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Genworth Financial Announces Leadership Transition

  • Thomas J. McInerney will retire as President & CEO & step down from the Genworth Financial Board of Directors effective December 31, 2026.
  • Jerome Upton, currently Genworth's CFO, will be named President & CEO & appointed to the Board of Directors effective January 1, 2027.
  • Angela Simmons, currently CFO of Genworth's Closed Block, will become Executive Vice President & CFO effective January 1, 2027.
  • McInerney served as Genworth's President & CEO for 14 years, leading initiatives such as strengthening the financial foundation, returning capital to shareholders, addressing legacy long-term care challenges, & launching CareScout.
  • Upton has been with the company since 1998 & served as CFO since March 2023, contributing significantly to strategy development & financial improvements.
  • Simmons has been with Genworth since 2002, holding leadership roles in capital markets, SEC reporting, & controllership before becoming Closed Block CFO in 2020.