Genworth Financial CEO Thomas McInerney's 2019 pay slips 2% to $9.1M

Genworth Financial reports 2019 executive compensation

By ExecPay News

Published: April 1, 2021

Genworth Financial reported fiscal year 2019 executive compensation information on April 1, 2021.
In 2019, six executives at Genworth Financial received on average a compensation package of $5.3M, a 58% increase compared to previous year.
Average pay of disclosed executives at Genworth Financial
Thomas J. McInerney, Chief Executive Officer, received $9.1M in total, which decreased by 2% compared to 2018. 56% of McInerney's compensation, or $5.1M, was in stock awards. McInerney also received $2.5M in non-equity incentive plan, $1M in salary, as well as $463K in other compensation.
For fiscal year 2019, the median employee pay was $90,616 at Genworth Financial. Therefore, the ratio of Thomas J. McInerney's pay to the median employee pay was 100 to one.
Daniel J. Sheehan IV, Chief Financial Officer, received a compensation package of $5.8M, which increased by 121% compared to previous year. 37% of the compensation package, or $2.2M, was in stock awards.
Kevin D. Schneider, Chief Operating Officer, earned $5.6M in 2019, a 119% increase compared to previous year.
Kelly L. Tuminelli, Chief Financial Officer, received $4.2M in 2019, which increases by 131% compared to 2018.
Kelly L. Groh, Chief Financial Officer, earned $4.2M in 2019, a 131% increase compared to previous year.
Ward E. Bobitz, General Counsel, received $2.9M in 2019, which increases by 41% compared to 2018.

Related executives

Kelly Tuminelli

Genworth Financial

Chief Financial Officer

Thomas McInerney

Genworth Financial

Chief Executive Officer

Kelly Groh

Genworth Financial

Chief Financial Officer

Daniel Sheehan

Genworth Financial

Chief Financial Officer

Kevin Schneider

Genworth Financial

Chief Operating Officer

Ward Bobitz

Genworth Financial

General Counsel

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Source: SEC filing on April 1, 2021.