RADIAN GROUP INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits - Insurance News | InsuranceNewsNet

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February 17, 2023 Newswires
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RADIAN GROUP INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits

Edgar Glimpses

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Directors

As previously announced, on February 13, 2023, upon the recommendation of the
Governance Committee of the board of directors (the "Board") of Radian Group
Inc.
(the "Company"), the Board increased the size of the Board from ten to
eleven directors and appointed a new director, Fawad Ahmad, to the Board.

Mr. Ahmad, 46, currently is serving as Senior Vice President and Chief Digital
Officer
at State Farm Mutual Automobile Insurance Company ("State Farm"), a
property and casualty insurance provider that, with its affiliates, is the
largest provider of auto and home insurance in the United States, where he leads
State Farm's Enterprise Technology function. Mr. Ahmad joined State Farm in 2016
as Vice President of Digital, and in 2017, was promoted to Vice President in
Enterprise Technology - Customer Experience, a role that he held until assuming
his current position in 2019. Before joining State Farm, from 2013 to 2016, Mr.
Ahmad
held leadership roles at Staples Inc., an industry leader in workspace
products, including General Manager of Global Omnichannel Product and Strategy.
Before that, Mr. Ahmad held the role of General Manager of the North America
Core Shipping Platform at eBay Inc., a global commerce leader, responsible for
leading the function's strategy, operations, and strategic partnerships.

Mr. Ahmad brings current experience leading innovative digital, data and
analytical organizations, including transformational digital initiatives at
several industry-leading companies across the high-tech, e-commerce, retail, and
insurance industries. This skill set and experience is highly valuable to our
Company, as we pursue opportunities to transform the future of the mortgage and
real estate industries. In addition, Mr. Ahmad's perspective and insights into
digital transformations occurring across the financial markets, and more broadly
the consumer markets, is highly valuable in supporting the Board's oversight of
the execution of our strategic objectives.

There is no arrangement or understanding between Mr. Ahmad and any other person
pursuant to which he was appointed as director. Mr. Ahmad does not have a direct
or indirect material interest in any transaction in which the Company is or will
be a participant.

Item 7.01 Regulation FD Disclosure.

The Company's news release announcing the appointment of Mr. Ahmad to the
Company's Board is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

      99.1  *     Radian Group Inc. News Release dated February 13, 2023

    Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)



____________________
*  Furnished herewith.

--------------------------------------------------------------------------------

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UNIVERSAL INSURANCE HOLDINGS, INC. – 10-Q/A – Management's Discussion and Analysis of Financial Condition and Results of Operations

Newer

ALLSTATE CORP FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

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