secwatch.observer — SEC 8-K summary
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Issuer:     GENWORTH FINANCIAL INC (GNW)
CIK:        0001276520
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001193125-23-056388
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Genworth appoints Jerome Upton as CFO effective March 1, 2023; Sheehan transitions to advisory role
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- Daniel Sheehan IV stepped down as EVP, CFO and CIO effective March 1, 2023; will remain in advisory role through March 31.
- Jerome T. Upton appointed EVP and CFO (principal financial and accounting officer) effective March 1.
- Upton previously served as SVP, Deputy CFO and Controller since April 2022; joined Genworth predecessor in 1998.
- Upton's compensation: $600k base salary, annual incentive target of 125% of base, eligible for Senior Executive Severance Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276520/000119312523056388/0001193125-23-056388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276520/000119312523056388/d449262d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-056388

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