Business Context and Reporting Period
This Form 8-K Current Report was filed by Genworth Financial, Inc. on August 16, 2005. The report addresses a change in principal officers under Item 5.02.
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 corporate governance updates and does not contain financial performance data.
Material Changes
The primary material change reported is the departure of the Principal Accounting Officer and the appointment of a successor:
- Resignation: Jamie S. Miller resigned as Vice President and Controller (Principal Accounting Officer) effective August 16, 2005, to join PricewaterhouseCoopers LLP as a partner in September 2005.
- Appointment: Scott R. Lindquist was appointed Vice President and Controller (Principal Accounting Officer) effective August 16, 2005.
Management Commentary and Background
Mr. Lindquist joined Genworth from The Phoenix Companies, Inc., where he served as Senior Vice President and Chief Accounting Officer from January 2003 through July 2005. His responsibilities there included corporate accounting, financial reporting, financial planning and analysis, corporate tax, and expense management. Prior to The Phoenix Companies, he served as an audit partner with PricewaterhouseCoopers LLP. He holds an MBA from the University of Connecticut, a Bachelor of Science in Accounting from Pennsylvania State University, and is a certified public accountant and certified internal auditor.
Investor Verification Checklist
- Confirm the effective date of the Controller transition (August 16, 2005).
- Verify Mr. Lindquist's prior experience at The Phoenix Companies and PricewaterhouseCoopers.
- Review subsequent filings to ensure no disruption in financial reporting controls during the transition.