Enact Announces Changes to its Board of Directors
11 Março 2025 - 5:15PM
Enact Holdings, Inc. (Nasdaq: ACT)
(Enact) today announced that it has appointed H.
Elizabeth (Liz) Mitchell as an Independent Director to serve on
Enact’s Board of Directors, effective March 11, 2025. She has also
been appointed as a member of the Audit Committee. In addition, the
company announced that Anne G. Waleski has made the decision not to
stand for re-election at the 2025 Annual Shareholder Meeting on May
14, 2025. As a result of these actions, Enact’s Board will
temporarily increase in size from eleven to twelve directors until
the company’s 2025 Annual Shareholder Meeting.
Ms. Mitchell brings deep financial, industry and public company
experience to the Enact Board. She has served as an independent
director of Selective Insurance Group, Inc. since 2018, and as
chair of its audit committee since 2021. She has also served as an
independent director of Principal Financial Group, Inc. since
2022. Ms. Mitchell previously served as an independent
director of StanCorp Financial Group, Inc. from 2017 to 2022,
chairperson of the board of Weston Insurance Holdings from 2020 to
2022, and member of the board of advisors of Hudson Structured
Capital Management Ltd. from 2018 to 2024. Ms. Mitchell was
Chief Executive Officer of Renaissance U.S. Inc., and its
predecessor Platinum Underwriters Reinsurance, Inc., from 2007, and
the company’s President from 2005, until her retirement in
2016.
Ms. Mitchell is a Fellow of the Casualty Actuarial Society and a
Member of the American Academy of Actuaries. She is a National
Association of Corporate Directors (NACD) Certified Director and
has earned the CERT Certificate in Cybersecurity Oversight from
Carnegie Mellon University. Ms. Mitchell holds a B.A. from the
College of the Holy Cross, Worcester, MA.
Dom Addesso, Chairperson of the Enact Board commented, “We are
thrilled to welcome Liz to our Board of Directors, I look forward
to working with her and know that the board will benefit from her
deep financial expertise and industry experience. I am confident
that her insights will contribute to the growth of our business and
create long-term value for our shareholders.”
Ms. Waleski has served as a member of Enact’s Board of Directors
since 2021. She will continue to serve as Audit Committee
Chairperson and as a member of the Nominating & Corporate
Governance Committee until the company’s 2025 Annual Shareholder
Meeting. Ms. Waleski’s decision is not the result of any
disagreement with Enact on any matter relating to Enact’s
operations, policies, or practices.
Mr. Addesso added, “On behalf of the entire Board, I would like
to thank Anne for her service and dedication to Enact. We
appreciate the contributions and insights she’s provided since
joining the Board and wish her the best in her future
endeavors.”
About EnactEnact (Nasdaq: ACT), operating
principally through its wholly-owned subsidiary Enact Mortgage
Insurance Corporation since 1981, is a leading U.S. private
mortgage insurance provider committed to helping more people
achieve the dream of homeownership. Building on a deep
understanding of lenders' businesses and a legacy of financial
strength, we partner with lenders to bring best-in class service,
leading underwriting expertise, and extensive risk and capital
management to the mortgage process, helping to put more people in
homes and keep them there. By empowering customers and their
borrowers, Enact seeks to positively impact the lives of those in
the communities in which it serves in a sustainable way. Enact is
headquartered in Raleigh, North Carolina.
This press release was published by a CLEAR® Verified
individual.
Investor Contact
Daniel Kohl
EnactIR@enactmi.com
Media Contact
Sarah Wentz
Sarah.Wentz@enactmi.com
Enact (NASDAQ:ACT)
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