(Mike Weinbach, CEO, Radian. Source: Radian.)
Radian Group (Wayne, Pa.) has announced that Mike Weinbach has assumed the role of CEO and joined the company’s Board of Directors.
Howard Culang, Non-Executive Chairperson of the Board, Radian.
The move completes a planned leadership transition announced May 21, 2026, according to a Radian statement. Weinbach succeeds Rick Thornberry, who will serve as a strategic advisor through his retirement on Dec. 31, 2026.
“Radian’s Board of Directors is pleased to welcome Mike to his new roles following a thoughtful and comprehensive transition process,” comments Howard Culang, Non-Executive Chairperson of the Board, Radian. “Mike is an accomplished leader whose experience, strategic judgment and deep financial services expertise make him well suited to lead Radian through this next phase of growth.”
Radian says Weinbach assumes the CEO role as the company builds momentum as a global, diversified multi-line specialty insurer. The company completed its acquisition of Lloyd’s specialty insurer Inigo Limited on Feb. 2, 2026, and has divested other non-core businesses.
Radian says its mortgage and specialty insurance businesses are intended to strengthen the company’s ability to deliver long-term value.
Pivotal and Promising Moment
Rick Thornberry, former CEO, Radian.
“It is an honor to join Radian at such a pivotal and promising moment,” comments Weinbach. “My confidence in the company’s future has only grown as I have spent time with our talented team and seen firsthand our differentiated approach to delivering value for customers, stockholders, and other stakeholders.”
Weinbach most recently served as President, Mr. Cooper Group, where he led the mortgage servicer through its acquisition by Rocket Companies in 2025 while advancing customer-experience and portfolio-growth technology initiatives.
He previously served as CEO, Consumer Lending, Wells Fargo, overseeing home, auto, student and personal lending, credit cards and merchant services. Before Wells Fargo, Weinbach spent 16 years at JPMorgan Chase, ultimately serving as CEO, Chase Home Lending. He began his career as an M&A investment banker at Citigroup.
Radian provides mortgage and specialty insurance. The company describes itself as a global multi-line specialty insurer focused on helping businesses manage risk.