Prudential Financial, Inc. (PRU)

81.75 +0.56 (+0.69%) 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: 39,583

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Charles Frederick Lowrey Jr.	Chairman, CEO & Pres	6.58M	N/A	1958
Mr. Robert Michael Falzon CFA	Exec. Vice Chairman	5.24M	3.45M	1960
Mr. Kenneth Yutaka Tanji	Exec. VP & CFO	2.76M	N/A	1966
Mr. Scott Garrett Sleyster	Exec. VP of Market Competitiveness	3.46M	1.86M	1960
Mr. Andrew Francis Sullivan	Exec. VP and Head of International Bus.es & PGIM	3.26M	530.02k	1972
Mr. Timothy Lee Schmidt	Sr. VP & Chief Investment Officer	N/A	N/A	1959
Mr. Robert Douglas Axel	Sr. VP, Controller & Principal Accounting Officer	N/A	N/A	N/A
Ms. Stacey Goodman	Chief Information Officer & Exec. VP	N/A	N/A	1963
Mr. Darin C. Arita	Sr. VP and Head of Investor Relations	N/A	N/A	N/A
Ms. Ann Mary Kappler	Exec. VP & Gen. Counsel	N/A	N/A	1958

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

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 eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company 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. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. Additionally, the company offers 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 March 2023 is 1. The pillar scores are Audit: 1; Board: 7; Shareholder rights: 1; Compensation: 1.

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.