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|8-KFeb 12, 5:01 PM ET

RADIAN GROUP INC 8-K

Research Summary

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Updated

Radian Group Inc.: President & CFO Departs; New Finance and MI Leaders Appointed

What Happened
Radian Group Inc. filed an 8‑K on Feb 12, 2026 announcing that Sumita Pandit no longer serves as President and Chief Financial Officer. Her involuntary termination qualifies for the severance and benefits described in her Executive Severance Agreement (as disclosed in Radian’s April 1, 2025 Proxy Statement). The Board promoted internal executives to fill and strengthen finance and mortgage insurance leadership: Daniel Kobell (age 46) was named Senior Executive Vice President and interim Chief Financial Officer; Robert J. Quigley (age 54) was named Senior Executive Vice President, Controller and Chief Accounting Officer; Meghan Bartholomew (age 52) and Steve Keleher (age 43) were named Senior Executive Vice Presidents, Co‑Heads of Mortgage Insurance.

Key Details

  • Effective date: February 12, 2026.
  • Severance: Ms. Pandit will receive the “Qualifying Termination” compensation and benefits under her previously disclosed Executive Severance Agreement (see Proxy dated April 1, 2025).
  • Finance appointments: Daniel Kobell (11 years at Radian; most recently EVP, Finance appointed Aug 2025) is interim CFO; Robert J. Quigley (17 years at Radian; principal accounting officer since Nov 2018) will continue overseeing controller, SOX, reporting, accounting and tax.
  • Mortgage Insurance appointments: Meghan Bartholomew (24 years at Radian) will co‑lead credit, claims, GSE relations and policy; Steve Keleher (18 years at Radian) will co‑lead pricing, underwriting, analytics and sales. No related‑party arrangements or transactions were reported for the promoted officers.

Why It Matters
This 8‑K signals a key leadership change at the company’s finance and mortgageinsurance functions. Radian promoted long‑tenured, internal executives, which suggests continuity in finance and mortgage insurance operations and oversight. Investors should note the severance obligation referenced for Ms. Pandit (previously disclosed) and monitor future filings for any additional details on permanent CFO appointment, potential financial impacts, or updates to governance and reporting. Keywords: CFO, finance leadership, mortgage insurance, executive change.