MGIC Investment Appoints Klein and O'Leary-Gill to its Board of Directors

Rhea-AI Summary

MGIC Investment (NYSE: MTG) announced on October 23, 2025 that Martin P. (Marty) Klein and Daniela A. O'Leary-Gill were elected to the board of directors of MGIC Investment and its principal subsidiary, Mortgage Guaranty Insurance Corporation.

Marty Klein will join the Risk Management and Securities Investment Committees; he is a senior advisor to Athene Holdings, former EVP & CFO (2015–2025), former EVP & CFO at Genworth Financial (2011–2015) and serves on the boards of Venerable and Athene USA.

Daniela O'Leary-Gill will join the Audit and Business Transformation & Technology Committees; she is former COO for BMO U.S. (2018–2020) and held senior finance, strategy and governance roles at BMO for 25+ years, and served on Discover Financial Services' board (2022–2025).

MILWAUKEE, Oct. 23, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Martin (Marty) P. Klein and Daniela A. O'Leary-Gill have been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC). Mr. Klein will be a member of the Risk Management and Securities Investment Committees and Ms. O'Leary-Gill will be a member of Audit and Business Transformation and Technology Committees of each of those companies.

"We are pleased to welcome Marty and Daniela to the Board," said Curt Culver, the Chairman of MTG. "Their impressive business acumen and proven leadership experiences make them outstanding additions to our Board. We look forward to the valuable insights and diverse perspectives they will bring, further building on the strength of our Board."

Mr. 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 Athlene 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. He also serves on the Board of Directors of Venerable and Athene USA.

Ms. 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. 

About MGIC

MGIC (www.mgic.com) the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.

From time-to-time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website, and it intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.

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SOURCE MGIC Investment Corporation

FAQ

Who were appointed to the MGIC Investment board on October 23, 2025 (NYSE: MTG)?

Martin P. Klein and Daniela A. O'Leary-Gill were elected to the board of MGIC Investment and Mortgage Guaranty Insurance Corporation.

What board committees will Marty Klein join at MGIC (MTG)?

Marty Klein will be a member of the Risk Management committee and the Securities Investment committee.

Which committees will Daniela O'Leary-Gill serve on for MGIC (MTG)?

Daniela O'Leary-Gill will join the Audit committee and the Business Transformation and Technology committee.

What is Marty Klein's recent experience cited in MGIC's October 23, 2025 announcement?

He is a senior advisor to Athene Holdings, was EVP & CFO at Athene (2015–2025), and previously EVP & CFO at Genworth Financial (2011–2015).

What prior roles does Daniela O'Leary-Gill have relevant to her MGIC (MTG) board appointment?

She is the former COO for BMO U.S. (2018–2020) with 25+ years in senior finance, strategy, and governance roles at BMO, and served on Discover's board (2022–2025).

How might the October 23, 2025 board additions affect MGIC (MTG) governance?

The appointees add senior finance, risk, and transformation experience to MGIC's board and its Audit, Risk Management, Securities Investment, and Technology committees.