RICHMOND, Va., Feb. 22, 2018 /PRNewswire/ -- Genworth Financial,
Inc. (NYSE: GNW) is mourning the death of its longest serving
director, James A. Parke, who passed
away on February 21, 2018, after a
long illness. He was formerly Vice Chairman and Chief Financial
Officer of GE Capital Services and Senior Vice President of General
Electric Company ("GE"), and became a member of the Genworth Board
of Directors upon Genworth's spinoff from GE in May 2004.
"We are deeply saddened by Jim's passing," said James S. Riepe, Genworth non-executive chairman
of the board. "As the only GE director retained after GE completed
its sale of Genworth, Jim brought to the board an understanding of
the business that was very helpful to us all, and was a strong and
engaged Chair of our Audit Committee. He was a good partner,
extremely loyal to Genworth and we will miss him. Our hearts go out
to his wife, Marilyn, and his family and friends."
Parke retired as Vice Chairman and Chief Financial Officer of GE
Capital Services and a Senior Vice President at GE in December 2005. He had served in those positions
since 2002. From 1989 to 2002 he was Senior Vice President and
Chief Financial Officer at GE Capital Services and a Vice President
of GE. From 1981 to 1989, he held various management positions in
several GE businesses.
About Genworth Financial
Genworth Financial, Inc.
(NYSE: GNW) is a Fortune 500 insurance holding company committed to
helping families achieve the dream of homeownership and address the
financial challenges of aging through its leadership positions in
mortgage insurance and long term care insurance. Headquartered
in Richmond, Virginia, Genworth
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. From time to time, Genworth's
publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth
Mortgage Insurance Australia Limited, separately release financial
and other information about their operations. This information can
be found at http://genworth.ca and
http://www.genworth.com.au.
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SOURCE Genworth Financial, Inc.