In 2023, Timothy J. Mattke earned $2.08M in total compensation at MGIC Investment Corp., including $600.00K salary, $180.00K bonus and $1.25M in stock. Most recently acquired 82,288 shares in Feb 2025. Currently holds stock worth $26.85M. 6+ years at the helm of MGIC Investment Corp..
Compensation History
Annual executive compensation data for Timothy J. Mattke, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.08M
Salary
$600.00K
Bonus
$180.00K
Other
$50.00K
Salary
$600.00KBoard Justification
The compensation philosophy aligns with company performance, emphasizing performance-based pay and long-term incentives to retain top talent and align interests with shareholders.
Bonus
$180.00KBoard Justification
The bonus is based on the achievement of financial performance goals including return on equity, new insurance written, and insurance in force for the year 2023.
Other Compensation
$50.00KBoard Justification
Other compensation includes retirement plan contributions and health benefits.
Restricted Stock
Board Justification
The stock that vested in 2023 was based on performance metrics related to cumulative adjusted book value per share growth over a three-year period.
Performance Metrics
Performance metrics include return on equity, new insurance written, and insurance in force.
Timothy J. Mattke
CEO of MGIC Investment Corp.
Education
BS and MS in Accountancy from the University of Wisconsin-Madison
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1976 - 49 years ago
CEO of MGIC Investment Corp. for
6 years 4 months (Jul 2019 - Present)
Previous Experience
Executive Vice President and Chief Financial Officer since 2014
Other MGIC Investment Corp. CEOs
Holdings
Track Timothy J. Mattke's stock holdings and portfolio value over time.
Insider Trading
Timothy J. Mattke's recent stock transactions, purchases, and sales filed with the SEC.
$2.10M
MTG at $25.52/share
Feb 5, 2025
Received
546,022 shares
MTG
Feb 21, 2024
Received
315,000 shares
MTG
Jan 27, 2020
Received
75,000 shares
MTG
Jul 25, 2019
Received
120,000 shares
MTG
Jan 21, 2019
Received
105,600 shares
MTG
Jan 22, 2018
Received
105,600 shares
MTG
Jan 23, 2017
Received
$118.55K
MTG at $5.93/share
Jan 26, 2016
Purchase
120,000 shares
MTG
Jan 25, 2016
Received
120,000 shares
MTG
Jan 26, 2015
Received
Rivals
Compare Timothy J. Mattke with competitor CEOs and industry peers.
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Gary C. Bhojwani
CEO of CNO Financial Group
2022 Compensation
Stock
$9.11M
Salary
$1.03M
Bonus
$1.70M
Other
$352.32K
Total Holdings
$26.38M
Michel A. Khalaf
CEO of MetLife
2023 Compensation
Stock
$15.81M
Salary
$1.48M
Bonus
$4.80M
Other
$279.92K
Total Holdings
$104.98M