MGIC Investment Corporation filed SEC Form 8-K: Leadership Update
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Property-Casualty Insurers
Finance
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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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On October 22, 2025, the Board of Directors of MGIC Investment Corporation elected Martin P. Klein and Daniela A. O’Leary-Gill as new members. Mr. Klein was appointed to the Board’s Risk Management and Securities Investment Committees. Ms. O’Leary-Gill was appointed to the Board’s Audit and Business Transformation & Technology Committees.
Martin P. Klein serves as a Senior Advisor to Athene Holdings LTD. Prior to his current role at Athene, he was Executive Vice President and Chief Financial Officer from 2015-2025. He also serves as a Partner at Apollo Global Management, Inc. which merged with Athene in 2022. Prior to joining Athene, he held the position of Executive Vice President and Chief Financial Officer at Genworth Financial from 2011-2015, serving as acting Chief Executive Officer and President in 2012. Mr. Klein also serves on the Board of Directors of Venerable and Athene USA.
Daniela O’Leary-Gill is the former Chief Operating Officer for BMO U.S., BMO Financial Group (2018-2020). For more than 25 years, Ms. O’Leary-Gill held progressively senior finance, strategy and governance leadership roles globally and in the U.S. for BMO Financial Group. She also served on the Board of Directors of Discover Financial Services and Discover Bank from 2022-2025.
The compensation of Mr. Klein and Ms. O’Leary-Gill, including the compensation plans they are eligible to participate in, is described in the Proxy Statement for the Company’s 2025 Annual Meeting of Shareholders under the caption “Compensation of Directors.” On October 31, 2025, each will be awarded, under the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors, a grant of restricted stock units with a value of $36,302.00, representing a pro-rated amount of the annual grant made to each of the Company’s non-management directors. This plan and the restricted stock units are described in such Proxy Statement under the caption “Compensation of Directors — Deferred Compensation Plan and Annual Grant of Share Units.”
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.
| MGIC INVESTMENT CORPORATION | ||||||||
| Date: | October 23, 2025 | By: \s\ Paula C. Maggio | ||||||
| Paula C. Maggio | ||||||||
| Executive Vice President, General Counsel and Secretary | ||||||||