Richard G. Thornberry net worth and biography

Richard Thornberry Biography and Net Worth

CEO of Radian Group

Mr. Thornberry, 62, has served as Radian’s Chief Executive Officer since March 2017. Before joining Radian, from 2006 until 2017, Mr. Thornberry served as the Chairman and Chief Executive Officer of NexSpring Group, LLC (“NexSpring Group”), a company that he co- founded in 2006. NexSpring Group has provided mortgage industry advisory and technology services to private equity investors, mortgage lenders, financial institutions, mortgage investors and other mortgage industry participants. Mr. Thornberry also has served as the Chairman and Chief Executive Officer of NexSpring Financial, LLC, a fintech company that he co-founded to focus on improving the overall value proposition for all participants in a residential mortgage origination transaction. Prior to founding NexSpring Group, from 1999 until 2005, Mr. Thornberry served as President and Chief Executive Officer of Nexstar Financial Corporation, an end-to-end mortgage business process outsourcing firm, which he co-founded in 1999 and sold to MBNA Home Finance in 2005. Mr. Thornberry has also held executive positions with MBNA Home Finance from 2005 until 2006, Citicorp Mortgage Inc. from 1996 until 1998 and Residential Services Corporation of America/ Prudential Home Mortgage Company from 1987 until 1996. Mr. Thornberry currently serves on the board of directors of the Mortgage Bankers Association and as an executive council member of the Housing Policy Council. Mr. Thornberry began his career as a certified public accountant at Deloitte where he primarily worked with financial services clients and entrepreneurial businesses. He has been a director of Radian since March 2017. Skills and Qualifications Mr. Thornberry possesses a broad understanding of the mortgage and real estate industries and has significant experience leading innovative businesses in the mortgage and real estate industries. In addition, his past experiences provide him with financial management and risk management expertise that give him a unique perspective and set of skills to lead our Company and contribute to the Board. Provided by Tagnifi.

What is Richard G. Thornberry's net worth?: The estimated net worth of Richard G. Thornberry is at least $672,000.00 as of August 21st, 2017. Mr. Thornberry owns 20,000 shares of Radian Group stock worth more than $672,000 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Thornberry may own. Additionally, Mr. Thornberry receives an annual salary of $3,710,000.00 as CEO at Radian Group. Learn More about Richard G. Thornberry's net worth.
How old is Richard G. Thornberry?: Mr. Thornberry is currently 66 years old. There are 6 older executives and no younger executives at Radian Group. Learn More on Richard G. Thornberry's age.
What is Richard G. Thornberry's salary?: As the CEO of Radian Group Inc., Mr. Thornberry earns $3,710,000.00 per year. Learn More on Richard G. Thornberry's salary.
How do I contact Richard G. Thornberry?: The corporate mailing address for Mr. Thornberry and other Radian Group executives is 1500 Market Street, Philadelphia PA, 19102. Radian Group can also be reached via phone at (800) 523-1988 and via email at [email protected]. Learn More on Richard G. Thornberry's contact information.
Has Richard G. Thornberry been buying or selling shares of Radian Group?: Richard G. Thornberry has not been actively trading shares of Radian Group during the last ninety days. Most recently, on Tuesday, November 23rd, Richard G. Thornberry bought 20,000 shares of Radian Group stock. The stock was acquired at an average cost of $21.65 per share, with a total value of $433,000.00. Learn More on Richard G. Thornberry's trading history.
Who are Radian Group's active insiders?: Radian Group's insider roster includes Derek Brummer (Insider), Howard Culang (Chairman), Mary Dickerson (VP), Lisa Hess (Director), Edward Hoffman (EVP), Brien Mcmahon (EVP), Lisa Mumford (Director), Sumita Pandit (Senior Executive Vice President, CFO), Robert Quigley (EVP, Corporate Controller, CAO), Eric Ray (EVP), Gregory Serio (Director), Noel Spiegel (Director), and Richard Thornberry (CEO). Learn More on Radian Group's active insiders.
Are insiders buying or selling shares of Radian Group?: In the last twelve months, insiders at the insurance provider sold shares 9 times. They sold a total of 236,776 shares worth more than $7,912,313.24. The most recent insider tranaction occured on September, 5th when insider Derek Brummer sold 35,153 shares worth more than $1,243,010.08. Insiders at Radian Group own 2.2% of the company. Learn More about insider trades at Radian Group.
Information on this page was last updated on 9/5/2024.

Richard G. Thornberry Insider Trading History at Radian Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/23/2021	Buy	20,000	$21.65	$433,000.00
4/30/2018	Buy	20,000	$14.62	$292,400.00
8/21/2017	Buy	5,000	$16.54	$82,700.00	20,000
8/18/2017	Buy	15,000	$16.78	$251,700.00	15,000

Richard G. Thornberry Buying and Selling Activity at Radian Group

Radian Group Company Overview

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting. The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage. This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution. It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees. The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

Today's Range

Now: $33.60

$33.45

$34.00

50 Day Range

MA: $34.44

$31.68

$35.84

2 Week Range

Now: $33.60

$24.92

$37.86

Volume

678,400 shs

Average Volume

1,410,680 shs

Market Capitalization

$5.00 billion

P/E Ratio

8.70

Dividend Yield

2.89%

Beta

1.04

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Richard Thornberry Biography and Net Worth

What is Richard G. Thornberry's net worth?

How old is Richard G. Thornberry?

What is Richard G. Thornberry's salary?

How do I contact Richard G. Thornberry?

Has Richard G. Thornberry been buying or selling shares of Radian Group?

Who are Radian Group's active insiders?

Are insiders buying or selling shares of Radian Group?