Prudential Financial, Inc. (PRU)

118.68 +0.95 (+0.81%) At close: 04:00PM EDT

Prudential Financial, Inc.

751 Broad Street
Newark, NJ 07102
United States
973 802 6000
https://www.prudential.com

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 40,366

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Charles Frederick Lowrey Jr.	Chairman, CEO & President	5.52M	N/A	1958
Mr. Robert Michael Falzon CFA	Executive Vice Chairman	4.44M	N/A	1960
Ms. Caroline Ann Feeney	Executive VP & Head of U.S. Businesses	2.88M	N/A	1970
Mr. Kenneth Yutaka Tanji	Executive Officer	2.53M	720.22k	1966
Mr. Andrew Francis Sullivan	Executive VP and Head of International Businesses & PGIM	3.1M	N/A	1971
Ms. Yanela del Carmen Frias	Executive VP & CFO	N/A	N/A	1972
Mr. Timothy Lee Schmidt	Senior VP & Chief Investment Officer	N/A	N/A	1959
Mr. Robert Douglas Axel	Senior VP, Controller & Principal Accounting Officer	N/A	N/A	N/A
Ms. Stacey Goodman	Chief Information Officer & Executive VP	N/A	N/A	1963
Mr. Darin C. Arita	Senior VP and Head of Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2023, 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

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. The PGIM segment offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. The Retirement Strategies segment provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; develops and distributes individual variable and fixed annuity products. The Group Insurance segment offers various group life, and long-term and short-term group disability, as well as group corporate-, bank-, and trust-owned life insurance in the United States primarily for institutional clients for use in connection with employee and membership benefits plans; sells accidental death and dismemberment, and other supplemental health solutions; and plan administration services in connection with its insurance coverages. The Individual Life segment develops and distributes variable life, universal life, and term life insurance products. The International Businesses segment develops and distributes life insurance, retirement products, investment products, and certain accident and health products; and advisory services. The company provides its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Corporate governance

Prudential Financial, Inc.’s ISS governance QualityScore as of 1 September 2024 is 4. The pillar scores are Audit: 2; Board: 4; Shareholder rights: 1; Compensation: 9.

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.