MGIC Enters Int'l Biz With SVP Hire

Martin F. Wood has been named to the newly created position of senior vice president of international business development by Mortgage Guaranty Insurance Corp., Milwaukee.Mr. Wood will be responsible for determining what international markets are strategically important to MGIC and implementing a global business plan, the company said. "International markets are becoming more sophisticated, which makes this the right time for MGIC to revisit international business opportunities," said Curt Culver, president and chief executive officer of MGIC. Mr. Wood was most recently international business development leader at Genworth Financial Mortgage Insurance Division in Raleigh, N.C. Before that, he held various posts at Genworth, including international chief financial officer. Mr. Wood also spent 12 years with Price Waterhouse. MGIC can be found online at http://www.mgic.com.