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Genworth Financial Inc. (GNW)

At 16:01 EST: 11.05 USD   0.00 (0.00%)  
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Genworth Financial Inc.
6620 West Broad Street
Richmond, VA 23230
Phone: 804-281-6000
Web Site: http://www.genworth.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Financial
Industry: Life Insurance
Employees (last reported count): 7,200

BUSINESS SUMMARY
Genworth Financial, Inc. provides insurance and investment-related products and services in the United States and internationally. It operates through three segments: Protection, Retirement Income and Investments, and Mortgage Insurance. The Protection segment offers life insurance and long-term care insurance, as well as group life and health insurance services. This segment also offers consumer payment protection insurance, which enables consumers to meet their payment obligations in the event of illness, involuntary unemployment, disability, or death. The Retirement Income and Investments segment offers various wealth accumulation, income distribution, and institutional investment products. Its retail products include individual fixed and variable annuities; group variable annuities; single premium immediate annuities; variable life insurance; and various managed account programs and services, financial planning advisory services, and managed proprietary and third-party mutual funds. This segment's institutional products include funding agreements, funding agreements backing notes, asset management products and services, and guaranteed investment contracts. The Mortgage Insurance segment offers mortgage insurance products in the United States, Canada, Australia, New Zealand, Mexico, Japan, and Europe. Its customers include originators of residential mortgage loans, such as mortgage banks, savings institutions, commercial banks, mortgage brokers, credit unions, and other lenders. Genworth Financial offers its products and services through financial intermediaries, advisors, independent distributors, and sales specialists. The company was founded in 2003 and is headquartered in Richmond, Virginia.
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    OFFICERS
      Pay Exercised
    Mr. Michael D. Fraizer , 49
    Exec. Chairman, Chief Exec. Officer, Pres and Member of Capital & Risk Committee
    $ 10.50M $ 16.30M
    Ms. Pamela S. Schutz , 53
    Exec. VP and Exec. VP of The Retirement & Protection Segment
    $ 3.58M $ 2.02M
    Mr. Victor C. Moses , 59
    Chief Actuary Officer, Sr. VP of Actuarial & Risk and Member of Capital & Risk Committee
    $ 1.73M N/A
    Mr. Thomas H. Mann , 56
    Exec. VP of Genworth, Exec. VP of International Mortgage Insurance Segment and Exec. VP of U S Mortgage Insurance Segment
    $ 5.64M $ 1.27M
    Mr. Patrick B. Kelleher , 50
    Chief Financial Officer, Sr. VP and Member of Capital & Risk Committee
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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