WINSTON-SALEM, N.C., April 25 /PRNewswire-FirstCall/ -- Triad Guaranty
Inc. (Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has hired Eric B. Dana, CPA, as Senior Vice President, Chief
Financial Officer effective April 25, 2005. Dana will report to Ron
Kessinger, Senior Executive Vice President and Chief Operating Officer, in
carrying out his role. In his new position, Dana will have full
responsibility for all financial matters pertaining to the company.
"We are extremely pleased to have someone of Eric's broad financial
management experience join Triad," stated Ron Kessinger. "We look forward to
having Eric as part of our successful senior management team."
Dana was previously with The Bankers Bank, Atlanta, Ga., most recently as
Chief Financial Officer. Previously, he was employed by Lighthouse Financial
Services, as Chief Operating Officer/Chief Financial Officer, First Union
Corporation in a variety of senior management positions, and KPMG Peat
Marwick.
Dana is a Certified Public Accountant (CPA) and holds a BS in Accounting
from the University of Florida and MBA from the University of North Florida.
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad
Guaranty Inc., is a nationwide mortgage insurer providing mortgage insurance
(MI) to residential mortgage lenders. Private MI makes homeownership available
to buyers with equity of less than 20%, facilitates the sale of mortgage loans
in the secondary market and protects lenders from 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.traidguaranty.com
CONTACT:
Ron Kessinger, Senior Executive Vice
President and COO of Triad Guaranty Inc., +1-800-451-4872, ext.
1104, or rkessinger@tgic.com
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