UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 25, 2005
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TRIAD GUARANTY INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-22342 56-1838519
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State of Other Commission File Number I.R.S. Employer
Jurisdiction of Identification Number
Incorporation
101 SOUTH STRATFORD ROAD
WINSTON-SALEM, NORTH CAROLINA 27104
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (336) 723-1282
Not Applicable
(Former name or former address, if changed since last report)
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
On April 25, 2005, Triad Guaranty Inc. (the "Company") announced the hiring of
Eric B. Dana as Senior Vice President and Chief Financial Officer of the Company
and its subsidiaries effective on that date. Mr. Dana will report to Ron
Kessinger, Chief Operating Officer. Prior to joining Triad, Mr. Dana served as
Chief Financial Officer for The Banker's Bank in Atlanta. Previously, Mr. Dana
was with Lighthouse Financial Services and First Union Corporation. For more
information, reference is made to the Company's press release dated April 25,
2005, a copy of which is filed as Exhibit 99.1 and is furnished herewith.
On April 27, 2005, the Company announced that Darryl W. Thompson has informed
the Board of Directors of his desire to retire as President and Chief Executive
Officer of the Company no later than the 2006 Annual Meeting. The Board has not
set a timetable to replace Mr. Thompson but will make a decision with respect to
his successor as part of its ongoing succession planning process. For more
information, reference is made to the Company's press release dated April 27,
2005, a copy of which is attached to this Report as Exhibit 99.2 and is
furnished herewith.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Number Description
99.1 Press Release dated April 25, 2005
99.2 Press Release dated April 27, 2005
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TRIAD GUARANTY INC.
Date: April 27, 2005 By: /s/ Kenneth S. Dwyer
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Kenneth S. Dwyer
Vice President and Chief
Accounting Officer