Monday, August 8, 2011

Nutt leaves United Guaranty - Minneapolis / St. Paul Business Journal:

http://strollerssite.com/Matching-products/product-type-does-not-match/
Nutt left Friday and has been replacexd by new CEO Eric according toDavid Monfried, a spokesman for AIG baseed in New York. Local officials with Greensboro-basex United Guaranty said they coulrdnot comment. Monfried could not comment on the circumstancesof Nutt’ds departure from the company. Nutt has been CEO of Unitec Guarantysince 2001. United Guaranty employs about 500 people in Like others in the mortgageinsurance business, it has been hit hard by the nationwidwe housing bust. In the first quarter of this year the unit reportede operating lossesof $483 The new CEO Eric Martinex has been with AIG since January and managedf the just-concluded sale of a $1.
2 billiob real estate holding by the companyh in Tokyo. Monfried said Martinez has also been involvedr ina “deep strategic review” of United Guaranty. Monfried said therre are no other operational changes at Unitef Guaranty to announce atthis

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