MICHAEL A. CALLEN

Corporate Board Profile

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AMBAC FINANCIAL GROUP INC

Filing Date	Source Excerpt
2009-03-25	Michael A. Callen, Age 68, Director since 1991. Executive Chairman of Ambac and Ambac Assurance since January 2008. On October 21, 2008, Mr. Callen stepped down from his position as Interim President and Chief Executive Officer of Ambac and Ambac Assurance, but continues to act as Executive Chairman of Ambac and Ambac Assurance. On January 16, 2008 Mr. Callen was appointed Chairman and Interim President and Chief Executive Officer of Ambac and Ambac Assurance.
2010-04-30	Michael A. Callen Age 69 Director since 1991 Executive Chairman of Ambac and Ambac Assurance since January 2008. On October 21, 2008, Mr. Callen stepped down from his position as Interim President and Chief Executive Officer of Ambac and Ambac Assurance, but continues to act as Executive Chairman of Ambac and Ambac Assurance. ... Mr. Callen received base salary at an annual rate of $650,000, which was unchanged from the prior year. ... The Committee awarded Mr. Callen an annual cash bonus of $536,250. ... 2009 Summary Compensation Table shows total compensation of $1,200,950.

Filing Date

Source Excerpt

2009-03-25

Michael A. Callen, Age 68, Director since 1991. Executive Chairman of Ambac and Ambac Assurance since January 2008. On October 21, 2008, Mr. Callen stepped down from his position as Interim President and Chief Executive Officer of Ambac and Ambac Assurance, but continues to act as Executive Chairman of Ambac and Ambac Assurance. On January 16, 2008 Mr. Callen was appointed Chairman and Interim President and Chief Executive Officer of Ambac and Ambac Assurance.

2010-04-30

Michael A. Callen Age 69 Director since 1991 Executive Chairman of Ambac and Ambac Assurance since January 2008. On October 21, 2008, Mr. Callen stepped down from his position as Interim President and Chief Executive Officer of Ambac and Ambac Assurance, but continues to act as Executive Chairman of Ambac and Ambac Assurance. ... Mr. Callen received base salary at an annual rate of $650,000, which was unchanged from the prior year. ... The Committee awarded Mr. Callen an annual cash bonus of $536,250. ... 2009 Summary Compensation Table shows total compensation of $1,200,950.

Data sourced from SEC filings. Last updated: 2025-12-06