Board of Directors
Daniel A. ArrigoniDirector
Daniel A. Arrigoni, a director since 2013, was President and Chief Executive Officer of U.S. Bank Home Mortgage Corp., one of the largest originators and servicers of home loans in the U.S., when he retired in early July 2013. Until his retirement, he also was an Executive Vice President of U.S. Bank, N.A. Mr. Arrigoni led the mortgage company for U.S. Bank and its predecessor companies since January 1996. Mr. Arrigoni is a member of the Board of Directors of the National Mortgage Bankers Association and has over 40 years of experience in the banking and home mortgage industries.
Cassandra Carr, a director since 2013, is currently a consultant. She was Global Vice Chair of Talent at Hill+Knowlton Strategies before leaving in 2012, and spent nine years as a Senior Advisor for Public Strategies, Inc., both of which firms provide public relations services. Prior to joining Public Strategies, Ms. Carr held various senior-level positions with SBC Communications, Inc., which during her tenure became one of the world's largest telecommunications companies, including Senior Executive Vice President, External Affairs, Senior Vice President, Human Resources, and Senior Vice President – Finance and Treasurer.
C. Edward ChaplinDirector
C. Edward Chaplin, a director since 2014, has been President and Chief Financial Officer at MBIA Inc., a provider of financial guarantee insurance and the largest municipal bond-only insurer, since 2008. In March 2016, Mr. Chaplin relinquished that position and will remain with MBIA as an Executive vice President until January 1, 2017. He served as a member of MBIA's Board of Directors from 2003 until 2006, when he left to become Chief Financial Officer of that company. Prior to joining MBIA, Mr. Chaplin was Senior Vice President and Treasurer of Prudential Financial Inc., a firm he joined in 1983 and for which he held various senior management positions, including regional Vice President of Prudential Mortgage Capital Company.
Curt S. CulverNon- Executive Chairman and Chief Executive Officer
Curt S. Culver is non-executive Chairman of MGIC Investment Corporation. Mr. Culver's career spans more than 25 years in the PrivateMI business. He joined MGIC in 1982. In 1996, he became President and Chief Operating Officer of MGIC, and on January 1, 2000, he became Chief Executive Officer at MGIC Investment. Upon his retirement on March 1, 2015, Mr. Culver became non-executive chairman. He is a graduate of the University of Wisconsin - Madison, earning both a BA and MS with honors in Real Estate Finance and Urban Land Economics.
Timothy A. HoltDirector
Timothy A. Holt, a director since 2012, was an executive committee member and Senior Vice President and Chief Investment Officer of Aetna, Inc., a diversified health care benefits company, when he retired in 2008 after 30 years of service. From 2004 through 2007, he also served as Chief Enterprise Risk Officer of Aetna. Prior to being named Chief Investment Officer in 1997, Mr. Holt held various senior management positions with Aetna, including Chief Financial Officer of Aetna Retirement Services and Vice President, Finance and Treasurer of Aetna. Mr. Holt served as a consultant to Aetna during 2008 and 2009 and currently provides investment consulting services to other insurance companies. Since 2008, Mr. Holt has served as a director of Virtus Investment Partners, Inc. Mr. Holt has been designated as a Chartered Financial Analyst from the CFA Institute, a global association of investment professionals. Mr. Holt brings to the Board investment expertise, skill in assessing and managing investment and credit risk, broad-based experience in a number of areas relevant to our business, including insurance, and senior executive experience gained at a major public insurance company.
Kenneth M. JastrowDirector
Kenneth M. Jastrow, II, a director since 1994, currently serves as our Lead Director. During 2000 - 2007, Mr. Jastrow served as Chairman and Chief Executive Officer of Temple-Inland Inc., a paper and forest products company, which during Mr. Jastrow’s tenure also had interests in real estate and financial services. Mr. Jastrow is a director of KB Home and Genesis Energy, LLC, the general partner of Genesis Energy, LP, a publicly-traded master limited partnership. He served as non-executive Chairman of the Board of Forestar Group Inc., which is engaged in various real estate and natural resource businesses, from 2007 until September 2015, and was a director of that company through the end of 2015.
Michael E. LehmanDirector
Michael E. Lehman, a director since 2001, is currently the interim vice chancellor for finance and administration for the University of Wisconsin, a role he assumed in March 2016. He was the interim Chief Financial Officer at Ciber Inc., a global information technology company, from September 2013 until February 2014. He was the Chief Financial Officer at Arista Networks, a cloud networking firm, from September 2012 through July 2013, and Chief Financial Officer of Palo Alto Networks, a network security firm, from April 2010 until February 2012. Prior to that, he was the Executive Vice President and Chief Financial Officer of Sun Microsystems, Inc., a provider of computer systems and professional support services, from February 2006 to January 2010, when Sun Microsystems Inc. was acquired by Oracle Corporation. From July 2000 until his initial retirement in September 2002, he was Executive Vice President of Sun Microsystems; he was its Chief Financial Officer from February 1994 to July 2002, and held senior executive positions with Sun Microsystems for more than five years before then.
Melissa B LoraDirector
Melissa Lora, a director since 2018, is President of Taco Bell International, a segment of Taco Bell Corp., which is a subsidiary of Yum! Brands, Inc., one of the world’s largest restaurant companies, a role she assumed in 2013. Ms. Lora previously served in various roles at Taco Bell Corp., including Global Chief Financial and Development Officer (2012-2013), Chief Financial and Development Officer (2006-2012) and Chief Financial Officer (2001-2006). Ms. Lora will be retiring from Taco Bell Corp. in the summer of 2018. Ms. Lora also serves as Lead Independent Director for KB Home.
Gary A. PolinerDirector
Gary A. Poliner, a director since 2013, was President of Northwestern Mutual Life Insurance Company, the nation's largest direct provider of individual life insurance, and a member of its Board of Trustees, when he retired in June 2013. Mr. Poliner also held various senior-level positions at Northwestern Mutual, including Chief Financial Officer and Chief Risk Officer.
Patrick Sinks a director since 2014, has been our Chief Executive Officer since March 1, 2015. He has served as our President and Chief Operating Officer since 2006, and held senior executive positions with MGIC for more than five years before then. Sinks earned his MBA from the University of Wisconsin – Milwaukee, and holds a Bachelor of Science degree in accounting from the University of Mary.
Dr. Mark ZandiDirector
Dr. Mark Zandi, a director since 2010, is chief economist of Moody’s Analytics, where he directs economic research and consulting. Moody’s Analytics is a subsidiary of Moody’s Corporation that is separately managed from Moody’s Investor Service, the rating agency subsidiary of Moody’s Corporation. Dr. Zandi’s recent research has focused on the determinants of mortgage foreclosure and personal bankruptcy, analyzed the economic impact of various tax and government spending policies, and assessed the appropriate policy response to bubbles in asset markets. An adviser to policymakers and resource for economic analysis for businesses, journalists and the public, Dr. Zandi has frequently testified before Congress and has advised the Obama administration as well as senior Republican policymakers. Dr. Zandi received his PhD at the University of Pennsylvania, and received his Bachelor of Science degree from the Wharton School at the University of Pennsylvania.