Genworth Slumps as CFO's Exit Leaves Groh to Clean Up Accounting

Updated on
  • Klein is leaving to take a job at a financial services company
  • Principal accounting officer Groh to replace Klein as CFO

Genworth Financial Inc., which has the worst-performing stock among large U.S. insurers this year, extended its slump after announcing that Chief Financial Officer Martin Klein resigned to take a role at another company.

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