RICHMOND, Va., Sept. 16 /PRNewswire-FirstCall/ -- Genworth Financial today
announced two key appointments within its Retirement Income & Investments
(RI&I) business to further drive its focus on the growing retirement income
market. Rob Methven has been named president of the Retirement Services
Group, leading all intermediary distribution, including strategic customer
development, wholesaling, and wholesaling support. Concurrently, Matthew
Sharpe assumes the role of chief marketing officer for RI&I, with
responsibility for leading market development across all RI&I product lines
and pursuing targeted growth strategies. Both will report directly to Pam
Schutz, RI&I president and chief executive officer.
These appointments represent expanded roles at Genworth for these proven
leaders. Methven has been with Genworth Financial since 1997. Since 2002, he
has led the company's Personal Advisor Network where he grew annual revenue by
44%, successfully completed the firm-wide consolidation of broker-dealer
activities, and completed the acquisition and integration of Hochman & Baker,
Sharpe has been with Genworth since 1999 and was instrumental in the
development of GE Retirement Answer®, the innovative retirement income
annuity launched in 2002. In recent years, Sharpe worked with Frank T.
Gencarelli to lead the initial development of the firm's retirement income
channel. Gencarelli is leaving the post Methven is filling to assume a new
leadership role in Genworth's Protection business, where he will be senior
vice president for business development. Gencarelli will report directly to
George Zippel, Protection president and chief executive officer.
"We're very excited to have Rob and Matthew take on these important roles
as part of our senior management team," said Schutz. "Their proven
capabilities, talents and skills will enable us to continue driving our strong
retirement income focus as we build our new Genworth brand in the
Genworth Financial's Retirement Income & Investments (RI&I) segment, based
in Richmond, Virginia, helps families provide for their futures and achieve a
reliable stream of retirement income. RI&I offers fixed, variable and income
annuities; variable life insurance; asset management; and specialized products
like guaranteed investment contracts, funding agreements and structured
settlements. RI&I's product suite supports distributors' financial planning
models and its strong distribution network includes more than 900 financial
intermediaries and 2,200 accountants and advisors.
Genworth Financial (NYSE: GNW - ) is a leading insurance holding company,
serving the lifestyle protection, retirement income, investment and mortgage
needs of more than 15 million customers, with operations in 20 countries,
including the U.S., Canada, Australia, the U.K. and more than a dozen other
European countries. For more information, visit http://www.genworth.com.