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Genworth Names Timothy Herr As New Brokerage General Agency Leader

RICHMOND, Va., May 21, 2010 /PRNewswire via COMTEX/ --Genworth Financial, Inc. (NYSE: GNW) announces that it has named Timothy Herr as senior vice president, Brokerage General Agency Distribution.

Herr, 54, will be part of Genworth's Distribution and Marketing Sales Leadership Team. He joins Genworth with more than 30 years experience in the insurance industry. Most recently Herr was president and founder of Preferred Strategic Partners, LLC, a consulting firm that focused on facilitating strategic alliances in the financial services industry. Before that, he held several senior management positions with the AXA Insurance Companies, including AXA's Equitable Life Insurance Company, US Financial Insurance Company, MONY Group, and AXA Partners.

Prior to AXA, Herr was a consultant with Ceres Group and EVP and chief marketing officer with American Chambers Life Insurance Company. Herr began his career with the Mutual of Omaha Companies where he held positions in several areas, including distribution and reinsurance.

Herr is an Associate of the Society of Actuaries (ASA), a Member of the American Academy of Actuaries (MAAA), and earned his Bachelor of Science degree in Mathematical Sciences from the University of Iowa.

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 global financial security company. Genworth has more than $100 billion in assets and employs approximately 6,000 people with a presence in more than 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of more than 15 million customers. Genworth operates through three segments: Retirement and Protection, U.S. Mortgage Insurance and International. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit Genworth.com. From time to time Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of Genworth.com.

SOURCE: Genworth Financial, Inc.