Nov 4, 4:16 PM ET
Genworth reported a third-quarter 2026 net loss of $41 million, or $0.11 per diluted share, compared with net income of $116 million a year earlier. Adjusted operating income excluding the Closed Block was $102 million, or $0.27 per diluted share, down from $113 million a year earlier, and the company authorized a new $500 million share repurchase program.
- GAAP net loss of $41 million ($0.11 per diluted share) versus net income of $116 million ($0.28) in Q3 2025 and $47 million in Q2 2026
- Adjusted operating income excluding Closed Block was $102 million ($0.27 per share), versus $113 million ($0.28) a year earlier
- Closed Block adjusted operating loss of $146 million, driven by a $111 million pre-tax A/E loss from lower terminations and higher benefit utilization
- Enact adjusted operating income of $132 million; Genworth repurchased $80 million of shares in the quarter and announced a new $500 million authorization
Read the filing on SEC.gov ↗
Oct 30, 7:15 AM ET
Genworth Financial said President and CEO Thomas J. McInerney will retire and leave its board effective December 31, 2026. Jerome T. Upton, the company's CFO, will become President and CEO and join the board effective January 1, 2027, and Angela R. Simmons will become Executive Vice President and CFO on the same date.
- Thomas J. McInerney retires as President and CEO and resigns from the board effective December 31, 2026.
- Jerome T. Upton, currently CFO, is to become President and CEO and a board member effective January 1, 2027.
- Angela R. Simmons, currently CFO of the Closed Block, is to become Executive Vice President and CFO effective January 1, 2027.
- The filing says McInerney's retirement is not the result of any disagreement with the company, and compensation terms for Upton and Simmons will be disclosed later by amendment.
Read the filing on SEC.gov ↗
Oct 13, 4:15 PM ET
Genworth Financial said its Vice President and Controller, Darren W. Woodell, who serves as principal accounting officer, intends to resign to pursue a new opportunity, effective in early November 2026 after the Form 10-Q for the period ending September 30, 2026 is filed. The filing states the resignation is not due to any disagreement with the company on operations, policies or practices. Chief Financial Officer Jerome T. Upton will serve as interim principal accounting officer until a successor is appointed, a change that is administrative in nature for shareholders.
- Darren W. Woodell notified Genworth of his intent to resign on October 8, 2026
- Departure is effective in early November 2026, after the Form 10-Q for the period ending September 30, 2026 is filed
- Jerome T. Upton, Executive Vice President and CFO, will serve as interim principal accounting officer
- Upton's compensatory arrangements will not change; his details are incorporated by reference from the April 6, 2026 Proxy Statement
Read the filing on SEC.gov ↗
Aug 20, 4:15 PM ET
Genworth Financial said Thomas J. McInerney will return from a leave of absence and resume the role of President and Chief Executive Officer effective September 2, 2026. Jerome T. Upton, who has been interim President and CEO, will stop serving in that capacity on the same date and remain Executive Vice President and Chief Financial Officer.
- Thomas J. McInerney resumes the President and CEO role effective September 2, 2026
- He will resume day-to-day operational responsibilities and serve as principal executive officer
- Jerome T. Upton ends his interim CEO role on September 2, 2026 and remains Executive Vice President and CFO
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
