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Genworth Financial Appoints Interim Principal Accounting Officer

Flash2026-10-14

On October 13, 2026, Genworth Financial announced Darren W. Woodell’s resignation and the appointment of Jerome T. Upton as Interim Principal Accounting Officer — a SEC-mandated signatory role critical for financial statement certification and internal control oversight.

51CFO view:The PAO role is SEC-mandated for signing 10-K/10-Q filings; its vacancy risks delayed submissions or restatements. For insurers like Genworth, the PAO must master ASC 944 insurance accounting, actuarial reserve disclosures, and hedge accounting — making CFO-team continuity essential for SOX 404(b) readiness.

On October 13, 2026, Genworth Financial announced Darren W. Woodell’s resignation and the appointment of Jerome T. Upton as Interim Principal Accounting Officer — a SEC-mandated signatory role critical for financial statement certification and internal control oversight.