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Ambac Financial Group, Inc. (ABK)

On Feb 9: 0.63 USD  Down 0.02 (3.08%)  
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Ambac Financial Group, Inc.
One State Street Plaza
New York, NY 10004
Phone: 212-668-0340
Fax: 212-509-9190
Web Site: http://www.ambac.com

DETAILS
Index Membership: N/A
Sector: Financial
Industry: Surety & Title Insurance
Employees (last reported count): 328

BUSINESS SUMMARY
Ambac Financial Group, Inc., through its subsidiaries, provides financial guarantees and financial services to clients in the public and private sectors worldwide. The company operates through two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantee insurance and other credit enhancement products in the U.S. public finance market, the U.S. structured finance and asset-backed market, and the international finance market. The Financial Services segment manages interest rate swap and investment agreement run off businesses for municipalities and other public entities, health care organizations, investor-owned utilities, and asset-backed issuers. Ambac Financial Group was founded in 1971 and is headquartered in New York, New York.
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    OFFICERS
      Pay Exercised
    Mr. Michael A. Callen , 69
    Chairman
    $ 1.59M $ 0
    Mr. David W. Wallis , 50
    Chief Exec. Officer, Pres
    $ 1.22M $ 0
    Mr. Kevin J. Doyle Esq., 53
    Chief Legal Officer, Exec. VP, Gen. Counsel, Sr. VP of Ambac Assurance UK Ltd and Gen. Counsel of Ambac Assurance UK Ltd
    $ 1.21M $ 0
    Mr. John W. Uhlein III, 53
    Consultant
    $ 1.10M $ 0
    Mr. Robert Eisman , 43
    Managing Director, Principal Accounting Officer and Corp. Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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