Financial Stocks Buzzer= MGIC Investment Corp. (NYSE:MTG), Vereit Inc (NYSE:VER)

Mortgage Guaranty Insurance Corporation (MGIC), the principal partner of MGIC Investment Corporation (MTG), has declared the promotion of James Hughes to Executive Vice President – Sales and Business Development and Salvatore Miosi to Executive Vice President – Business Strategy and Operations.

Mr. Hughes formerly held the position of Senior Vice President – Sales and Business Development.  He has been a member of MGIC’s sales team since 1987 having started with the company as Account Manger in the Mid-Atlantic Region and holding successive positions of increasing responsibility.

Mr. Miosi formerly served as MGIC’s Senior Vice President – Business Strategy and Operations.  He has been with the company since 1988 and has held various leadership positions in the operations, technology and marketing divisions.

“Jay’s and Sal’s promotions reflect their important contributions as leaders within our organization,” explained Patrick Sinks, President and Chief Executive Officer. “As we continue to position MGIC for success, we need to capitalize on the expertise of professionals like Jay and Sal. There is simply no substitute for the degree of industry specific knowledge that they bring to the table.”

Vereit Inc (VER) declared that the Company will host its fourth quarter and year-end earnings conference call via audio webcast at 10:00 a.m. Eastern Standard Time on Thursday, February 23, 2017, one hour earlier than formerly planned because of conflicting industry earnings calls. The VEREIT call will be conducted by Glenn J. Rufrano, Chief Executive Officer, and Michael J. Bartolotta, Chief Financial Officer.

The public can access the live audio webcast via the Company’s Shareholder Relations website at: http://ir.vereit.com/. Participants should access the webcast 10-15 minutes early. A replay will be available via the Company’s Shareholder Relations website about one hour after the completion of the webcast.

Earlier that day, the Company anticipates to issue, jointly with its operating partnership, VEREIT Operating Partnership, L.P., its 2016 Annual Report on Form 10-K.

 

 

 

 

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