Executive Indian

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Two Hundred and Nine Days Between Seats

Radian ended Sumita Pandit's tenure as president and CFO on February 12. Genpact signed her as CFO 203 days later, with a $3 million bonus.

Lower Manhattan — Superbass, CC BY-SA 4.0, via Wikimedia Commons
Lower Manhattan — Superbass, CC BY-SA 4.0, via Wikimedia Commons

On February 12, 2026, Radian Group told the SEC that Sumita Pandit no longer served as its president and chief financial officer. The filing described the exit as an involuntary termination. It gave no reason.

She had held the combined title for 297 days.

Seven months later, on September 3, Genpact signed her to an employment agreement as its chief financial officer. The gap between the two filings, from the first to her start date of September 9, was 209 days.

The Seat She Built

Pandit arrived at Radian in March 2023 as the company's first chief growth officer. On May 18 of that year the company named her chief financial officer, and chief executive Rick Thornberry said she brought "an exceptional blend of financial markets and investment banking expertise." She had come from dLocal, where she was chief operating officer from 2021 to 2023, and before that from J.P. Morgan, where she was a managing director through 2021 and global head of fintech investment banking.

Her own words at the time were measured. "Radian is a proven industry leader with an excellent team and culture, combined with a very strong financial position," she said. She added that she looked forward to helping the company "achieve its strategic objectives."

Then the job grew. When Derek Brummer, Radian's president of mortgage insurance, retired, the company moved his exit up to April 21, 2025. Pandit took over responsibility for all aspects of the mortgage insurance business on top of finance. The filing was explicit that the acceleration was not the result of any disagreement.

One executive now held both the finance function and the mortgage insurance business.

The Split

The same filing then divided her work among four people. Daniel Kobell, 46, became interim chief financial officer after 11 years in Radian's finance department. Robert Quigley became controller and chief accounting officer. Meghan Bartholomew, with 24 years in mortgage insurance, and Steve Keleher, with 18, were named co-heads of the mortgage insurance business.

Radian's own phrase for the move was the elevation of long-standing executives. The filing said that under her severance agreement she would receive the benefits of a qualifying termination.

What the filing did not say is why. No reason appears in it, and neither Radian nor Pandit has put one on the record in the sources reviewed for this piece.

The 209 Days

The next document came from another company, in another industry. On September 8, Genpact announced her appointment as senior vice president and chief financial officer, effective the following day. She succeeds Michael Weiner, who had held the job since 2021 and stays on as an advisor through the end of the first quarter of 2027.

Genpact's chief executive, Balkrishan Kalra, cast the hire in terms of range. Pandit, he said, brings "a distinctive combination of finance leadership in rapidly scaling companies" along with operating and capital-markets experience.

Her own statement was about positioning. "Genpact sits at a rare intersection with decades of deep domain knowledge," she said, pairing it with enterprise operations and technology. She will report to Kalra and sit on the Genpact Leadership Council.

The Price Of The Seat

The 8-K filed for the appointment sets the terms in dollars. The base salary is $750,000, with a target bonus of 120 percent of base. A one-time bonus of $3 million is split in two: $400,000 in December 2026 and $2.6 million in December 2027, each subject to satisfactory performance. Unpaid amounts are generally forfeited if her employment ends, except on a termination without cause or a resignation for good reason.

Two equity awards of $2.675 million each, one performance-based and one vesting over three years, sit on top.

Of the $3 million, $2.6 million arrives only in December 2027.

The Harder Assignment

The complication is the change of terrain. At Radian she ran a balance-sheet business, mortgage insurance, and the finance function around it. Genpact describes itself as the Agentic Operations company, and her stated task is to "invest in and scale this next phase for Genpact" through what she calls agentic intelligence. She is replacing a chief financial officer of five years, with that predecessor still on the payroll.

The record that will judge the move has not been written. Her first dated marker is the $400,000 tranche due in December 2026. The next is March 31, 2027, when Weiner's transition ends and the finance seat is hers alone.

The February filing closed a job in one sentence. The September one schedules the next two years in dates and dollar amounts.

Sources

  1. Genpact via PR Newswire, 2026-09-08
  2. U.S. SEC EDGAR - Genpact Form 8-K, Item 5.02 (event 2026-09-08)
  3. Radian Group Inc. via SEC EDGAR (8-K Ex. 99.1), 2023-05-18
  4. U.S. SEC EDGAR - Radian Group Form 8-K, Item 5.02, dated 2026-02-12
  5. U.S. SEC EDGAR - Radian Group Form 8-K, Item 5.02, dated 2025-04-03