MBIA Inc. Announces CFO Transition and Executive Compensation Details
Company Announcements

MBIA Inc. Announces CFO Transition and Executive Compensation Details

The latest announcement is out from MBIA Inc (MBI).

MBIA Inc. has announced the departure of its Executive Vice President and CFO, Anthony McKiernan, effective April 30, 2024, under a Separation Agreement. He will be succeeded by Joseph Schachinger, the current Controller and a long-standing member of the company since 2000. McKiernan’s exit package includes severance pay, cash in lieu of long-term incentives and bonuses for 2023 and 2024, and a pension contribution payment. Additionally, his restricted stock will vest, with outstanding shares settled at the end of the performance periods.

For a thorough assessment of MBI stock, go to TipRanks’ Stock Analysis page.

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