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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of Earliest Event Reported): | | January 17, 2023 |
MGIC Investment Corporation
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(Exact name of registrant as specified in its charter)
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Wisconsin | 1-10816 | 39-1486475 |
__________________________________ (State or other jurisdiction of incorporation) | _____________________ (Commission File Number) | ____________________________ (I.R.S. Employer Identification No.) |
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250 E. Kilbourn Avenue | Milwaukee, | Wisconsin | 53202 |
________________________________ (Address of principal executive offices) | ___________ (Zip Code) |
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Registrant’s telephone number, including area code: | (414) | 347-6480 |
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| Not Applicable | |
| Former name or former address, if changed since last report | |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | | Trading Symbol | | Name of each exchange on which registered |
Common stock | | MTG | | New York Stock Exchange |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 17, 2023 James Hughes, Executive Vice President - Sales and Business Development of Mortgage Guaranty Insurance Corporation (“MGIC”), a subsidiary of MGIC Investment Corporation, provided notice of his intent to retire on August 1, 2023. Hughes will remain in his current position until April 1, 2023, after which he will take on the role of Special Advisor to the Chief Executive Officer until his retirement on August 1, 2023.
Mr. Hughes has served in his current role since 2017. Prior to 2017, he was Senior Vice President - Sales and Business Development of MGIC from 2015 to 2017, and Vice President, Managing Director of sales from 2001 to 2015. He joined MGIC in 1987 and prior to becoming Vice President, Managing Director, he had been an Account Manager and a Sales Manager.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | MGIC INVESTMENT CORPORATION |
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Date: | January 20, 2023 | By: \s\ Paula C. Maggio |
| | Paula C. Maggio |
| | Executive Vice President, General Counsel and Secretary |