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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; Andrew.FitzGerald@dowjones.com

Stock News for Genworth (GNW)
DateTimeHeadline
02/12/201612:17:31Statement of Ownership (sc 13g)
02/12/201609:14:13Amended Statement of Ownership (sc 13g/a)
02/10/201611:24:37Amended Statement of Ownership (sc 13g/a)
02/09/201614:34:00A.M. Best Downgrades Ratings of Genworth Financial, Inc. and...
02/04/201618:30:00Genworth to Separate Struggling Long-Term Care Segment
02/04/201617:11:57Statement of Changes in Beneficial Ownership (4)
02/04/201617:04:32Current Report Filing (8-k)
02/04/201616:45:00Genworth Financial Announces Fourth Quarter 2015 Results
01/26/201614:13:23Amended Statement of Ownership (sc 13g/a)
01/19/201616:15:00Genworth Completes Redemption Of Outstanding 2016 Senior Notes
01/15/201616:27:00Genworth Closes Sale Of Certain Blocks Of Term Life Insurance...
01/12/201616:15:00Genworth Financial Schedules Earnings Conference Call For February...
01/05/201616:28:05Statement of Changes in Beneficial Ownership (4)
01/04/201616:28:44Statement of Changes in Beneficial Ownership (4)
01/04/201616:27:50Statement of Changes in Beneficial Ownership (4)
01/04/201616:26:38Statement of Changes in Beneficial Ownership (4)
01/04/201616:25:47Statement of Changes in Beneficial Ownership (4)
01/04/201616:24:56Statement of Changes in Beneficial Ownership (4)
01/04/201616:23:10Statement of Changes in Beneficial Ownership (4)
01/04/201616:22:42Statement of Changes in Beneficial Ownership (4)

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