Seeking Alpha

MGIC chief stepping down

  • MGIC Investment (NYSE:MTG) CEO Curt Culver (age 62) will retire, effective March 1, 2015, and become non-executive chairman. He will be replaced by current COO Patrick Sinks, who has also been appointed to the board.
  • Culver joined MGIC in 1982 and has been CEO since 2000 and Chairman since 2005.
  • Source: Press Release
  • Shares +0.1% premarket
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