WAYNE, PA — Radian Group Inc. (NYSE: RDN) has appointed Deluxe Corporation Chief Executive Officer Barry C. McCarthy to its board, adding expertise in payments, financial technology and data analytics as the insurer expands its specialty insurance business.
McCarthy, 62, has led Deluxe since 2018, overseeing its transition from a check-printing company into a payments and data business. He also serves on the publicly traded company’s board.
The appointment adds nearly four decades of executive experience across financial services, payments, software, analytics and consumer products to Radian’s board.
McCarthy previously held senior leadership positions at First Data, Wells Fargo and VeriSign.
“As Radian continues to evolve as a global multi-line specialty insurer, his perspectives on innovation and governance will be highly relevant to our Board and management team,” Radian Non-Executive Board Chairperson Howard B. Culang stated.
McCarthy identified Radian’s financial position, risk-management experience and data capabilities as areas supporting the company’s growth.
“Radian has a strong reputation, a differentiated business model and a clear opportunity to build on its financial strength, risk expertise and data and analytics capabilities,” he stated.
McCarthy holds director certifications from NACD and ACCD and earned an MBA from Northwestern University’s Kellogg School of Management.
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