Actionable news
0
All posts from Actionable news
Actionable news in GNW: GENWORTH FINANCIAL Inc,

Departure of Directors or Certain

Chief Financial Officer Transition

On October12, 2015, Martin P. Klein, Chief Financial Officer of Genworth Financial, Inc. (the Company), notified the Company that he intended to resign from his position in order to accept a senior leadership position with another financial services company. Subsequently Mr.Klein resigned his position effective October15, 2015, and will remain with the Company in an advisory role through October30, 2015.

On October15, 2015, Kelly L. Groh was appointed Executive Vice President and Chief Financial Officer. Ms.Groh has been serving as the Companys Controller and Principal Accounting Officer since May 2012, and will continue to serve in this role until such time as a successor is named. In connection with her appointment as Executive Vice President and Chief Financial Officer, Ms.Groh will receive an annual base annual salary of $500,000 and an annual incentive target of 80% of her base salary.

Ms.Groh, age 47, has been the Companys Controller and Principal Accounting Officer since May 2012. Ms.Groh served in the Companys Investment organization as Senior Vice President of Investment Portfolio Management from December 2010 to May 2012. From August 2008 to December 2010, she...


More