Hanover, MD (August 7, 2018) — Major, Lindsey & Africa (MLA), the world’s leading legal search firm, today announced the placement of Paula C. Maggio as Executive Vice President – Law at MGIC Investment Corporation (NYSE: MTG) in Milwaukee, Wisconsin. The search was led by Mindy Crandus Sircus, Managing Director in Major, Lindsey & Africa’s In-House Practice Group in Chicago.
Maggio is slated to become the company’s General Counsel and Secretary upon the previously announced retirement of Jeffrey Lane, who holds those positions today. Maggio will hold the same offices with MTG’s principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).
Maggio comes to MGIC with more than 20 years of experience in legal and corporate governance, most recently in the role of Executive Vice President, General Counsel and Secretary for Retail Properties of America, Inc., in Oak Brook, Illinois. Ms. Maggio’s background includes various leadership positions with Strategic Hotels & Resorts, Inc., in Chicago, where she served as a trusted advisor to the CEO and board of directors, consulting on business objectives, strategy, corporate affairs, transactions and personnel matters.
“In a highly competitive search, Paula stood out from the very beginning,” said Mindy Sircus. “In addition to the wealth of experience she brings having been a public company general counsel for more than 15 years, she is exceptionally bright, warm, inquisitive and engaging. She listens carefully and through her thoughtful conversations and questions, meshed with the company’s senior leadership and legal teams quickly and well. Additionally, she is genuine, approachable and down to earth, reflecting the Midwestern culture of the company. All parties consider this to be the ideal match for the future.”
Maggio earned a B.A. in Political Science as well as her J.D. from the University of Illinois, Urbana-Champaign, Illinois.
MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), 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 June 30, 2018, MGIC had $200.7 billion of 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, including corrections of previous disclosures, 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.