Recent Updates — GNW
Genworth Financial announced that Thomas J. McInerney will return from a leave of absence to resume the role of President & Chief Executive Officer, effective September 2, 2026. Consequently, Interim CEO Jerome T. Upton will step down from his interim executive role on that date but will remain as Executive Vice President and Chief Financial Officer. This leadership transition restores permanent operational control to McInerney. Genworth Financial operates in the insurance industry, providing mortgage protection products.
Genworth Financial reported second-quarter 2026 results with net income of $47 million, or $0.12 per diluted share, and adjusted operating income excluding the Closed Block of $112 million, or $0.29 per diluted share. The company received $103 million in capital returns from majority-owned subsidiary Enact and repurchased $62 million of its own shares during the quarter. Enact reported adjusted operating income of $143 million with a PMIERs sufficiency ratio of 161%, while legacy insurance companies maintained a Risk-Based Capital ratio of 286%. Genworth operates in the financial services industry, providing mortgage insurance through Enact and long-term care insurance and aging care services.
Genworth Financial, Inc. announced on July 7, 2026, that President and CEO Thomas J. McInerney will be taking a temporary leave of absence for health reasons. Jerome T. Upton, the current CFO, current Executive Vice President and CFO, has been appointed Interim President and CEO, effective July 7, 2026. Genworth Financial, Inc. is a financial services company providing mortgage insurance and long-term care insurance.