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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
04/27/201518:42:36BTIG Research Reaffirms Buy Rating for Genworth Financial (GNW)
04/22/201510:50:13Genworth Financial PT Lowered to $9.00 at Keefe, Bruyette & Woods...
04/17/201518:00:00Genworth Financial Responds to Final PMIERs
04/15/201516:10:00Genworth Financial Schedules Earnings Conference Call For April...
04/14/201507:06:30My Best Long Idea For 2015 Is Up 100%, So Genworth Is My New...
04/13/201512:01:05Genworth gains on report of JC Flowers interest
04/09/201514:00:00Genworth 2015 Annual Cost of Care Study: While Long Term Care...
04/02/201509:59:10Big pay cut for Genworth boss after tough year
04/02/201508:27:03Proxy Statement (definitive) (def 14a)
04/01/201518:04:28Statement of Changes in Beneficial Ownership (4)
04/01/201518:03:34Statement of Changes in Beneficial Ownership (4)
04/01/201518:02:08Statement of Changes in Beneficial Ownership (4)
04/01/201518:01:18Statement of Changes in Beneficial Ownership (4)
04/01/201518:00:49Statement of Changes in Beneficial Ownership (4)
04/01/201518:00:22Statement of Changes in Beneficial Ownership (4)
04/01/201517:59:58Statement of Changes in Beneficial Ownership (4)
04/01/201517:59:32Statement of Changes in Beneficial Ownership (4)
04/01/201517:58:31Statement of Changes in Beneficial Ownership (4)
03/26/201509:00:00Americans and Aging: New Genworth Research Examines Americans...
03/24/201516:06:08Statement of Changes in Beneficial Ownership (4)

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