Business Context and Reporting Period
This Form 8-K Current Report was filed by Genworth Financial, Inc. on March 27, 2008. The report addresses a specific corporate governance event regarding the appointment of a Principal Accounting Officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Amy R. Corbin as Vice President and Controller (Principal Accounting Officer), effective March 31, 2008. Concurrently, Patrick B. Kelleher ceased serving as Acting Controller but will continue as Senior Vice President and Chief Financial Officer (Principal Financial Officer).
Management Commentary and Risks
Ms. Corbin brings extensive experience, having served as the Global Leader of Accounting Policy since the company's 2004 IPO and previously holding roles at GE Financial Assurance Holdings and Deloitte & Touche. She holds a CPA certification and an FMLI certification. The filing notes she will be eligible for executive compensation programs. No specific risks, contingencies, or unusual items are disclosed in this document.
Investor Verification Checklist
- Verify the effective date of the Controller appointment (March 31, 2008).
- Confirm the continued role of Patrick B. Kelleher as Chief Financial Officer.
- Review Ms. Corbin's professional background and certifications (CPA, FMLI) as disclosed.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial metrics.