WAYNE, PA — Radian Group Inc. (NYSE: RDN) has reorganized its senior leadership, creating a property and casualty insurance strategy position and appointing new finance and technology executives as the Wayne-based insurer seeks to expand its specialty insurance and reinsurance businesses while maintaining capital discipline.
The changes place Russell Merrett, a founder and chief underwriting officer of Radian’s specialty insurance subsidiary Inigo, in a newly created position overseeing the company’s property and casualty strategy.
Merrett will report directly to Chief Executive Officer Mike Weinbach and evaluate opportunities to expand Radian’s insurance and reinsurance operations through new markets, partnerships and other business initiatives.
The appointment establishes a dedicated executive role for assessing growth opportunities beyond Radian’s established mortgage insurance operations, with an emphasis on underwriting profitability and capital allocation.
Radian also named Dan Kobell chief financial officer, making permanent a position he has held on an interim basis since February 2026.
Kobell joined Radian in 2015 and has held several senior finance positions. He will continue overseeing financial strategy, capital allocation and risk management, reporting to Weinbach.
His responsibilities include maintaining the company’s capital strength and financial flexibility while directing investments toward business priorities intended to generate sustainable returns.
The company also recruited Courtney Smith Goodrich as chief information officer, placing a former Fannie Mae executive in charge of technology modernization, data management and analytics.
Smith Goodrich most recently served as chief strategy and transformation officer at Fannie Mae, where she oversaw enterprise-wide transformation initiatives.
She previously held executive leadership positions at Wells Fargo and JPMorgan Chase.
At Radian, she will report to Weinbach and lead technology initiatives intended to improve operational efficiency, support decision-making and strengthen customer services across the company’s businesses.
The leadership changes also include a succession plan at Inigo, Radian’s specialty insurance subsidiary.
Craig Knightley has been promoted to chief underwriting officer of Inigo and will succeed Merrett in that position, subject to regulatory approval.
Knightley joined Inigo at its founding and helped develop its underwriting operations, including the Horizon and Inform programs.
He will oversee underwriting across Inigo’s insurance, reinsurance and partnership businesses and report to Inigo Chief Executive Officer Richard Watson.
The transition allows Merrett to concentrate on Radian’s broader property and casualty strategy while Knightley assumes responsibility for underwriting operations within the specialty insurance subsidiary.
Stuart Bridges, another Inigo founder who has served as its chief financial officer, will move into a newly established role as Radian Group Advisor.
Bridges will focus on relationships with business partners, insurance market participants and property and casualty investors.
His responsibilities will include expanding awareness of Radian’s strategy and business operations among investors and other participants in the specialty insurance sector.
The appointments reflect Radian’s effort to coordinate its mortgage insurance and specialty insurance operations while establishing additional executive capacity for expansion.
“These appointments build on that depth, expanding our leadership team with a balance of financial, technology, and underwriting expertise to support executing our strategy and next phase of growth,” Weinbach stated.
He also emphasized the company’s approach to evaluating expansion opportunities.
“We see real opportunity ahead and will pursue it with the same risk and capital discipline that underpins our financial strength and creates long-term stockholder value,” Weinbach stated.
The executive changes leave the existing leadership of Radian’s mortgage insurance subsidiary intact.
Meghan Bartholomew and Steve Keleher will continue serving as co-heads of Radian Guaranty, while Watson remains chief executive officer of Inigo.
The restructuring gives Radian separate executive oversight of financial management, technology modernization and property and casualty expansion, while retaining established leadership across its principal insurance businesses.
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