MGIC Investment Corporation announced that Patrick Sinks has been named Vice Chairman of the company and the board of directors and has relinquished his role as President and Chief Executive Officer (CEO). Sinks intends to remain with the company through January 31, 2020 and on the board through October 31, 2019. Sinks is succeeded by Timothy Mattke, formerly Executive Vice President and Chief Financial Officer, who has been appointed CEO and to the board of directors, effective immediately.

Salvatore Miosi, former Executive Vice President – Business Strategies & Operations, has been appointed to the role of President and Chief Operating Officer. Nathaniel Colson, former Vice President – Finance, has been appointed to the role of Executive Vice President and Chief Financial Officer. Mattke has been with the company since 2006.

He served as Executive Vice President and Chief Financial Officer since 2014 and as Controller from 2009-2014. Miosi has been with the company since 1988. He served as the Executive Vice President – Business Strategies & Operations for Mortgage Guaranty Insurance Corporation (MGIC) since 2017 and Senior Vice President - Business Strategies & Operations from 2015 to 2017.

Colson has been with the company since 2014. He served as Vice President– Finance since 2019 and previously as Assistant Treasurer and other positions within the company's finance and risk departments. Before joining the company, Colson was a Senior Audit Manager with PricewaterhouseCoopers LLP.