MBIA appoints Shengying Yu as Controller and principal accounting officer

MBIA INC

Effective May 2, 2024, Shengying Yu, 55, appointed Controller and principal accounting officer of MBIA Inc.
Yu previously served as Head of Accounting in the Controller's Group since June 2017; joined MBIA in 2009.
Joseph Schachinger, who succeeded Anthony McKiernan as CFO on April 30, 2024, ceases as principal accounting officer upon Yu's appointment.
Yu is a CPA with prior experience as Senior Manager at Deloitte & Touche (1999-2009).

item 5.02

Executive movements

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Appointed

Shengying Yu

Controller, principal accounting officer

MBI · MBIA INC

Effective: 2024-05-02
Filed: May 2, 2024, 7:59 PM ET

Effective May 2, 2024, MBIA Inc. (the “Company”) appointed Shengying Yu as Controller, the principal accounting officer for purposes of the Company’s filings with the Securities and Exchange Commission.

Role change

Joseph Schachinger

Chief Financial Officer

MBI · MBIA INC

Effective: 2024-05-02
Successor: Shengying Yu
Filed: May 2, 2024, 7:59 PM ET

Joseph Schachinger, as previously announced, has succeeded Anthony McKiernan as Chief Financial Officer of the Company as of April 30, 2024, and will no longer serve as the Company’s principal accounting officer as of the date of Ms. Yu’s appointment.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Shengying Yu was appointed as Controller, principal accounting officer at MBIA INC.

Action: appointed
Role: Controller, principal accounting officer

Exact text from the filing

Effective May 2, 2024, MBIA Inc. (the “Company”) appointed Shengying Yu as Controller, the principal accounting officer for purposes of the Company’s filings with the Securities and Exchange Commission.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Joseph Schachinger changed role as Chief Financial Officer at MBIA INC.

Action: ceased as principal accounting officer
Role: Chief Financial Officer

Exact text from the filing

Joseph Schachinger, as previously announced, has succeeded Anthony McKiernan as Chief Financial Officer of the Company as of April 30, 2024, and will no longer serve as the Company’s principal accounting officer as of the date of Ms. Yu’s appointment.

View on SEC.gov

MBIA INC filing history →

Source: SEC EDGAR

accession 0000950170-24-052133

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