WINSTON-SALEM, N.C., March 20 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that it has hired Bruce Van Fleet as
Executive Vice President, Sales and Marketing, effective immediately. Mr.
Van Fleet will report to Mark K. Tonnesen, President and Chief Executive
Officer, Triad Guaranty Insurance Corporation.
Mr. Van Fleet will be responsible for setting the direction and
managing all sales and marketing for Triad in support of its strategic and
business objectives. He will have bottom line accountability for Triad's
traditional lender business.
"Bruce is a veteran senior executive within the mortgage industry with
a proven track record of exceeding sales objectives and developing self-
sustaining organizations," stated Mr. Tonnesen. "He understands the
industry dynamics, has solid relationships with key executives of the major
lenders throughout the country and has the experience and leadership skills
to insure we are successful. As a member of the Executive Committee he will
work closely with the other senior managers of the company. I am excited to
have Bruce join Triad and our Executive Team."
Mr. Van Fleet has over 30 years experience in the mortgage industry
leading sales organizations and delivering exceptional results. Prior to
joining Triad Guaranty Mr. Van Fleet was with Radian Guaranty Inc. where he
held a variety of senior sales and operation management positions, most
recently as Executive Vice President, Chief Sales Officer. Previously he
was with Strategic Mortgage Services as Senior Vice President, Corporate
Sales.
Mr. Van Fleet holds a Bachelor of Science degree in Business
Administration from the University of South Florida.
Triad Guaranty Inc.'s wholly owned subsidiary, Triad Guaranty Insurance
Corporation, is a nationwide mortgage insurer providing credit enhancement
solutions to its lender customers and the capital markets. This allows
buyers to achieve homeownership sooner, facilitates the sale of mortgage
loans in the secondary market and protects lenders from credit
default-related expenses. For more information, please visit the company's
web site at http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com
CONTACT:
Mark K. Tonnesen, President and Chief
Executive Officer of Triad Guaranty Inc., +1-800-451-4872 ext.
1101, mtonnesen@tgic.com
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