Workflow
Enact Announces Changes to its Board of Directors
ACTEnact (ACT) GlobeNewswire·2025-03-11 20:15

Core Points - Enact Holdings, Inc. has appointed H. Elizabeth (Liz) Mitchell as an Independent Director effective March 11, 2025, and she will also serve on the Audit Committee [1] - Anne G. Waleski will not stand for re-election at the 2025 Annual Shareholder Meeting, leading to a temporary increase in the Board size from eleven to twelve directors [1] - Ms. Mitchell has extensive experience in finance and public companies, having served on various boards and as CEO of Renaissance U.S. Inc. until her retirement in 2016 [1][2] - Dom Addesso, Chairperson of the Board, expressed confidence that Ms. Mitchell's expertise will contribute to the company's growth and long-term shareholder value [3] - Ms. Waleski will continue her roles on the Audit Committee and Nominating & Corporate Governance Committee until the 2025 Annual Shareholder Meeting, and her decision not to seek re-election is not due to any disagreements with the company [3][4] Company Overview - Enact operates primarily through its wholly-owned subsidiary, Enact Mortgage Insurance Corporation, and is a leading private mortgage insurance provider in the U.S. [4] - The company aims to help more people achieve homeownership by partnering with lenders to provide top-tier service, underwriting expertise, and risk management [4]