Genworth Financial Announces Leadership Transition
Business Wire•30/10/2026•07:15 ET
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Key Highlights
- ➤Tom McInerney retires as Genworth CEO and director December 31, 2026
- ➤Jerome Upton becomes Genworth president and CEO January 1, 2027
- ➤Angela Simmons becomes executive vice president and CFO January 1, 2027
- ➤Genworth is majority owner of Enact Holdings (ACT)
Expert Statements
Melina Higgins, Chair of Genworth’s Board of Directors
“On behalf of the Board, I want to thank Tom for his outstanding leadership and commitment to Genworth”
Melina Higgins, Chair of Genworth’s Board of Directors
“During 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.”
Melina Higgins, Chair of Genworth’s Board of Directors
“The Board is confident that Jerome will carry this strong progress forward.”
Melina Higgins, Chair of Genworth’s Board of Directors
“Jerome’s 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.”
Jerome Upton, Incoming President and CEO of Genworth
“I am grateful for the Board’s confidence and honored to lead Genworth in this new chapter”
Jerome Upton, Incoming President and CEO of Genworth
“Over the past 28 years, I have developed a deep appreciation and understanding of our people, our businesses, and the customers who depend on us.”
Jerome Upton, Incoming President and CEO of Genworth
“I look forward to building on the strong foundation we established under Tom’s leadership, executing our strategy with discipline, and working every day to create long-term value for our customers, shareholders, and associates.”
Thomas J. McInerney, President and CEO of Genworth
“It has been a privilege to lead Genworth over the past 14 years and work with such talented and dedicated people”
Thomas J. McInerney, President and CEO of Genworth
“I am very proud of the progress we have made together—from strengthening our financial position and returning capital to shareholders to addressing the challenges of our legacy long-term care business and launching CareScout.”
Thomas J. McInerney, President and CEO of Genworth
“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.”
Thomas J. McInerney, President & CEO, to Retire December 31, 2026
Jerome Upton Named President & CEO, Angela Simmons Named CFO, Effective January 1, 2027
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