People: MBIA Inc (MBI.N)
14.57USD
24 May 2013
$-0.23 (-1.55%)
$14.80
$14.61
$14.71
$14.50
369,566
1,123,445
$16.14
$6.78
Brown, Joseph
Brief Biography
Mr. Joseph W. Brown, Jr., serves as Chief Executive Officer, Director of MBIA Inc. He rejoined the Company in February 2008 as Chairman and Chief Executive Officer and served as Chairman until May 7, 2009. He became Executive Chairman on May 6, 2004 and retired from that position on May 3, 2007. Until May 2004, he had served as Chairman and Chief Executive Officer. He originally joined the Company as Chief Executive Officer in January 1999, having been a Director since 1986 and became Chairman in May 1999. Prior to joining the Company, Mr. Brown was Chairman of the Board of Talegen Holdings, Inc. from 1992 through 1998. Prior to joining Talegen, Mr. Brown had been with Fireman’s Fund Insurance Companies as President and Chief Executive Officer. Within the past five years, Mr. Brown also served as Non-Executive Chairman and as a Director of Safeco Corporation.
Basic Compensation
| Total Annual Compensation, USD | Long-Term Incentive Plans, USD | All Other, USD | Fiscal Year Total, USD |
|---|---|---|---|
| 500,000 | -- | 175,000 | 675,000 |
Options Compensation
| Quantity | Market Value | |
|---|---|---|
| Excercisable | 24,686,520 | 454,995.00 |
| Unexercisable | 15,714,880 | 27,372,500.00 |
| Excercised | 1,446,000 | 1,054,000.00 |
| Name | Fiscal Year Total |
|---|---|
Daniel Kearney |
-- |
C. Edward Chaplin |
10,726,500 |
William Fallon |
10,726,500 |
Joseph Brown |
675,000 |
Clifford Corso |
1,380,340 |
Ram Wertheim |
7,285,170 |

