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NMI Holdings (NMIH) just unveiled an update.
Aurora Swithenbank is set to become the new Executive Vice President and Chief Financial Officer of NMI Holdings, Inc. on May 1, 2024. With a strong background as the first CFO of Vantage Group Holdings and over twenty years at Goldman Sachs, Swithenbank brings extensive financial expertise to her new role. She has a lucrative compensation package including a $505,000 base salary, potential bonuses, equity awards, and additional benefits such as a relocation bonus and housing allowance. Concurrently, the outgoing CFO, Ravi Mallela, will depart amicably on the same date, with a severance package aligning with the company’s Severance Benefit Plan.
For a thorough assessment of NMIH stock, go to TipRanks’ Stock Analysis page.