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: January 7, 1999 Date of Earliest Event Reported: January 7, 1999 MBIA Inc. ----------------------------------------------------- (Exact name of registrant as specified in its charter) Connecticut 1-9583 06-1185706 -------------- ------------------------ ------------ (State of (Commission File Number) (IRS Employer Incorporation) Identification No.) 113 King Street, Armonk, New York 10504 - -------------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) (914) 273-4545 --------------------------------------------------- (Registrant's telephone number, including area code) Page 1 of 4 ITEMS 1-4. Not applicable. ITEM 5. OTHER EVENTS ------------ On January 7, 1999, David H. Elliott, Chairman of MBIA Inc. announced senior management succession plan; Jay Brown Named Chief Executive Officer. ITEM 6. Not applicable. ITEM 7. FINANCIAL STATMENTS AND EXHIBITS -------------------------------- (c) Exhibits 20.1 MBIA Inc. Press Release dated January 7, 1999. ITEM 8. Not applicable. Page 2 of 4 SIGNATURE 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. ------------------------------ (Registrant) Date: January 7, 1999 By /s/ Neil G. Budnick --------------- ------------------------------- Name: Neil G. Budnick Title: Chief Financial Officer and Treasurer Page 3 of 4 EXHIBIT INDEX ------------- Exhibit No. Description ----------- ----------- 20.1 MBIA Inc. Press Release dated January 7, 1999 Page 4 of 4