MILWAUKEE, Oct. 21 /PRNewswire-FirstCall/ -- MGIC Investment Corporation (NYSE: MTG) today announced that Bruce L. Koepfgen has joined the company's Board of Directors.
"We are very pleased MGIC will have the benefit of Bruce's deep experience garnered through his long career in financial services. We look forward to the insight and perspective that Bruce will bring to our Board," said Curt Culver, MGIC Investment's chairman and CEO.
Mr. Koepfgen is currently a private investor. From 2003 until early in 2009, Mr. Koepfgen served on the Executive Committee of Allianz Global Investors (AGI), one of the largest global asset managers whose units include PIMCO, and as CEO of AGI's Oppenheimer Capital unit. Prior to joining Allianz, Mr. Koepfgen provided consulting services on the launch, financing and management of early stage companies, which followed a 23-year career at Salomon Brothers, Inc where he held senior management positions in fixed income sales. Mr. Koepfgen received his MBA from J.L. Kellogg Graduate School of Management at Northwestern University, and received his Bachelor of Science degree from the University of Michigan.
MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, is the nation's leading provider of private mortgage insurance coverage with $196.9 billion primary insurance in force covering 1.3 million mortgages as of September 30, 2010. MGIC serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. From time to time MGIC Investment Corporation releases important information via postings on its corporate website. 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 can be found at http://mtg.mgic.com under Investor Information.
SOURCE MGIC Investment Corporation