William H. Lacy Jr.
William Howard Lacy Jr. (1945 – August 28, 2016) was the CEO of MGIC Investment from 1987 to 1999, the largest provider of private mortgage insurance in the United States.[1] Lacy was among various Wisconsin business executives criticized for cashing in stock options while corporate profits remained flat.[2]
He was born in Chicago[3] and attended the United States Air Force Academy and graduated from the University of Wisconsin–Milwaukee with a bachelor's degree in Business Administration in 1968.[4]
Lacy was a director of Johnson Controls,[5] American Capital Access (ACA Capital) and Ocwen Financial Corp. He died of respiratory failure on August 28, 2016.[6]
References
- ^ "MGIC chief Lacy to retire at year's end", Milwaukee Journal Sentinel, pp. B1, October 22, 1999
- ^ Dresang, Joel (June 6, 1999), "An option they didn't refuse: Despite declining profits, Wisconsin executives cash in with stock-based incentives", Milwaukee Journal Sentinel, pp. B1
- ^ Corporation, Standard and Poor's (September 12, 2000). "Standard & Poor's Register of Corporations, Directors and Executives". Standard & Poor's Corporation – via Google Books.
- ^ William Lacy, Sanford Carter honored, University of Wisconsin–Milwaukee. Retrieved on July 4, 2007.
- ^ William H. Lacy, Johnson Controls. Retrieved on July 4, 2007.
- ^ Chiglinsky, Katherine (30 August 2016). "William Lacy, Who Led MGIC for More Than a Decade, Dies at 71". Bloomberg L.P. Retrieved September 12, 2019.
External links
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