Radian Group Inc. (NYSE:RDN) announced today that, the company's stockholders approved all proposals recommended by the company's board of directors and presented for vote at Radian's 2025 Annual Meeting, including the reelection of all eleven director nominees, who serve one-year terms and are elected annually, the compensation of Radian's named executive officers ("say-on-pay") and the appointment of PricewaterhouseCoopers LLP as the company's independent auditors for 2025.
As previously disclosed, Lisa Hess, a director of the company since 2011, retired at the end of her current term following today's 2025 Annual Meeting. Hess's retirement comes after a successful tenure where she played a key role in solidifying Radian's position as a leader in the mortgage and real estate industries.
"Lisa's deep experience in finance, investments, and capital markets has been very beneficial in supporting the Board's strategic focus. On behalf of the Board, I would like to express our sincere thanks for her dedicated service and wish her all the best for the future," said Howard B. Culang, Non-Executive Chairman of the Board.
Chief Executive Officer Rick Thornberry addressed the attendees of Radian's Annual Meeting by stating, "At Radian, our deep sense of purpose has always guided us to make homeownership more affordable, responsible, and sustainable. I am proud of the role we play in helping mortgage-ready borrowers, including historically underserved households, access affordable mortgage credit. We believe we are poised to leverage our strengths to drive value, pursue continued growth, deliver strong capital returns and solidify our position as a leader in the industry."
About Radian
Radian is a catalyst for homeownership that transforms risk into opportunity through services and technologies that empower housing and capital market participants to act with confidence. The Radian family of companies is shaping the future of mortgage and real estate services through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. Visit radian.com to see how we're creating possibilities for a place to call home.
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