Highest-materiality recent filing
Radian CEO transition set for Aug 13; equity plan approved; executive LTI awards disclosed
New CEO to be appointed effective Aug 13, 2026; current CEO Thornberry remains until then.
Radian appoints Michael Weinbach as CEO; Rick Thornberry to retire in August 2026
Weinbach named CEO-Elect effective June 1, 2026; becomes CEO and Board member on August 13, 2026.
Radian Group completes acquisition of Inigo Limited; Inigo reports $215M net profit for 2025
Acquisition of Inigo closed Feb 2, 2026; this amendment furnishes Inigo's audited 2025 financials and pro forma combined info.
Radian CFO Sumita Pandit departs; Daniel Kobell named interim CFO
Sumita Pandit involuntarily terminated as President and CFO, effective Feb 12, 2026; will receive severance per prior agreement.
Radian completes $1.67B acquisition of Inigo, expects mid-teens EPS accretion in 2026
Acquired Inigo for $1.67B net consideration; funded via liquidity and excess capital from mortgage subsidiary.
Radian enters $600M intercompany note at 6.5% to fund Inigo acquisition, closing in Feb 2026
$600M intercompany note, 10-year term, 6.50% interest, from Radian Guaranty Inc. to Radian Group.
Acquisition of Inigo for $1.7B (primarily cash) expected to close Q1 2026, subject to UK, Lloyd's and Texas regulatory approvals.
Net income $152M (diluted EPS $0.98) vs $146M ($0.91) in Q2 2023; adjusted EPS $0.99.
Radian Mortgage Capital launches inaugural $349M private-label prime jumbo RMBS securitization
Radian Mortgage Capital LLC expects to sell ~$349M of residential mortgages to a newly-formed depositor subsidiary.
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.
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.
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
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
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.
the Board increased the size of the Board from eleven to twelve directors and appointed a new director, Jed Rhoads, to the Board.
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.
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.
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
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”).
Max materiality 0.85 · Median 0.50 · Most common event leadership