Lowman Joins MGIC Investment Board
MGIC Investment Corporation (NYSE: MTG) has elected Teresita M. Lowman to its Board of Directors as well as the Business Transformation and Technology Committee. Lowman brings extensive experience in digital business transformation and technology from her prior roles at DXC Technology, HP Enterprise, and Nortel Networks. The Chairman, Curt Culver, expressed confidence in her ability to contribute to the company’s strategic goals. MGIC’s focus remains on providing affordable low-down-payment mortgages through private mortgage insurance across the U.S. and beyond.
- Election of Teresita M. Lowman to the Board, enhancing leadership with extensive IT and digital transformation experience.
- Lowman's previous roles in major companies like DXC Technology indicate strong expertise beneficial for MGIC.
- None.
MILWAUKEE, April 28, 2022 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Teresita ("Sita") M. Lowman has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC). Lowman will be a member of the Business Transformation and Technology Committee.
"We welcome Sita to the Board," said Curt Culver, the Chairman of MTG. "Her management and leadership experiences driving enterprise digital business transformation and extensive experience in information technology and cloud enterprise industries makes her a natural fit and we look forward to her contributions."
Sita Lowman is a member of the Board of Directors of One Stop Systems and she sits on the Advisory Board of Launch Factory.
Prior to that, Ms. Lowman most recently held the role of Vice President and General Manager at DXC Technology, a multi-billion dollar IT services Fortune 500 company. Prior to DXC, Ms. Lowman held positions at HP Enterprise, Nortel Networks and Texas Instruments Defense Group.
About MGIC
Mortgage Guaranty Insurance Corporation "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 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 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. For information about our underwriting and rates, see https://www.mgic.com/underwriting.
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SOURCE MGIC Investment Corporation
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