Governance Overview

The Board of Directors of NMI Holdings, Inc. oversees the business and affairs of the Company. The Board selects our Chief Executive Officer who is responsible for managing the operations of our business. The Board is comprised of nine members and is jointly led by our Chairman and Lead Independent Director. The Board has established four standing committees – Audit, Compensation, Governance and Nominating, and Risk. Each standing committee is chaired and staffed by the independent members of the Board.

Board Leadership

Bradley M. Shuster serves as Executive Chairman and Chairman of the Board. Steven L. Scheid serves as Lead Independent Director.

The Lead Independent Director is selected by the independent members of the Board of Directors and:

  • acts as the primary contact between the Company and the independent directors, undertaking to meet or confer periodically with members of the Company's executive team regarding matters related to the business of the Company;
  • assists the Chairman of the Board, as necessary, with conducting Board meetings;
  • assists with the preparation of agenda items for meetings of the Board and its committees; and
  • undertakes such other duties as the Board may from time to time assign to the Lead Director.

Communicating with the Board

Stockholders may communicate with the members of the Board, the Lead Director or the non-management members of the Board as a group, by sending a written communication to NMI Holdings, Inc., Attention: Corporate Secretary, 2100 Powell Street, 12th Floor, Emeryville, CA 94608.

Board Committees

Audit, Compensation, Governance and Nominating, and Risk.