MGIC Promotes Head of Human Resources and Vice President Managing Director, and Adds Two to National Accounts Team

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Jan 28, 2015, 03:26 ET

MILWAUKEE, Jan. 28, 2015 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), is promoting Kurt Thomas to Senior Vice President - Chief Human Resources Officer and Dean Dardzinski to Vice President Managing Director. MGIC is also rounding out its National Accounts team with two Vice Presidents National Accounts by promoting Elyse Mitchell and hiring Robert Bates.

Mr. Thomas has served as MGIC's Vice President, Human Resources since 2003. In addition to managing the HR function, Mr. Thomas also oversees facilities, building administration and the corporate giving function. Earning a Master's Degree from UW-Milwaukee and his undergraduate degree from UW-Whitewater, he also is active in the community serving on several non-profit boards including the Wisconsin Conservatory of Music and the UW-Whitewater Foundation.

Mr. Dardzinski has been a part of the mortgage finance industry for more than 20 years. He joined MGIC in 1993 as a sales service representative. His dedication to his customers and thoughtful leadership elevated him through multiple promotions, most recently holding the position of Vice President National Accounts. Before coming to MGIC, Mr. Dardzinski was a loan officer for First Citizen's Mortgage Corporation. He graduated from the University of Maryland.

Mrs. Mitchell has more than 20 years of industry related experience. She joined MGIC in 2000 as an Account Manager. Her strong track record of delivering results along with tremendous passion for serving customers earned her successive promotions to Senior Account Manager, and most recently, Lead Account Manager. Mrs. Mitchell is a graduate of the University of Central Florida.

Mr. Bates comes to MGIC from Assurant Specialty Property where he was the Director of Product Development. His previous positions also include National Sales Director with Lenox Financial, Senior Vice President for CitiMortgage/Consumer Lending, and General Manager with Wells Fargo. With more than 20 years in the financial services sector, Mr. Bates brings vast experience in sales, management, and product development to his new position. Among his professional credits, Mr. Bates is a Mortgage Bankers Association Willis Bryant Award winner for industry and scholastic leadership. Mr. Bates is a University of Illinois graduate.

Both Mrs. Mitchell and Mr. Bates will begin their new roles on February 2, 2015.

"Kurt will continue to play a very important role working with our most valuable assets, our employees," said Patrick Sinks, President and Chief Operating Officer. "Dean's tenure with MGIC and his leadership skills make him ideally suited to lead the Pacific Region. Elyse and Robert will be welcome additions to our national accounts team. All four share a strong commitment to serving their customers, be it internal or external, which is why they are the right people for their new roles."

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. At December 31, 2014 MGIC had $164.9 billion primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website without making any other disclosure and intends to continue to do so in the future. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information can be found at http://mtg.mgic.com under Investor Information.

SOURCE MGIC Investment Corporation