NEW YORK–(BUSINESS WIRE)–Financial Guaranty Insurance Company (“FGIC”) today announced the planned retirement of Timothy S. Travers, FGIC’s Chief Executive Officer, effective year-end 2026. Mr. Travers joined FGIC in 2003 and held a number of positions before becoming Chief Executive Officer in 2013. Derek M. Donnelly will succeed Mr. Travers as Chief Executive Officer. Mr. Donnelly joined FGIC in 2006 and has held various positions including Senior Managing Director – Portfolio Risk Manageme