RICHMOND, Va., Oct. 15, 2015 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced that it has named Kelly L. Groh executive vice president and chief financial officer, effective immediately. She succeeds Martin P. Klein, who resigned, effective October 15, 2015, to take a senior leadership role at another financial services company. He will remain with Genworth in an advisory role through October 30, 2015.
Groh, presently the company's controller and principal accounting officer, has been with Genworth since prior to its initial public offering in 2004, serving in leadership roles including senior vice president of investment portfolio management, CFO of the company's previous Retirement and Protection segment and various finance roles for predecessor companies. Prior to joining the company, Groh was employed by Price Waterhouse Coopers, LLP. She received a B.A. in Business Administration (Accounting) from the University of Washington and graduated from the Executive Program at the Darden Graduate School of Business at the University of Virginia.
"Kelly's broad financial background positions her well to provide the necessary continuity to ensure we maintain our current momentum and focus going forward," said Tom McInerney, president and chief executive officer. "On behalf of the board and employees, we'd like to thank Marty for his dedication and valuable contributions over the years and wish him well in his new opportunity. Under Marty's leadership as CFO, Genworth has made substantial progress on initiatives to generate and manage capital, and build holding company liquidity."
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company committed to helping families become more financially secure, self-reliant and prepared for the future. Genworth has leadership positions in mortgage insurance and long term care insurance and product offerings in life insurance and fixed annuities that assist consumers in solving their home ownership, insurance and retirement needs. To help families start "the talk" about their futures and long term care planning, Genworth recently completed the first stage of its national #LetsTalk Tour to encourage conversations and information sharing. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.
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SOURCE Genworth Financial, Inc.