GNW - Genworth to separate CFO role from chief investment officer Sheehan to leave

• Genworth Financial ( NYSE: GNW ) said Monday it will separate the roles of chief financial officer and chief investment officer in early March when Dan Sheehan will transition out of his current role of executive vice president, CFO and CIO.
• Jerome Upton will become executive vice president and CFO, while Kelly Saltzgaber will be executive vice president and CIO. Sheehan will remain in his current role though the Q4 financial close process and related 10-K filing, which is expected to occur in late February. He will then remain with the company in an advisory role until March 31, 2023.
• "Over the last two years, he (Sheehan) helped lead us through a very successful transition as CFO," President and CEO Tom McInerney said.
• Upton currently serves as Genworth's senior vice president, deputy CFO and controller. Saltzberger currently serves as senior vice president, head of portfolio management.
• Genworth ( GNW ) also reported higher Q4 adjusted EPS and growth in revenue on Monday.

For further details see: