Frank Filipps is known for his significant role as the former CEO and Chairman of Radian Group Inc., a key player in the finance and insurance sector. He stepped down from these positions in 2005 but left a notable mark...
Frank Filipps is known for his significant role as the former CEO and Chairman of Radian Group Inc., a key player in the finance and insurance sector. He stepped down from these positions in 2005 but left a notable mark during his tenure. He joined Radian in 1992 as the CFO and climbed the ranks quickly, showcasing a strong grasp of financial management. His compensation during his final year consisted of a base salary of $725,000 along with substantial bonuses. Notably, he received a retirement payout of about $1.45 million alongside a lump sum plan of $1.6 million. He has also made significant stock sales in the past, generating millions in revenue from insider trades in 2019 and 2020, indicating a strong belief in the company’s direction. His extensive background includes over two decades at American International Group, which adds depth to his experience in the financial world. Frank's leadership style emphasized aligning compensation with performance, a principle that created incentives for the entire team.