Steven C. Van Wyk
elected Steven C. Van Wyk to serve as a new director.
Highest-materiality recent filing
Genworth Q4 net income $2M; Enact segment income $146M; $94M share buyback
Q4 net income $2M ($0.00 diluted EPS); adjusted operating income $8M ($0.02 EPS). Down from Q3 net income of $116M.
Genworth Q3 net income $116M; launches Care Assurance, acquires Seniorly, new $350M buyback
Net income of $116M ($0.28 diluted EPS); adjusted operating income of $17M ($0.04 per share).
Genworth Q2 net income $51M, down from $76M YoY; adjusted operating income $68M
Net income $51M ($0.12 diluted EPS) vs $76M ($0.17) a year ago; adjusted operating income $68M ($0.16 per diluted share).
Genworth Q1 net income $54M ($0.13 EPS) vs $139M YoY; adjusted op income $51M
Net income $54M ($0.13 diluted EPS) vs $139M ($0.31) YoY; adjusted operating income $51M ($0.12) vs $85M ($0.19).
Genworth reports Q4 net loss $1M; adjusted operating income $15M, LTC loss $104M
Adjusted operating income $15M ($0.04/diluted share); GAAP net loss $1M driven by LTC results.
Genworth Q3 net income $85M, adj. op. income $48M; LTC loss narrows to $46M
Net income $85M ($0.19 diluted EPS); adjusted operating income $48M ($0.11 diluted EPS).
Genworth Q2 net income $76M ($0.17 EPS); adj. operating income $125M ($0.28)
Net income $76M ($0.17 diluted EPS); adjusted operating income $125M ($0.28 per diluted share).
Genworth Q1 2024 net income $139M ($0.31 EPS); Enact operating income $135M
Net income $139M ($0.31 diluted EPS); adjusted operating income $85M ($0.19).
Genworth Q4 net loss $212M ($0.47/sh); LTC rate action cuts remaining need by $1.5B to ~$5B
Net loss of $212M, or $0.47 per diluted share; adjusted operating loss of $230M, or $0.51 per share.
Brian K. Haendiges resigns as Genworth EVP U.S. Life Insurance; Jamala M. Arland to succeed
Brian K. Haendiges resigns as Executive Vice President—U.S. Life Insurance, effective December 31, 2023.
elected Steven C. Van Wyk to serve as a new director.
On February 21, 2024, Darren W. Woodell was appointed Vice President and Controller (Principal Accounting Officer) of Genworth Financial, Inc. (the “Company”).
On January 18, 2024, Cristina E. Ahn, Vice President and Controller (Principal Accounting Officer) of Genworth Financial, Inc. (the “Company”) resigned from this position effective immediately.
Darren W. Woodell will be appointed as the Company’s Vice President and Controller (Principal Accounting Officer).
Effective January 1, 2024, the Company appointed Jamala M. Arland as Executive Vice President—U.S. Life Insurance.
Brian K. Haendiges, Executive Vice President—U.S. Life Insurance, informed Genworth Financial, Inc. (the “Company”) of his intention to resign from this position effective December 31, 2023.
it is expected that Jamala M. Arland will be appointed Executive Vice President—U.S. Life Insurance.
On December 11, 2023, Brian K. Haendiges, Executive Vice President—U.S. Life Insurance, informed Genworth Financial, Inc. (the “Company”) of his intention to resign from this position effective December 31, 2023.
Max materiality 0.75 · Median 0.38 · Most common event earnings