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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)
08/26/201517:01:53Statement of Changes in Beneficial Ownership (4)
08/26/201517:00:34Statement of Changes in Beneficial Ownership (4)
08/24/201517:50:49Statement of Changes in Beneficial Ownership (4)
08/21/201516:17:19Statement of Changes in Beneficial Ownership (4)
08/19/201516:19:20Statement of Changes in Beneficial Ownership (4)
08/14/201521:01:00GENWORTH ALERT: Shareholder Rights Law Firm Johnson & Weaver...
08/10/201509:32:29Statement of Changes in Beneficial Ownership (4)
08/10/201509:31:32Statement of Changes in Beneficial Ownership (4)
08/05/201516:45:00A.M. Best Removes from Under Review & Affirms Ratings of Genworth...
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08/04/201517:16:13Current Report Filing (8-k)
08/04/201517:10:00Genworth Financial Announces Second Quarter 2015 Results
07/28/201509:40:00Life Insurance Stocks Highlight -- Genworth Financial, MetLife...
07/22/201508:22:53Current Report Filing (8-k)
07/22/201504:08:10Genworth to Sell Lifestyle Insurance Business to France's AXA
07/22/201502:45:00Genworth Enters Into Exclusive Negotiations With AXA S.A. To...
07/13/201516:10:00Genworth Financial Schedules Earnings Conference Call For August...
07/02/201516:24:00CANCELED: July 3 Genworth "Celebrate Freedom" Concert and Fireworks
07/01/201516:22:36Statement of Changes in Beneficial Ownership (4)
07/01/201516:21:43Statement of Changes in Beneficial Ownership (4)

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