William Howard Lacy Jr. (1945 – August 28, 2016) was the CEO of
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 ...
from 1987 to 1999, the largest provider of private mortgage insurance in the United States.
Lacy was among various
Wisconsin
Wisconsin () is a state in the upper Midwestern United States. Wisconsin is the 25th-largest state by total area and the 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake M ...
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
The United States Air Force Academy (USAFA) is a United States service academy in El Paso County, Colorado, immediately north of Colorado Springs. It educates cadets for service in the officer corps of the United States Air Force and Uni ...
and graduated from the
University of Wisconsin–Milwaukee
The University of Wisconsin–Milwaukee (UW–Milwaukee, UWM, or Milwaukee) is a public urban research university in Milwaukee, Wisconsin. It is the largest university in the Milwaukee metropolitan area and a member of the University of Wiscons ...
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.
Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as " debt collectors, collecting monthly principal and interest from homeo ...
He died of respiratory failure on August 28, 2016.
References
External links
William 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