Genworth Taps Grady to Head Retirement Income Biz

July 23, 2007 (PLANSPONSOR.com) - Genworth Financial, Inc. has named Chris Grady President of its Retirement Income business.

According to a press release, Grady brings to Genworth a 28-year record of accomplishment in the insurance industry, most recently at Merrill Lynch – a firm he joined in 1995 as an estate and business insurance specialist. Subsequently he held positions of increasing responsibility, becoming Managing Director and running the distribution for all of Merrill Lynch’s retail banking businesses, according to a Genworth press release.

Grady began his career as an agent at Mass Mutual, becoming one of the youngest producers in the country to qualify for life membership in the Million Dollar Round Table. At Mass Mutual, Grady advanced through positions of increasing responsibility, becoming Director of Advanced Marketing prior to joining Merrill Lynch.

“Chris is a dynamic addition Genworth’s Retirement and Protection executive team,” said Pam Schutz, Executive Vice President, Retirement and Protection for Genworth in a press release. “Chris’ core strengths lie in leading and motivating people, putting in place appropriate structures and processes and driving sales results. He is charged with leading the business that will accelerate our leadership in the retirement markets and executing on Genworth’s strategic goals, in particular becoming the preferred distributor partner in the retirement industry.”

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