Richard G. Thornberry changed role as Strategic Advisor at RADIAN GROUP INC.
“Mr. Thornberry will remain employed by Radian as Strategic Advisor through December 31, 2026 when his employment agreement, amended as described below, terminates in connection with his retirement”
Richard G. Thornberry departed as Chief Executive Officer at RADIAN GROUP INC.
“Mr. Weinbach will succeed Richard G. Thornberry, the Company’s Chief Executive Officer, who will retire as Chief Executive Officer and resign as a member of the Board, in each case effective August 12, 2026.”
Michael Weinbach was appointed as Chief Executive Officer at RADIAN GROUP INC.
“On May 21, 2026, the Board of Directors (the “ Board ”) of Radian Group Inc. (“ Radian ” or the “ Company ”) approved the appointment of Michael Weinbach, 52, as CEO-Elect, effective June 1, 2026, and subsequently as Chief Executive Officer and as a member of the Board, both effective August 13, 2026.”
Earnings Releases
RADIAN GROUP INC reported financial results for the quarter ended March 31, 2026.
“On May 6, 2026, Radian Group Inc. (“Radian”) issued a news release announcing its financial results for the quarter ended March 31, 2026.”
Material Agreements
RADIAN GROUP INC amended Second Amendment to the Everbank MRA with Everbank Bank, N.A. valued at $25 million (effective 2026-03-23).
“The Company and Everbank entered into the Second Amendment to the Everbank MRA on March 23, 2026 to decrease the maximum borrowing amount to $25 million (the "Second Amendment").”
Debt Financings
RADIAN GROUP INC amended revolving credit of $500 million with Royal Bank of Canada, as Administrative Agent at ranges from 1.125% to 2.500% per annum maturing November 4, 2030.
“with their successors and assigns, the “Lenders”). The Credit Agreement provides for an unsecured revolving credit facility with a committed borrowing availability of $500 million (including a standby letter of credit sub-facility of up to $100 million) and also an accordion feature that allows Radian, at its option, to increase the total borrowing”
Governance Changes
RADIAN GROUP INC: Added a forum selection bylaw designating Delaware state and federal courts as exclusive forums for specified internal and securities law claims (effective 2025-09-17).
“On September 17, 2025, the board of directors of the Company (the “ Board ”) approved an amendment to the Company’s Fourth Amended and Restated By-laws (the “ Amended and Restated By-laws ”), effective September 17, 2025.”
Debt Financings
RADIAN GROUP INC amended credit facility of $500 million with JPMorgan Chase Bank, National Association maturing August 27, 2026.
“On August 28, 2025, RMC, the Company and JPMorgan entered into Amendment No. 3 to the JP Morgan MRA (“Amendment No. 3”) to increase the maximum borrowing amount to $500 million and extend the termination date of the JPMorgan MRA to August 27, 2026.”
Sumita Pandit was appointed as President and Chief Financial Officer at RADIAN GROUP INC.
“Sumita Pandit, currently serving as Senior Executive Vice President, Chief Financial Officer of the Company, will become President and Chief Financial Officer of the Company upon Mr. Brummer’s retirement from his current role”
Derek V. Brummer departed as President, Mortgage Insurance at RADIAN GROUP INC.
“On March 28, 2025, the Company and Mr. Brummer agreed to accelerate the date of Mr. Brummer’s retirement from his current role to April 21, 2025.”
Jed Rhoads was appointed as Director at RADIAN GROUP INC.
“the Board increased the size of the Board from eleven to twelve directors and appointed a new director, Jed Rhoads, to the Board.”
Sumita Pandit was appointed as President and Chief Financial Officer at RADIAN GROUP INC.
“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.”
Derek V. Brummer departed as President, Mortgage Insurance at RADIAN GROUP INC.
“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.”
Brien J. McMahon was terminated as Senior Executive Vice President and Chief Franchise Officer at RADIAN GROUP INC.
“Brien J. McMahon, Senior Executive Vice President and Chief Franchise Officer of Radian Group Inc. (the “Company”) was notified that his position was being eliminated and that his employment would be involuntarily terminated without cause, effective September 13, 2024”
Brien J. McMahon departed as Senior Executive Vice President and Chief Franchise Officer at RADIAN GROUP INC.
“On July 8, 2024, Brien J. McMahon, Senior Executive Vice President and Chief Franchise Officer of Radian Group Inc. (the “Company”) was notified that his position was being eliminated and that his employment would be involuntarily terminated without cause, effective September 13, 2024 (“Termination Date”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.