Genworth Financial announced that President and CEO Thomas J. McInerney will retire at the end of 2026. The Board of Directors has appointed current Chief Financial Officer, Jerome T. Upton, to succeed him as President and CEO. Consequently, Angela R. Simmons will be promoted to Executive Vice President and CFO.
Key Details
- CEO Retirement: Thomas J. McInerney will retire as President & CEO and resign from the Board, effective as of the close of business on December 31, 2026.
- New CEO: Jerome T. Upton will be appointed President & CEO and elected to the Board of Directors, effective January 1, 2027.
- New CFO: Angela R. Simmons will be appointed Executive Vice President and Chief Financial Officer, effective January 1, 2027.
- Transition: Mr. McInerney and Mr. Upton will work together until the effective retirement date to ensure a seamless transition.