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

Name	Occupation	Birth	Death	Known 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

Name	Occupation	Birth	Death	Known 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

Name	Occupation	Birth	Death	Known 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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