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Genworth Names Barclay Manager Martin Klein To CFO Post

DOW JONES NEWSWIRES Genworth Financial Inc. (GNW) named a Barclays PLC (BCS, BARC.LN) manager, Martin P. Klein, as its chief financial officer, recruiting an executive with nearly 30 years of experience in the insurance, finance and investment banking fields. Klein, 51, previously worked as managing director of Barclays Capital's insurance and pensions units. He also led the insurance advisory group at Lehman Brothers. He will become a senior vice president at Genworth on April 11 and assume the CFO title after the company files its fiscal first-quarter results. Last month, Genworth Financial reported a surprise fourth-quarter loss on charges tied to its troubled mortgage-insurance unit. The company's bottom line had been improving in recent quarters, but core profits have disappointed as the mortgage operation has dragged on results. Shares were recently up 2.3% to $12.73 Friday. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;

Stock News for Genworth (GNW)
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04/29/201616:48:50Quarterly Report (10-q)
04/29/201616:17:46Current Report Filing (8-k)
04/28/201617:16:41Current Report Filing (8-k)
04/28/201617:05:00Genworth Financial Announces First Quarter 2016 Results
04/20/201616:19:17Initial Statement of Beneficial Ownership (3)
04/18/201608:01:47Current Report Filing (8-k)
04/14/201610:15:00Genworth Mortgage Insurance Urges Repeal of North Carolina Anti-LGBT...
04/11/201616:05:00Genworth Financial Schedules Earnings Conference Call For April...
04/01/201616:27:42Statement of Changes in Beneficial Ownership (4)
04/01/201616:27:17Statement of Changes in Beneficial Ownership (4)
04/01/201616:26:52Statement of Changes in Beneficial Ownership (4)
04/01/201616:26:26Statement of Changes in Beneficial Ownership (4)
04/01/201616:26:26Statement of Changes in Beneficial Ownership (4)

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