2014

Genworth Financial Announces Addition of Paul Gomez, COO, and George Reichert, CIO, to USMI Senior Leadership Team Experienced Executives Will Help Plan and Execute Growth Strategy

RICHMOND, Va., Sept. 4, 2013 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced two personnel additions to strengthen the senior leadership team of its U.S. Mortgage Insurance (USMI) unit. Paul Gomez recently joined USMI as Chief Operations Officer (COO) and George Reichert joined as Chief Information Officer (CIO).  

Gomez formerly was senior vice president for Genworth Financial's U.S. Life Insurance Operations team in Richmond, VA. He and his leadership team will continue to focus on maximizing USMI's operational effectiveness. Gomez is a graduate of the U.S. Naval Academy and holds a Master's of Business Administration degree from the University of Rhode Island.

Reichert most recently was CIO at Nortel Networks in Research Triangle Park, NC, where he leveraged his expertise to create and lead the vision for Nortel's IT restructuring plan. He also led IT teams at Lenovo and DHL. Reichert graduated Magna Cum Laude with a Bachelor of Science, Computer Information Systems degree from Manhattan College in New York, NY.

"This is an exciting time for USMI as we begin to plan for prudent growth. As we continue looking at how to best align our Operations teams to achieve our loss mitigation goals and provide exceptional customer service, Paul's experience with running large customer service teams and analytics will be key to our work," said Rohit Gupta, president and chief executive officer of Genworth USMI.

"George is a results-driven leader with a proven ability to develop and execute IT strategy as well as motivate and empower people. I'm pleased to have him on board to focus on how we can best leverage technology to drive the business forward and effectively manage change. I'm confident that Paul and George's contributions will be instrumental in creating a bright future for our business," added Gupta.

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement -- including life insurance, long term care insurance, financial protection coverages, and independent advisor-based wealth management -- and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.

Genworth operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection and Runoff segments. The Corporate & Other division also includes the wealth management business presented as discontinued operations. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth, headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004. 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.



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