Radian Group Appoints New CFO, Derek Johnson
Ticker: RDN · Form: 8-K · Filed: Jul 12, 2024 · CIK: 890926
| Field | Detail |
|---|---|
| Company | Radian Group Inc (RDN) |
| Form Type | 8-K |
| Filed Date | Jul 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, compensation
TL;DR
Radian Group names Derek Johnson new CFO, starting July 15th with a $475k salary.
AI Summary
Radian Group Inc. announced on July 8, 2024, changes in its executive team. The company appointed Derek J. Johnson as Chief Financial Officer, effective July 15, 2024. Johnson will receive an annual base salary of $475,000 and is eligible for various incentive programs.
Why It Matters
A new Chief Financial Officer can signal a shift in financial strategy or management focus for the company.
Risk Assessment
Risk Level: low — This filing pertains to routine executive appointments and compensation, which typically carries low inherent risk.
Key Numbers
- $475,000 — CFO Base Salary (Annual compensation for Derek J. Johnson.)
Key Players & Entities
- Radian Group Inc. (company) — The company filing the report.
- Derek J. Johnson (person) — Newly appointed Chief Financial Officer.
- July 8, 2024 (date) — Date of the earliest event reported.
- July 15, 2024 (date) — Effective date for the new CFO.
- $475,000 (dollar_amount) — Annual base salary for the new CFO.
FAQ
Who has been appointed as the new Chief Financial Officer of Radian Group Inc.?
Derek J. Johnson has been appointed as the new Chief Financial Officer of Radian Group Inc.
When is Derek J. Johnson's appointment as CFO effective?
Derek J. Johnson's appointment as CFO is effective July 15, 2024.
What is the annual base salary for the new CFO?
The annual base salary for the new CFO, Derek J. Johnson, is $475,000.
What other compensation is Derek J. Johnson eligible for?
Derek J. Johnson is eligible for Radian Group's annual incentive plan and long-term equity incentive plan.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is July 8, 2024.
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-07-12 16:16:00
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share RDN New York St
Filing Documents
- d758787d8k.htm (8-K) — 24KB
- 0001193125-24-178584.txt ( ) — 142KB
- rdn-20240708.xsd (EX-101.SCH) — 3KB
- rdn-20240708_lab.xml (EX-101.LAB) — 18KB
- rdn-20240708_pre.xml (EX-101.PRE) — 11KB
- d758787d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RADIAN GROUP INC. (Registrant) Date: July 12, 2024 By: /s/ Edward J. Hoffman Edward J. Hoffman Senior Executive Vice President, General Counsel and Corporate Secretary