Jackson Financial Inc. (JXN)

36.35 -0.76 (-2.05%) At close: 04:00PM EDT

Jackson Financial Inc.

1 Corporate Way
Lansing, MI 48951
United States
517 381 5500
https://www.jackson.com

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 2,975

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Laura Louene Prieskorn	CEO, Pres & Director	2.87M	N/A	1968
Ms. Marcia Lynn Wadsten F.S.A.	Exec. VP & CFO	2.1M	N/A	1967
Mr. Craig Donald Smith C.F.A.	Pres, CEO & Chief Investment Officer of PPM America, Inc.	2.47M	N/A	1969
Mr. Scott Eric Romine	Pres & CEO of Jackson National Life Distributors LLC	1.57M	N/A	1965
Mr. Devkumar Dilip Ganguly	Exec. VP & COO	N/A	N/A	1976
Mr. Don Wayne Cummings	Sr. VP, Controller & Chief Accounting Officer	N/A	N/A	1964
Mr. Michael Ray Hicks	Chief Information Officer	N/A	N/A	N/A
Ms. Elizabeth Ann Werner	Head of Investor Relations	N/A	N/A	N/A
Ms. Carrie Lynn Chelko	Exec. VP & Gen. Counsel	N/A	N/A	1974
Ms. Dana Scamarcia Rapier	Sr. VP & Chief HR Officer of Jackson	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities; and a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, warehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

Corporate governance

Jackson Financial Inc.’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 9; Board: 2; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.