Mortgage Guaranty CIO Retires

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Mortgage Guaranty, the core business unit of MGIC Investment announced that its chief investment officer has retired. James Karpowicz, who also holds the position of senior vice president treasurer, is to leave the company on March 1.

Karpowicz has worked at the company since 1986, when he joined it as assistant treasurer. He has been in his current positions since January 2005.

The company also announced that Lisa Pendergast has been promoted to vice president treasurer. She has been with MGIC since 1998, and currently serves as assistant treasurer. Before her current position, Pendergast also worked as the company's treasury operations manager and investment portfolio analyst.

The article Mortgage Guaranty CIO Retires originally appeared on Fool.com.

Fool contributor Eric Volkman and The Motley Fool have no position in MGIC Investment Corporation. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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