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MGIC Announces Officer Promotions in IT Organization and Finance

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January 27, 2021
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MILWAUKEE, Jan. 27, 2021 /PRNewswire/ — Mortgage Warranty Insurance coverage Company (MGIC), the principal subsidiary of MGIC Funding Company (NYSE: MTG), right now introduced the promotion of Gary J. Johnson to Vice President – Information Science, and Jennifer A. Westphal to Vice President – Chief Info Safety Officer.

Mr. Johnson joined MGIC in 2006, serving as a Threat Analyst till 2011. After some time at IBM (Seterus Inc.) in Portland, Ore., and at Two Harbors Funding Company in Minneapolis, Minn., each as a Quantitative Analyst, Mr. Johnson returned to MGIC in 2016 within the position of Threat Monetary Engineer. Since then, he has taken on roles of accelerating accountability within the Threat and Finance Departments, at present serving as Senior Director, MiLo Labs, the place he oversees information science and analytics supply. Mr. Johnson holds a Bachelor’s of Science diploma in Enterprise Administration from North Dakota State College.

“Over the previous 12 months and extra, Gary has performed a key position in laying the groundwork for MGIC to compete as a best-in-class data-driven firm,” mentioned Nathan Colson, Government Vice President, Chief Monetary Officer. “I’m excited to work with him in his new position and congratulate him on his promotion.”

Since 2012, Ms. Westphal has served MGIC in numerous roles inside Info Safety, starting as Info Safety Analyst Sr., by way of her present position as Director, Assistant Chief Info Safety Officer. Previous to her time at MGIC, Ms. Westphal constructed a profession in information safety and technical help by way of roles of accelerating accountability at Roundys, Inc. in Milwaukee.

“Jennifer’s promotion confirms the impactful contributions she has made at MGIC,” mentioned Senior Vice President, Chief Info Officer, Robert Candelmo. “We belief Jennifer to assist us carry ahead the improvements and methods now we have put in place to rework our clients’ expertise. I congratulate her on this well-earned promotion.”

About MGIC (NYSE:MTG)

About MGIC
Mortgage Warranty Insurance coverage Company “MGIC” (www.mgic.com), the principal subsidiary of MGIC Funding Company, serves lenders all through america, Puerto Rico, and different areas serving to households obtain homeownership sooner by making inexpensive low-down-payment mortgages a actuality by way of using non-public mortgage insurance coverage.

Sometimes MGIC Funding Company releases necessary data through postings on its company web site, and through postings on MGIC’s web site for data associated to underwriting and pricing and intends to proceed to take action sooner or later. Such postings embrace corrections of earlier disclosures and could also be made with out another disclosure. Buyers and different events are inspired to enroll to obtain computerized electronic mail alerts and Actually Easy Syndication (RSS) feeds concerning new postings. Enrollment data for MGIC Funding Company alerts could be discovered at https://mtg.mgic.com/shareholder-services/email-alerts. For details about our underwriting and charges, see https://www.mgic.com/underwriting.

SOURCE MGIC Funding Company

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https://www.mgic.com



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