has held
since 2003. Prior to 2003, Mr. Thompson held several leadership
roles at McDonald's Corporation in operations and supply chain
management.
Mr. Thompson has served on the Board of Hinsdale Bank and Trust,
a Wintrust Bank, since 2014. He is also a member of the Board of
Trustees at Cornell University, the
Ronald McDonald House Global Board of Directors, and is a member of
the Kenosha Area Business Alliance.
About MGIC
Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com),
the principal subsidiary of MGIC Investment Corporation,
serves lenders throughout the United States, Puerto Rico,
and other locations helping families achieve homeownership sooner
by making affordable low-down-payment mortgages a reality through
the use of private mortgage insurance.
From time-to-time MGIC Investment Corporation releases
important information via postings on its corporate website, and
via postings on MGIC's website, and it intends to continue to do so
in the future. Such postings include corrections of previous
disclosures and may be made without any other disclosure. Investors
and other interested parties are encouraged to enroll to receive
automatic email alerts and Really Simple Syndication (RSS) feeds
regarding new postings. Enrollment information for MGIC
Investment Corporation alerts can be found
at https://mtg.mgic.com/shareholder-services/email-alerts. For
information about our underwriting and rates,
see https://www.mgic.com/underwriting.
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SOURCE MGIC Investment Corporation