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Ambac Financial Group

COMPANY

Founded 1971 as Ambac, the American Municipal Bond Assurance Corporation, a subsidiary of MGIC Investment. It changed name to Ambac Financial Group in 1997.

Official Website:
http://www.ambac.com/

Industry:
Insurance

Ticker:
NYSE:ABK

Corporate headquarters:
New York City

Sales:
$1.7B (2005)

Employees:
350

EXECUTIVES

NameOccupationBirthDeathKnown for
Michael A. Callen
Business
c. 1941   Avalon Argus Associates
Robert J. Genader
Business
c. 1947   CEO of Ambac, 2004-08
Phillip B. Lassiter
Business
c. 1944   CEO of Ambac, 1991-2004

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Michael A. Callen
Business
c. 1941   Avalon Argus Associates
Jill M. Considine
Business
c. 1944   Chairman of Depository Trust Company, 1998-2006
Philip N. Duff
Business
c. 1958   Front Point Partners
Thomas C. Theobald
Business
5-May-1937   CEO of Continental Bank, 1987-94
Laura S. Unger
Government
c. 1961   SEC Commissioner, 1997-2001
Henry D. G. Wallace
Business
c. 1946   CFO of Ford Motor, 2000-01

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Robert J. Genader
Business
c. 1947   CEO of Ambac, 2004-08
W. Grant Gregory
Business
c. 1942   Chairman of Touche Ross, 1982-87
Phillip B. Lassiter
Business
c. 1944   CEO of Ambac, 1991-2004
Lowell W. Robinson
Business
c. 1949   COO of MIVA, Inc.


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