Timothy J. Mattke is the CEO of MGIC Investment Corporation, a key player in the mortgage insurance industry. He holds both a BS and MS in Accountancy from the University of Wisconsin-Madison, which sets a strong foundation for his expertise...
Timothy J. Mattke is the CEO of MGIC Investment Corporation, a key player in the mortgage insurance industry. He holds both a BS and MS in Accountancy from the University of Wisconsin-Madison, which sets a strong foundation for his expertise in finance. Under his leadership, the company emphasizes performance-based metrics, which include financial goals related to return on equity and insurance written. This focus has driven significant changes, showing how he aligns executive compensation with company performance. For example, in 2023, his total compensation was $1.85 million, reflecting a strong hold on performance metrics. What's also interesting is his role in insider trading; he has navigated substantial fluctuations in holdings over recent years, peaking at $22.05 million in early September 2024.