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Press Release

Kozlak Joins MGIC Investment Board

Oct 26, 2018

MILWAUKEE, Oct. 26, 2018 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced that Jodeen (Jodee) Kozlak has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).  She will be a member of the Securities Investment Committee and the Management Development, Nominating and Governance Committees of each of those companies.

"We are excited about Jodee's addition to the Board," said Curt Culver, MGIC Investment's chairman.  "Her significant management and leadership experiences make her a natural fit and we look forward to her contributions."

Ms. Kozlak is the founder and CEO of Kozlak Capital Partners, LLC, a private consulting firm.  Ms. Kozlak previously served as the Global Senior Vice President of Human Resources of Alibaba Group, a multinational conglomerate (2016-2017).  Ms. Kozlak also previously served as the Executive Vice President and Chief Human Resources Officer of Target Corporation, one of the largest retailers in the U.S. (2007-2016), and held other senior leadership roles during her 15-year career with Target. Prior to joining Target, Ms. Kozlak was a partner in a private law practice. Ms. Kozlak also serves on the board of Directors of C.H. Robinson Worldwide, Inc and is a member of its Compensation and Governance Committees.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, 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. At September 30, 2018, MGIC had $205.8 billion of primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing, and 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. Enrollment information for MGIC alerts can be found https://www.mgic.com/ClearRates/index.html.

 

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SOURCE MGIC Investment Corporation

Michael J. Zimmerman, (414) 347-6596, mike_zimmerman@mgic.com