William H. Lacy

William Howard Lacy (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

  1. ↑ "MGIC chief Lacy to retire at year's end", Milwaukee Journal Sentinel, pp. B1, October 22, 1999
  2. ↑ 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
  3. ↑
  4. ↑ William Lacy, Sanford Carter honored, University of Wisconsin–Milwaukee. Retrieved on July 4, 2007.
  5. ↑ William H. Lacy, Johnson Controls. Retrieved on July 4, 2007.
  6. ↑ https://www.bloomberg.com/news/articles/2016-08-29/william-lacy-who-led-mgic-for-more-than-a-decade-dies-at-71
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