Genworth Financial has announced the election of Steven C. Van Wyk to its Board of Directors, effective immediately. Formerly the CIO of HSBC, Mr. Van Wyk’s expertise will support Genworth’s ongoing strategic initiatives. He will stand for election at the 2025 Annual Meeting of Stockholders. The company is focused on aiding families in the aging process while incorporating advanced technologies.
Genworth Financial, Inc. (NYSE: GNW) has unveiled the election of Steven C. Van Wyk to its Board of Directors. Mr. Van Wyk, the former Group Chief Information Officer for HSBC Bank PLC, will bring substantial expertise in technology and business transformation. His role as an independent director becomes effective immediately, raising the Board’s total membership to 10. Mr. Van Wyk is expected to stand for election at the Genworth Annual Meeting of Stockholders on May 22, 2025.
Melina Higgins, the non-executive Chair of the Genworth Board, remarked on Mr. Van Wyk’s extensive qualifications, stating, “Steve brings deep technology, business transformation, and executive leadership expertise to the Genworth Board.” Tom McInerney, President and CEO of Genworth, recognized the value Mr. Van Wyk would add as the company implements advanced AI and digital technologies to enhance customer service and aid families effectively.
With a veteran background in information technology within the banking and insurance sectors, Mr. Van Wyk’s achievements in executing large-scale technology transformations will provide invaluable insights for Genworth’s strategic direction. He previously held CIO roles at prominent institutions, including PNC Bank and Morgan Stanley, and has held various finance, audit, and consulting positions throughout his career.
Genworth Financial, headquartered in Richmond, Virginia, is dedicated to assisting families in managing the aging process confidently. The company provides various services and products related to long-term care and caregiving. For additional information on Genworth and its services, one may visit genworth.com, and for details on Enact Holdings, Inc., visit enactmi.com.
The press release reminds readers of the nature of forward-looking statements, which are identified by terms like “expects” and “plans.” These statements reflect management’s current assumptions and expectations, but actual outcomes may differ significantly due to various risks and uncertainties, as discussed in Genworth’s Annual Report filed with the SEC.
The election of Steven C. Van Wyk to Genworth’s Board of Directors introduces a wealth of experience in technology and business transformation, strengthening the Board’s capabilities as it aims to enhance shareholder value and service excellence. The company continues to focus on empowering families in navigating the aging journey while prioritizing innovation through digital technologies.
Original Source: www.businesswire.com
