MGIC Promotes Sinks To President and COO

MGIC Investment Corp. here has named Patrick Sinks as its new president and chief operating officer. Curt Culver will remain with the company as chairman and chief executive.

Most recently Mr. Sinks was the executive vice president, field operations for MGIC's primary subsidiary, Mortgage Guaranty Insurance Corp. He joined the company in 1978.

One of the reasons for his promotion, he said, was Mr. Culver looked at the changing business and the increasing complexity and wanted to have people in place to help manage that process.

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