---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-052133"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:16:01.868385+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# MBIA appoints Shengying Yu as Controller and principal accounting officer

## Summary
- 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).

## SEC filing metadata
- accession: 0000950170-24-052133
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000095017024052133/0000950170-24-052133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000095017024052133/mbi-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-052133
- JSON: https://secwatch.observer/filing/0000950170-24-052133.json
- Plain text: https://secwatch.observer/filing/0000950170-24-052133.txt

## Key facts
- Executive change
  Shengying Yu was appointed as Controller, principal accounting officer at MBIA INC.
  - Action: appointed
  - Role: Controller, principal accounting officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814585/000095017024052133/0000950170-24-052133-index.htm
- Executive change
  Joseph Schachinger changed role as Chief Financial Officer at MBIA INC.
  - Action: ceased as principal accounting officer
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814585/000095017024052133/0000950170-24-052133-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.