Genworth trading higher after naming new CEO Genworth Financial (GNW) is trading higher this morning after its board of directors selected Thomas J. McInerney as the company's president and CEO. McInerney most recently served as an adviser to The Boston Consluting Group and previously served as the COO of ING Groep (ING) and President of Aetna Financial Services (AET). McInerney's appointment is effective as of January 1, 2013 and he will also be elected to Genworth's board of directors. The company says James S. Riepe will continue to serve as non-executive chairman. Acting CEO Marty Klein will re-assume his full-time role as CFO when McInerney becomes CEO. Genworth shares rose 33c, or 4.91%, to $7.05 in early morning trading.
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