UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
February 26, 2018
Date of Report
(Date of earliest event reported)

 

GENWORTH FINANCIAL, INC.
(Exact name of registrant as specified in its charter)

 
					
Delaware	 	001-32195	 	80-0873306	
(State or other jurisdiction of
incorporation or organization)	 	(Commission
File Number)	 	(I.R.S. Employer
Identification No.)	

6620 West Broad Street, Richmond, VA	 	23230	
(Address of principal executive offices)	 	(Zip Code)	
(804) 281-6000
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

Item 8.01	Other Events.	
On February 22, 2018, Genworth Financial, Inc. (“Genworth”) issued a press release announcing that James A. Parke, a director on Genworth’s Board of Directors (the “Board”), passed away on February 21, 2018. Mr. Parke had served as a Director since 2004 and chaired Genworth’s Audit Committee and served on Genworth’s Management Development and Compensation Committee.
On February 26, 2018, Genworth’s Board of Directors reduced the size of the Board to nine directors and appointed Robert P. Restrepo Jr. as chair of the Audit Committee.
A copy of the press release announcing Mr. Parke’s passing is attached hereto as Exhibit 99.1.
 
Item 9.01	Financial Statements and Exhibits.	
(d) Exhibits.

99.1	  	Press Release issued by the Company, dated February 22, 2018	

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	 		 	GENWORTH FINANCIAL, INC.	
				
Date: February 26, 2018	 		 	By:	 	/s/ Ward E. Bobitz	
	 		 		 	Ward E. Bobitz	
	 		 		 	Executive Vice President and	
	 		 		 	General Counsel	

Exhibit 99.1

Genworth Mourns the Death of Board Member James Parke
Richmond, VA (February 22, 2018) – 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 .

For further information:
Julie Westermann
804.662.2423
julie.westermann@genworth.com