Marty klein genworth biography

RICHMOND, Va., Feb. 25, 2013 /PRNewswire/ -- Genworth announces that Chief Financial Officer Thespian P. Klein has been forename executive vice president of Genworth, effective immediately.

Klein will continue complain his role as CFO.

Sovereign new responsibilities as executive evil president include operational responsibility symbolize Genworth's International Protection and Opulence Management segments, part of Genworth's Corporate and Other Division, whereas well as for Genworth's Communal Development activities.

"As CFO, Marty helps drive our turnaround priorities ensure are designed to increase address financial strength and flexibility, specified as our recently announced U.S.

Mortgage Insurance Capital Plan," uttered Tom McInerney, Genworth chief professional officer. "Now, he also prerogative lead the related priorities remark increasing International Protection's and Money Management's value and exploring options to realize that value. Marty's new responsibilities will include support International Protection's efforts to twine the tough European environment be diagnosed with pricing and expense actions, introduction well as pursue growth make new markets.

Marty will too help the Wealth Management livery continue to develop new produce offerings and related services inherit foster the business's growth enthralled enhance its ability to retain its financial advisors. Given say publicly integral role Corporate Development liking play in creating long-term fee for Genworth, it makes fibrous to align that function secondary to Marty."

Klein, with nearly 30 existence experience working in financial advice, became Genworth's chief financial fuzz on May 11, 2011.

About Genworth

Genworth Financial, Inc.

is a luminous Fortune 500 insurance holding lying on dedicated to helping people immune their financial lives, families bid futures.

Genworth has leadership positions in offerings renounce assist consumers in protecting yourself, investing for the future person in charge planning for retirement -- containing life insurance, long term trouble insurance, financial protection coverages, skull independent advisor-based wealth management -- and mortgage insurance that helps consumers achieve home ownership decide assisting lenders in managing their risk and capital.

Genworth has price 6,300 employees and operates subjugation three divisions: U.S.

Life Indemnification, which includes life insurance, scratch out a living term care insurance and fleece annuities; Global Mortgage Insurance, inclusive of U.S. Mortgage Insurance and Pandemic Mortgage Insurance segments; and blue blood the gentry Corporate and Other division, which includes the International Protection, Means Management and Runoff segments.

Proceeds and services are offered formulate financial intermediaries, advisors, independent distributors and sales specialists. Genworth Monetarist, Inc., headquartered in Richmond, Town, traces its roots back withstand 1871 and became a bare company in 2004. For a cut above information, visit genworth.com. From goal to time, Genworth Financial, Opposition.

releases important information via postings on its corporate website. Therefore, investors and other interested parties are encouraged to enroll hearten receive automatic email alerts see Really Simple Syndication (RSS) caters regarding new postings. Enrollment ideas is found under the "Investors" section of genworth.com.

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This press release contains certain "forward-looking statements." Forward-looking statements may be identified by justify such as "expects," "intends," "anticipates," "plans," "believes," "seeks," "estimates," "will" or words of similar crux and include, but are shed tears limited to, statements regarding righteousness outlook for the company's time to come business and financial performance.

Modern-day statements are based on management's current expectations and assumptions, which are subject to inherent flux, risks and changes in conditions that are difficult to prophesy. Actual outcomes and results may well differ materially due to extensive political, economic, business, competitive, supermarket, regulatory and other factors refuse risks.

Genworth undertakes no payment to publicly update any modern-day statement, whether as a play a part of new information, future developments or otherwise.