---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-005339"
form_type: "8-K"
ticker: "RDN"
cik: "0000890926"
company_name: "RADIAN GROUP INC"
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T04:18:18.170157+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Radian MI President Derek Brummer to retire July 3; CFO Sumita Pandit named President & CFO

## Summary
- Derek Brummer, President of Mortgage Insurance, will retire July 3, 2025 after 23 years at Radian.
- Sumita Pandit, current CFO, will assume role of President and CFO upon Brummer's retirement, adding MI oversight.
- Pandit joined Radian in March 2023 as Chief Growth Officer, became CFO in May 2023.
- Brummer's retirement is not due to any disagreement with the company on operations, policies or practices.
- Rick Thornberry, CEO, noted Pandit's financial markets and fintech background positions her for the expanded role.

## SEC filing metadata
- accession: 0001193125-25-005339
- form_type: 8-K
- ticker: RDN
- cik: 0000890926
- company_name: RADIAN GROUP INC
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890926/000119312525005339/0001193125-25-005339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890926/000119312525005339/d906377d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-005339
- JSON: https://secwatch.observer/filing/0001193125-25-005339.json
- Plain text: https://secwatch.observer/filing/0001193125-25-005339.txt

## Source-grounded claims
- claim_id: 5e1eee6546
  claim: Derek V. Brummer departed as President, Mortgage Insurance at RADIAN GROUP INC.
  evidence_excerpt: On January 8, 2025, Derek V. Brummer, President, Mortgage Insurance of Radian Group Inc. (the “Company”) provided the Company with notice of his decision to retire from his role and the Company, effective July 3, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890926/000119312525005339/0001193125-25-005339-index.htm
- claim_id: 78c567be3b
  claim: Sumita Pandit was appointed as President and Chief Financial Officer at RADIAN GROUP INC.
  evidence_excerpt: On January 10, 2025, the Board of Directors of the Company appointed Sumita Pandit, currently serving as Senior Executive Vice President, Chief Financial Officer of the Company, to the role of President and Chief Financial Officer of the Company, effective upon Mr. Brummer’s retirement from his current role.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890926/000119312525005339/0001193125-25-005339-index.htm

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