RICHMOND, Va., Feb. 25, 2013 /PRNewswire/ -- Genworth announces that Chief Financial Officer Martin P. Klein has been named executive vice president of Genworth, effective immediately.

Genworth Financial Inc., the mortgage guarantor and life insurer, said Chief Executive Officer Michael Fraizer resigned after shares plunged more than 80 percent since the end of 2006.

Martin Klein, who was appointed yesterday as acting chief executive officer of Genworth Financial Inc., said he will concentrate on the insurer’s liquidity after the departure of CEO Michael ...

Genworth Financial Inc., the seller of life insurance and mortgage guaranties, said Chief Financial Officer Martin Klein will take on new duties overseeing units the company has targeted for ...

HENRICO COUNTY, Va. (WTVR) – Henrico-based Genworth Financial, Inc. announced it would “eliminate approximately 400 positions” in a cost-cutting move. Between 75 and 100 of those positions ...

RICHMOND, Va. (WRIC) — Richmond-based insurance company Genworth Financial is laying off 95 employees, effective March 27. The Virginia Employment Commission (VEC) Warn Notice was published Jan. 26.

RICHMOND, Va. — Genworth Financial Inc. said on today that it has completed the sale of its wealth management business for about $412.5 million, which will help it pay off debt. The sale of the wealth ...

Tuesday is the day the second shoe may drop for Genworth Financial Inc. A lot of financial-services investors have their focus today on Richmond, Va.—Genworth’s headquarters--as they await the ...

Hopefully setting a trend, Genworth (NYSE:GNW)  acting CEO Martin Klein says Moody's can go ahead and cut away because it's more costly for the firm to ...