Genworth Financial (GNW) Appoints Steven Van Wyk to its Board

Genworth Financial, Inc. (NYSE: GNW) today announced the election of a new independent director to its Board of Directors: Steven C. Van Wyk, former Group Chief Information Officer (CIO) for HSBC Bank PLC. Mr. Van Wyk’s election as an independent director is effective immediately and increases the number of members on the Genworth Board of Directors to 10. He will stand for election with the other Directors at Genworth’s 2025 Annual Meeting of Stockholders, scheduled for May 22, 2025.

“Steve brings deep technology, business transformation, and executive leadership expertise to the Genworth Board,” said Melina Higgins, non-executive Chair of the Genworth Board. “His perspective will be a strong addition to our continued efforts to return value to our shareholders.”

“As we work to provide best-in-class service to our existing customers, implement new AI and digital technologies, and help more families navigate the aging journey with confidence for years to come, Steve’s technical expertise will be a tremendous asset in helping us do this important work efficiently and effectively,” said Tom McInerney, Genworth President and CEO.

Mr. Van Wyk’s extensive experience as an information technology leader in the banking and insurance industries, proven success in large-scale technology transformations, and strong business and financial knowledge will provide the Board with significant additional insight as it oversees Genworth's strategy and operations. Prior to his retirement in 2024, Mr. Van Wyk was the Group Chief Information Officer (CIO) for HSBC. Prior to HSBC, he served as CIO for PNC Bank, ING Bank, ING Insurance, and Morgan Stanley. Earlier in his career, he served in a range of finance, audit, and consulting roles.

You May Also Be Interested In

• Ashland said to explore sale amid takeover interest - Bloomberg
• Raytheon wins $1.3 billion in missile defense contracts
• Syntholene Energy upsizes private placement offering to $2.3M