Genworth Financial Reports Director Changes and Officer Appointments

Ticker: GNW · Form: 8-K · Filed: 2025-03-19T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-changes, filing-update

TL;DR

Genworth's 8-K: Board shuffle, new execs, and pay details filed March 19.

AI Summary

On March 19, 2025, Genworth Financial, Inc. filed an 8-K report detailing several key events. The filing includes information regarding the departure of directors or certain officers, the election of new directors, and the appointment of certain officers. Additionally, it covers compensatory arrangements for certain officers and reports on other events not previously disclosed. The company also provided financial statements and exhibits as part of this filing.

Why It Matters

This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance and executive changes, with no immediate indication of significant financial distress or operational disruption.

Key Numbers

Key Players & Entities

FAQ

Who has departed from Genworth Financial's board or officer positions?

The filing indicates the departure of directors or certain officers, but specific names are not detailed in the provided text.

Were any new directors elected or officers appointed?

Yes, the filing explicitly mentions the election of directors and the appointment of certain officers.

What is the primary business of Genworth Financial, Inc.?

Genworth Financial, Inc. is in the Life Insurance industry, with Standard Industrial Classification code 6311.

When is Genworth Financial's fiscal year end?

Genworth Financial's fiscal year ends on December 31.

What is the principal executive office address for Genworth Financial?

The principal executive offices are located at 11011 West Broad Street, Glen Allen, Virginia, 23060.

From the Filing

0001193125-25-057867.txt : 20250319 0001193125-25-057867.hdr.sgml : 20250319 20250319162048 ACCESSION NUMBER: 0001193125-25-057867 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250319 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250319 DATE AS OF CHANGE: 20250319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENWORTH FINANCIAL INC CENTRAL INDEX KEY: 0001276520 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] ORGANIZATION NAME: 02 Finance IRS NUMBER: 800873306 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32195 FILM NUMBER: 25753010 BUSINESS ADDRESS: STREET 1: 11011 WEST BROAD STREET CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 804-281-6000 MAIL ADDRESS: STREET 1: 11011 WEST BROAD STREET CITY: GLEN ALLEN STATE: VA ZIP: 23060 8-K 1 d842038d8k.htm 8-K 8-K GENWORTH FINANCIAL INC false 0001276520 0001276520 2025-03-19 2025-03-19     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 March 19, 2025 Date of Report (Date of earliest event reported)       GENWORTH FINANCIAL, INC. (Exact name of registrant as specified in its charter)       Delaware   001-32195   80-0873306 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   11011 West Broad Street , Glen Allen , Virginia   23060 (Address of principal executive offices)   (Zip Code) (804) 281-6000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol   Name of each exchange on which registered Common Stock, par value $.001 per share   GNW   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 19, 2025, upon the recommendation of the Nominating and Corporate Governance Committee, the Board of Directors of Genworth Financial, Inc. (the “Company” or “Genworth”) increased the size of the Board of Directors to 10 directors and elected Steven C. Van Wyk to serve as a new director. The

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