Genworth Financial Management
Management criteria checks 3/4
Genworth Financial's CEO is Tom McInerney, appointed in Jan 2013, has a tenure of 11.92 years. total yearly compensation is $9.87M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 1.18% of the company’s shares, worth $35.24M. The average tenure of the management team and the board of directors is 2.9 years and 4 years respectively.
Key information
Tom McInerney
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 11.9yrs |
| CEO ownership | 1.2% |
| Management average tenure | 2.9yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
A Failed Merger May Have Been Just What Genworth Financial Needed For A Turnaround
Oct 08Genworth Financial, Inc.'s (NYSE:GNW) Price Is Right But Growth Is Lacking
Oct 05
Investors Aren't Buying Genworth Financial, Inc.'s (NYSE:GNW) Revenues
May 23There Is A Reason Genworth Financial, Inc.'s (NYSE:GNW) Price Is Undemanding
Jan 17Genworth's Sum Of The Parts May Be Greater Than The Whole
Nov 21Genworth Financial: Valuation Update
Aug 08Genworth Financial: Beaten Down Valuation Makes It A Buy
Jun 20Genworth Financial Q4 2022 Earnings Preview
Feb 05Genworth Financial: The Bulls Overwhelm The Bears - Running At Full Speed
Jan 03Genworth Financial: Relative Strength Through Year-End
Oct 18Genworth Financial: Strong Balance Sheet Offers Opportunities
Sep 25Genworth Financial's L&H Insurance Business Is Valued At Less Than Zero Despite Long-Term Solvency
Aug 18Genworth Financial Non-GAAP EPS of $0.34 beats by $0.04, revenue of $1.88B misses by $100M
Aug 01Genworth Financial: Fueling Value Creation
May 28Gator Capital - Genworth Financial: Interesting Valuation And A Higher Upside
Mar 15Genworth Financial: Slow And Steady
Feb 25With EPS Growth And More, Genworth Financial (NYSE:GNW) Is Interesting
Feb 03Genworth Financial, Inc.: Long-Term Upside, Near-Term Lull
Nov 18With EPS Growth And More, Genworth Financial (NYSE:GNW) Is Interesting
Oct 28Genworth Financial: Enact's IPO As A Catalyst
Sep 11Genworth Financial, Inc.: Another Bite At The IPO Apple
Aug 23Here's Why I Think Genworth Financial (NYSE:GNW) Is An Interesting Stock
Jul 06Genworth sets $20-$24/share price range for Genworth Mortgage IPO, valuing unit at $3B+
May 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$95m |
| Jun 30 2024 | n/a | n/a | US$36m |
| Mar 31 2024 | n/a | n/a | US$94m |
| Dec 31 2023 | US$10m | US$1m | US$76m |
| Sep 30 2023 | n/a | n/a | US$669m |
| Jun 30 2023 | n/a | n/a | US$771m |
| Mar 31 2023 | n/a | n/a | US$796m |
| Dec 31 2022 | US$9m | US$1m | US$916m |
| Sep 30 2022 | n/a | n/a | US$697m |
| Jun 30 2022 | n/a | n/a | US$868m |
| Mar 31 2022 | n/a | n/a | US$953m |
| Dec 31 2021 | US$8m | US$1m | US$831m |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$932m |
| Dec 31 2020 | US$7m | US$1m | US$698m |
| Sep 30 2020 | n/a | n/a | US$433m |
| Jun 30 2020 | n/a | n/a | US$159m |
| Mar 31 2020 | n/a | n/a | US$247m |
| Dec 31 2019 | US$9m | US$1m | US$382m |
| Sep 30 2019 | n/a | n/a | US$138m |
| Jun 30 2019 | n/a | n/a | US$97m |
| Mar 31 2019 | n/a | n/a | US$33m |
| Dec 31 2018 | US$9m | US$997k | -US$3m |
| Sep 30 2018 | n/a | n/a | US$631m |
| Jun 30 2018 | n/a | n/a | US$660m |
| Mar 31 2018 | n/a | n/a | US$783m |
| Dec 31 2017 | US$9m | US$997k | US$613m |
Compensation vs Market: Tom's total compensation ($USD9.87M) is above average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom McInerney (67 yo)
11.9yrs
Tenure
US$9,868,918
Compensation
Mr. Thomas Joseph McInerney, also known as Tom, serves as Managing Director at Virgo Supercluster, LLC. He has been the Chief Executive Officer, President, and Director of Genworth Financial, Inc., since J...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.9yrs | US$9.87m | 1.18% $ 35.2m | |
| Executive VP & CFO | 1.8yrs | US$3.42m | 0.079% $ 2.4m | |
| Executive VP & Chief Investment Officer | 1.8yrs | US$2.53m | 0.0037% $ 111.9k | |
| Executive VP & General Counsel | 2.9yrs | US$2.64m | 0.062% $ 1.8m | |
| VP, Controller & Principal Accounting Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 20.6yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.9yrs | US$2.17m | 0.014% $ 416.1k | |
| Chief Actuary and Senior Vice President | 15.8yrs | no data | no data | |
| President & CEO of CareScout Insurance | 1.2yrs | no data | 0.14% $ 4.1m | |
| Executive VP & Chief Risk Officer | 9.4yrs | no data | 0.011% $ 319.7k | |
| President & CEO of U.S. Life Insurance | 2.6yrs | no data | 0.0035% $ 103.9k |
2.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: GNW's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.9yrs | US$9.87m | 1.18% $ 35.2m | |
| Independent Director | 8yrs | US$355.36k | 0.018% $ 541.2k | |
| Independent Non-Executive Chairman of the Board | 11.3yrs | US$561.64k | 0.012% $ 344.8k | |
| Independent Director | 3.8yrs | US$315.36k | 0.0064% $ 191.6k | |
| Independent Director | 2.8yrs | US$385.85k | 0.012% $ 344.8k | |
| Independent Director | 3.8yrs | US$315.36k | 0.0064% $ 191.6k | |
| Independent Director | 11.8yrs | US$343.11k | 0.0064% $ 191.6k | |
| Independent Director | 4yrs | US$347.86k | 0.0064% $ 191.6k | |
| Independent Director | 3.8yrs | US$316.61k | 0.0064% $ 191.6k |
4.0yrs
Average Tenure
64yo
Average Age
Experienced Board: GNW's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 07:34 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Genworth Financial, Inc. is covered by 20 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alan Devlin | Atlantic Equities LLP |
| Eric Berg | Barclays |
| Ryan Gilbert | BTIG |