Radian Reports Results of 2024 Annual Meeting of Stockholders
22 Maggio 2024 - 10:30PM
Business Wire
Radian Group Inc. (NYSE: RDN) announced today that its
stockholders re-elected all eleven of the company’s directors, who
serve one-year terms and are elected annually. As previously
disclosed, Gaetano (Guy) J. Muzio, a director of the company since
2012, retired at the end of his current term following today’s 2024
Annual Meeting. Muzio’s retirement comes after a successful tenure
where he played a key role in solidifying Radian’s position as a
leader in the mortgage and real estate industries.
“Guy’s extensive background in finance and mortgage credit, and
his thorough and judicious analysis, have been tremendously
valuable for the Board and his work will have a lasting impact on
Radian’s future success. All of us are deeply thankful to Guy for
his contributions and wish him all the best in the future,” said
Howard B. Culang, Non-Executive Chairman of the Board.
In addition to the election of directors, the company’s
stockholders approved all other proposals recommended by the Board
of Directors and presented for vote at Radian’s 2024 Annual
Meeting, including the proposals to approve the compensation of
Radian’s named executive officers (“say-on-pay”) and to ratify the
appointment of PricewaterhouseCoopers LLP as the company’s
independent auditors for 2024.
Chief Executive Officer Rick Thornberry addressed the attendees
of Radian’s Annual Meeting by stating, “For more than 45 years,
Radian has successfully managed mortgage credit risk through
economic cycles and interest rate fluctuations. I am proud of the
role we play in the housing market in helping more mortgage-ready
borrowers, including historically underserved households, obtain
access to affordable mortgage credit. Our team is driven to
achieving our mission of expanding access to affordable,
responsible, and sustainable homeownership, as well as reducing the
friction of homebuying through technology, and I remain excited
about our future.”
About Radian
Radian is ensuring the American dream of homeownership
responsibly and sustainably through products and services that
include industry-leading mortgage insurance and a comprehensive
suite of mortgage, risk, real estate, securitization, and title
services. Powered by technology, informed by data, and driven to
deliver new and better ways to transact and manage risk, Radian is
shaping the future of mortgage and real estate services. Learn more
at radian.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240522990294/en/
For Investors: Dan Kobell - Phone: 215.231.1113 email:
daniel.kobell@radian.com
For the Media: Rashi Iyer - Phone 215.231.1167 email:
rashi.iyer@radian.com
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