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Genworth Financial Names Claude 'Chuck' Adams Senior Vice President, Sales for U.S. Mortgage Insurance Business

RALEIGH, N.C., Nov. 19 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW) today announced that Claude "Chuck" Adams has joined the company as Senior Vice President, Sales for its U.S. Mortgage Insurance business, with responsibility for all direct sales and sales support functions.

Adams most recently was Global Sales Leader for the Optimization and Control business within GE Energy. He has 15 years of commercial leadership experience, 10 of them with GE, where his previous positions included VP of Sales and Commercial Services at GE Capital Rail Services, Quality Leader at GE Capital Equipment Management and General Manager for Global Parts in GE Transportation.

"Chuck has a strong record of driving important business priorities as he increases revenues," said Kevin Schneider, president, U.S. Mortgage insurance for Genworth Financial. "Together with our strong team of sales leaders, he'll be working to maintain strong customer relationships and drive smart growth now and in the future."

A graduate of Pennsylvania State University in Accounting, Adams holds an MBA from Northwestern's Kellogg School of Management.

About Genworth Financial

Genworth is a leading insurance holding company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers, and has operations in 25 countries, including the United States, Australia, Canada, Japan, Mexico, New Zealand, the United Kingdom and 17 other European countries. For more information, visit www.genworth.com.

SOURCE Genworth Financial, Inc.
CONTACT: Terry Souers of Genworth Financial,
+1-919-846-4459
Terry.Souers@genworth.com
Web site: http://www.genworth.com
(GNW)