Genworth Promotes Mortgage Head Schneider to Operating ChiefBy
Schneider will continue to oversee the mortgage business
CEO McInerney says appointment helps him focus on strategy
Genworth Financial Inc., the insurer battered by losses on long-term care policies, promoted Kevin Schneider to chief operating officer as the company seeks to reverse a stock slide that led to its removal from the Standard & Poor’s 500 Index.
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