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William H. Lacy Jr.
William Howard Lacy Jr. (1945 – August 28, 2016) was the CEO of MGIC Investment from 1987 to 1999, the largest provider of private mortgage insurance in the United States. Lacy was among various Wisconsin business executives criticized for cashing in stock options while corporate profits remained flat. He was born in Chicago and attended the United States Air Force Academy and graduated from the University of Wisconsin–Milwaukee with a bachelor's degree in Business Administration in 1968. Lacy was a director of Johnson Controls, American Capital Access (ACA Capital) and Ocwen Financial Corp. He died of respiratory failure on August 28, 2016. References External linksWilliam H. Lacy profile at Forbes American chief executives of financial services companies University of Wisconsin–Milwaukee alumni 1945 births 2016 deaths {{US-business-bio-1940s-stub 20th-century American businesspeople ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MGIC Investment
MGIC Investment Corporation ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin. In addition to mortgage insurance, MGIC provides lenders with various underwriting and other services and products related to home mortgage lending. Today, MGIC serves lenders in the United States, Puerto Rico and Guam with obtaining mortgage insurance. The company's key executives are Pat Sinks (Chief Executive Officer), Steve Mackey (EVP Chief Risk Officer), Paula Maggio (EVP General Counsel and Corporate Secretary), Tim Mattke (EVP and Chief Financial Officer), Jay Hughes (EVP Sales and Business development, Business Development), Sal Miosi (EVP Business Strategy and Business operations, Operations). History In 1957, the company was founded in Milwaukee by Max H. Karl, a real estate attorney who noticed that his clients were having trouble paying for their new homes. Karl invented modern Lenders mortgage insurance, priv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |