{"id":1015696,"date":"2026-10-30T07:58:21","date_gmt":"2026-10-30T11:58:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-financial-announces-leadership-transition\/"},"modified":"2026-10-30T07:58:21","modified_gmt":"2026-10-30T11:58:21","slug":"genworth-financial-announces-leadership-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-financial-announces-leadership-transition\/","title":{"rendered":"Genworth Financial Announces Leadership Transition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Genworth Financial Announces Leadership Transition<\/b><\/p>\n<p class=\"bwalignc\">\nThomas J. McInerney, President &amp; CEO, to Retire December 31, 2026<\/p>\n<p class=\"bwalignc\">\nJerome Upton Named President &amp; CEO, Angela Simmons Named CFO, Effective January 1, 2027<\/p>\n<p>RICHMOND, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGenworth Financial, Inc. (NYSE: GNW) today announced that Tom McInerney has notified the Board of Directors of his decision to retire as President &amp; Chief Executive Officer and step down from Genworth\u2019s Board of Directors, effective December 31, 2026. At that time, the Board of Directors expects to name Jerome Upton, currently Genworth\u2019s Chief Financial Officer, as President and CEO and appoint him to Genworth\u2019s Board of Directors. Angela Simmons, currently Chief Financial Officer of Genworth\u2019s Closed Block, is expected to become Executive Vice President and Chief Financial Officer.<\/p>\n<p>\n\u201cOn behalf of the Board, I want to thank Tom for his outstanding leadership and commitment to Genworth,\u201d said Melina Higgins, Chair of Genworth\u2019s Board of Directors. \u201cDuring his tenure, Genworth significantly strengthened its financial foundation, delivered substantial value to shareholders, and advanced a vision for the future of the company in CareScout. The Board is confident that Jerome will carry this strong progress forward. Jerome\u2019s deep knowledge of Genworth, broad leadership experience, and integral role in shaping our strategy make him the right leader to guide the next chapter for the company.\u201d<\/p>\n<p>\n\u201cI am grateful for the Board\u2019s confidence and honored to lead Genworth in this new chapter,\u201d said Upton. \u201cOver the past 28 years, I have developed a deep appreciation and understanding of our people, our businesses, and the customers who depend on us. I look forward to building on the strong foundation we established under Tom\u2019s leadership, executing our strategy with discipline, and working every day to create long-term value for our customers, shareholders, and associates.\u201d<\/p>\n<p>\n\u201cIt has been a privilege to lead Genworth over the past 14 years and work with such talented and dedicated people,\u201d said McInerney. \u201cI am very proud of the progress we have made together\u2014from strengthening our financial position and returning capital to shareholders to addressing the challenges of our legacy long-term care business and launching CareScout. Jerome has been a trusted partner in this work, and I believe he, Angela, and the broader management team will continue to position Genworth for long-term success.\u201d<\/p>\n<p>\nJerome Upton has been with the company and its predecessors since 1998 and has served as Genworth\u2019s CFO since March 2023. Over that time, he has held several executive leadership roles in finance and operations across different business lines and geographies. Jerome\u2019s contributions have been integral in developing Genworth\u2019s strategy, and he has worked closely with Tom to drive the company\u2019s improved financial and operating position.<\/p>\n<p>\nAngela Simmons has been with Genworth since 2002, holding leadership roles spanning capital markets, SEC reporting, controllership and finance. Prior to becoming the Closed Block CFO in 2020, Angela served as Controller for U.S. Life Insurance and spent more than a decade leading Genworth\u2019s SEC Reporting function. She played an integral role in ensuring Genworth\u2019s financial strength over time and maintaining the self-sustainability of its Closed Block.<\/p>\n<p><b>About Genworth Financial<br \/>\n<br \/><\/b>Genworth Financial, Inc. (NYSE: GNW) is a publicly traded holding company headquartered in Richmond, Virginia. Through its family of brands\u2014including CareScout, Genworth, and Enact\u2014Genworth uses its more than 150 years of experience to help families navigate the aging journey with clarity and confidence, offering guidance, products, and services that support caregiving decisions, long-term care planning, and the financial challenges of aging. Genworth is the majority owner of Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.genworth.com%2F&amp;esheet=54631647&amp;newsitemid=20261030458186&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.genworth.com&amp;index=1&amp;md5=76a74c73c3de14fe893528b3b1d34f75\">https:\/\/www.genworth.com<\/a>.<\/p>\n<p><b>Cautionary Note Regarding Forward Looking Statements<br \/>\n<br \/><\/b>This release contains certain \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by words such as \u201cexpects,\u201d \u201cintends,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cestimates,\u201d \u201cwill,\u201d \u201cmay\u201d or words of similar meaning and include, but are not limited to, statements regarding the outlook for the company\u2019s future business and financial performance. Forward-looking statements are based on management\u2019s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from those in the forward-looking statements or views expressed in this press release. These risks and uncertainties include, but are not limited to, those disclosed in the risk factor section of Genworth\u2019s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (SEC) on February 27, 2026. Genworth undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required under applicable securities laws<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261030458186r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261030458186\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261030458186\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Christine Jewell<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorInfo@genworth.com\">InvestorInfo@genworth.com<\/a><\/p>\n<p>\nMedia:<br \/>\n<br \/>Evans Mandes<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Evans.Mandes@genworth.com\">Evans.Mandes@genworth.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Health Other Professional Services Insurance Other Health Managed Care Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261030458186\/en\/1345705\/3\/genworth_logo_R.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Genworth Financial Announces Leadership Transition Thomas J. McInerney, President &amp; CEO, to Retire December 31, 2026 Jerome Upton Named President &amp; CEO, Angela Simmons Named CFO, Effective January 1, 2027 RICHMOND, Va.&#8211;(BUSINESS WIRE)&#8211; Genworth Financial, Inc. (NYSE: GNW) today announced that Tom McInerney has notified the Board of Directors of his decision to retire as President &amp; Chief Executive Officer and step down from Genworth\u2019s Board of Directors, effective December 31, 2026. At that time, the Board of Directors expects to name Jerome Upton, currently Genworth\u2019s Chief Financial Officer, as President and CEO and appoint him to Genworth\u2019s Board of Directors. Angela Simmons, currently Chief Financial Officer of Genworth\u2019s Closed Block, is expected to become Executive Vice President and Chief &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-financial-announces-leadership-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Genworth Financial Announces Leadership Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1015696","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genworth Financial Announces Leadership Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-financial-announces-leadership-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genworth Financial Announces Leadership Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Genworth Financial Announces Leadership Transition Thomas J. McInerney, President &amp; CEO, to Retire December 31, 2026 Jerome Upton Named President &amp; CEO, Angela Simmons Named CFO, Effective January 1, 2027 RICHMOND, Va.&#8211;(BUSINESS WIRE)&#8211; Genworth Financial, Inc. (NYSE: GNW) today announced that Tom McInerney has notified the Board of Directors of his decision to retire as President &amp; Chief Executive Officer and step down from Genworth\u2019s Board of Directors, effective December 31, 2026. At that time, the Board of Directors expects to name Jerome Upton, currently Genworth\u2019s Chief Financial Officer, as President and CEO and appoint him to Genworth\u2019s Board of Directors. 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