-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QY0ftYJ4ahsr6rJQW9PTcEhrQV8Iv1/mRM9tCOgx4BoqhfFGqquQxyMP7YE9Kf0B n4PnbDuiaKqo/h1xx9d0og== 0001157523-05-007403.txt : 20050812 0001157523-05-007403.hdr.sgml : 20050812 20050812145208 ACCESSION NUMBER: 0001157523-05-007403 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050811 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050812 DATE AS OF CHANGE: 20050812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MBIA INC CENTRAL INDEX KEY: 0000814585 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 061185706 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09583 FILM NUMBER: 051020989 BUSINESS ADDRESS: STREET 1: 113 KING ST CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 914-273-4545 MAIL ADDRESS: STREET 1: 113 KING ST CITY: ARMONK STATE: NY ZIP: 10504 8-K 1 a4951990.txt MBIA INC. 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 11, 2005 MBIA INC. (Exact name of registrant as specified in its charter) Connecticut 1-9583 06-1185706 (State or other jurisdiction of (Commission File Number) (IRS Employer incorporation) Identification No.) 113 King Street, Armonk, New York 10504 (Addresses of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 914-273-4545 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. (d) Election of Director. On August 11, 2005, MBIA Inc. announced that Jeffery W. Yabuki was elected a member of the Board of Directors of MBIA Inc. The Board of Directors of MBIA Inc. also appointed Mr. Yabuki to serve as a member of the Audit Committee and Risk Oversight Committee of the Board of Directors of MBIA Inc. Item 9.01. Financial Statements and Exhibits. (c) Exhibits. 99.1 Press Release issued by MBIA Inc. dated August 11, 2005. SIGNATURES 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. MBIA INC. By:/S/RAM D. WERTHEIM -------------------------------- Ram D. Wertheim General Counsel Date: August 12, 2005 EX-99.1 2 a4951990ex991.txt EXHIBIT 99.1 Exhibit 99.1 Jeffery W. Yabuki Elected to MBIA Board of Directors ARMONK, N.Y.--(BUSINESS WIRE)--Aug. 11, 2005--MBIA Inc. (NYSE:MBI) announced today that Jeffery W. Yabuki, executive vice president and chief operating officer of H&R Block Inc., was elected to MBIA's Board of Directors. Mr. Yabuki has oversight responsibility for H&R Block's global tax business units, its financial services businesses, and digital products and services. In addition, he oversees several H&R Block corporate functions including information technology, marketing, compliance, and corporate development. Recognized for his strategic leadership, Mr. Yabuki has spearheaded several key areas of differentiation for H&R Block including the expansion of its integrated tax and financial services strategy and the launch of H&R Block branded services to the digital tax marketplace. He joined H&R Block as president of international operations and was in that role from 1999 to 2001. Prior to joining H&R Block Inc., Mr. Yabuki was with American Express from 1987 to 1999 in a variety of management roles, most recently as chief executive officer of American Express Tax and Business Services. MBIA Board Member and Nominating/Corporate Governance Committee Chairperson Claire Gaudiani said, "Jeff's distinguished career brings experience and vision especially in the area of business expansion to MBIA's Board of Directors. His diverse background in business strategy, operations, sales, marketing, information systems and accounting offers a unique set of talents and resources complementing our strong board. We are proud to welcome him to MBIA." Mr. Yabuki has a Bachelor of Science degree in business administration from California State University at Los Angeles and is a certified public accountant. He holds CPA certificates in California and Minnesota, a NASD Series 7 license, and is a past member of the Minnesota Board of Accountancy. He also serves on the board of directors of PetsMart, Inc., a specialty retailer of pet food and supplies. MBIA Inc., through its subsidiaries, is a leading financial guarantor and provider of specialized financial services. MBIA's innovative and cost-effective products and services meet the credit enhancement, financial and investment needs of its public and private sector clients, domestically and internationally. MBIA Inc.'s principal operating subsidiary, MBIA Insurance Corporation, has a financial strength rating of Triple-A from Moody's Investors Service, Standard & Poor's Ratings Services, Fitch Ratings, and Rating and Investment Information, Inc. Please visit MBIA's Web site at http://www.mbia.com. CONTACT: MBIA Inc. Liz James, 914/765-3889 -----END PRIVACY-ENHANCED MESSAGE-----