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Prudential Financial Inc (PRU.N)

PRU.N on New York Stock Exchange

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12 Dec 2018
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Summary

Name Age Since Current Position

John Strangfeld

64 2018 Non-Executive Chairman of the Board

Charles Lowrey

60 2018 President, Chief Executive Officer, Director

Robert Falzon

58 2018 Vice Chairman of the Board

Kenneth Tanji

52 2018 Chief Financial Officer, Executive Vice President

Lucien Alziari

58 2017 Chief Human Resource Officer, Senior Vice President

Timothy Harris

57 2015 Executive Vice President, General Counsel

Stephen Pelletier

64 2014 Executive Vice President, Chief Operating Officer - U.S. Businesses

Scott Sleyster

58 2018 Executive Vice President, Chief Operating Officer - International Businesses

Barbara Koster

63 2011 Senior Vice President, Chief Information Officer

Nicholas Silitch

56 2012 Senior Vice President, Chief Risk Officer

Richard Lambert

60 2012 Senior Vice President, Chief Actuary

Candace Woods

57 2017 Senior Vice President and Chief Actuary

Thomas Baltimore

54 2017 Lead Independent Director

Mark Grier

65 2018 Director

Gilbert Casellas

65 2001 Independent Director

Martina Hund-Mejean

58 2010 Independent Director

Karl Krapek

69 2017 Independent Director

Peter Lighte

69 2016 Independent Director

George Paz

62 2016 Independent Director

Sandra Pianalto

63 2015 Independent Director

Christine Poon

65 2006 Independent Director

Douglas Scovanner

62 2013 Independent Director

Michael Todman

60 2016 Independent Director

Biographies

Name Description

John Strangfeld

Mr. John R. Strangfeld is no longer Non-Executive Chairman of the Board of the Company effective April 5, 2019 . He has served as CEO and President of Prudential Financial since January 2008 and Chairman of the Board since May 2008. Mr. Strangfeld is a member of the Office of the Chairman of Prudential Financial and served as Vice Chairman of Prudential Financial from 2002 through 2007, overseeing the U.S. Insurance and Investment divisions. Prior to his position as Vice Chairman, Mr. Strangfeld held a variety of senior investment positions at Prudential, both within the U.S. and abroad.

Charles Lowrey

Mr. Charles F. Lowrey, Jr., has been appointed Chairman of the Board, President, Chief Executive Officer of the Company effective November 30, 2018. Charles F. Lowrey is CEO of Prudential Financial, Inc. Prior to assuming his current role in December 2018, Lowrey served as executive vice president and chief operating officer of Prudential’s International businesses. Previously, he was executive vice president and chief operating officer of Prudential’s U.S. businesses. Lowrey also served as president and CEO of PGIM, Prudential’s global investment management business, and earlier as CEO of its real estate investment business, PGIM Real Estate. Before joining Prudential in 2001, Lowrey was a managing director and head of the Americas for J.P. Morgan’s Real Estate and Lodging Investment Banking group, where he began his investment banking career in 1988. Earlier, Lowrey spent four years as a managing partner of an architecture firm he founded in New York City. During this time, he became a registered New York architect. Lowrey received an MBA from Harvard University, a master’s degree in architecture from Yale University and a bachelor’s degree in architecture from Princeton University.

Robert Falzon

Mr. Robert M. Falzon will become Director of the Company., effective from August 2019. He has been appointed as Vice Chairman of the Board of the Company, Robert Falzon is vice chairman of Prudential Financial, Inc. He was appointed the position in December 2018, and he will become a member of Prudential’s board of directors in August 2019. In his role, Falzon oversees the finance, risk, investments, actuarial, communications, information & technology, and corporate social responsibility functions. Prior to this position, Falzon was executive vice president and chief financial officer of Prudential Financial, Inc. Appointed to this position in March 2013,  Falzon oversaw global financial management matters, including financial reporting, treasury, tax, investor relations and mergers and acquisitions. Previously, Falzon was senior vice president and treasurer of Prudential Financial, Inc., responsible for management of the company’s capital, liquidity and borrowing. Before being appointed treasurer in 2009, Falzon served as managing director at PGIM Real Estate, head of its Global Merchant Banking and Global Real Estate Securities Groups and CEO of its European business. Before joining PGIM Real Estate in 1998, Falzon was a managing director in the investment banking group at Prudential Securities Incorporated in New York, and was previously a managing director in PGIM’s private fixed income business.  Falzon holds an MBA degree in finance and accounting from Columbia University and graduated Phi Beta Kappa with a B.A. degree in economics from Rutgers University. He is a CFA charter holder, a Certified Public Accountant, and a member of AICPA and the CFA Institute. Falzon is the chair of the Advisory Boards for the New Jersey Salvation Army and the Salvation Army Boys & Girls Club of Ironbound in Newark. He is a member of the Rutgers Business School Advisory Board and the Board of Overseers. Additionally, Falzon is a member of the U.S.-Japan Business Council and co-chair of its Financial Services Committee.

Kenneth Tanji

Mr. Kenneth Y. Tanji is Chief Financial Officer, Executive Vice President of Prudential Financial, Inc. He was appointed in December 2018 and oversees global financial management matters, including financial reporting, investor relations, treasury, tax, and corporate development. Prior to this position, Tanji was senior vice president and treasurer at Prudential Financial, Inc., where he was responsible for management of the company’s capital, liquidity, borrowing, and cash management. Prior to taking on the treasurer role in 2013, Tanji served as chief financial officer of Prudential’s International businesses. In this position, he was responsible for the financial and actuarial management of Prudential’s International Insurance and Investment businesses operating in ten countries in Asia, South America, and Europe. Previously, Tanji was senior financial officer of Prudential Annuities, responsible for its financial reporting, planning, analysis, and capital management functions. In addition, he was Prudential’s business representative for its retail brokerage joint venture with Wachovia Securities from 2003 through 2009. Tanji also served as vice president of Finance for Prudential’s asset management business and held various positions with Prudential Securities’ Private Client and Debt Capital Markets Groups. Tanji joined Prudential in 1988 with the group insurance and healthcare operation in Minneapolis. He holds a bachelor’s degree in economics from Yale University, an MBA in finance from the University of Minnesota, and is a Chartered Financial Analyst. Tanji serves as Trustee and Treasurer for the New Jersey Institute for Social Justice. He also serves as Trustee and Treasurer for the Winston School of Short Hills.

Lucien Alziari

Mr. Lucien Alziari is Chief Human Resource Officer, Senior Vice President of the Company. He was elected Senior Vice President and Chief Human Resources Officer for Prudential Financial and Prudential Insurance in June 2017. From 2012 to the beginning of 2017, Mr. Alziari served as Executive Vice President and Chief Human Resources Officer of A.P. Moller-Maersk. From 2004 to 2012, he was the Chief Human Resources Officer and Head of Corporate Responsibility for Avon Products, Inc. Prior to Avon Products, Inc., Mr. Alziari held roles with Mars Confectionary in the United Kingdom and PepsiCo Inc. in New York, Vienna and Dubai.

Timothy Harris

Mr. Timothy P. Harris is Executive Vice President, General Counsel of the Company. He was appointed Executive Vice President and General Counsel for Prudential Financial and Prudential Insurance in October 2015. He served as the Deputy General Counsel and Chief Legal Officer, U.S. Businesses, from 2008 to 2015. He has served in various supervisory positions since 1999, including Chief Investment Counsel from 2005 through 2008, Chief Legal Officer of Prudential Annuities and Chief Legal Officer for Retirement Services and Prudential Asia. Mr. Harris was the Chief Risk Officer for Prudential Investments from 1999 to 2003. Prior to joining Prudential, he was associated with Cadwalader, Wickersham & Taft in New York, where he provided transactional and regulatory advice to investment banks, broker-dealers, banks and commodities firms.

Stephen Pelletier

Mr. Stephen P. Pelletier is Executive Vice President, Chief Operating Officer - U.S. Businesses of the Company. He was elected Executive Vice President and Chief Operating Officer, U.S. Businesses, of Prudential Financial and Prudential Insurance in March of 2014. He served as the Chief Executive Officer of Prudential Group Insurance from July of 2013 to March of 2014. Mr. Pelletier has been with Prudential since 1992, serving in various positions including President of Prudential Annuities and Chairman and CEO of Prudential International Investments.

Scott Sleyster

Mr. Scott G. Sleyster is Executive Vice President, Chief Operating Officer - International Businesses of the Company., effective December 1, 2018. He was elected Senior Vice President and Chief Investment Officer of Prudential Insurance and Prudential Financial in May 2012 and February 2013, respectively. Mr. Sleyster has been with Prudential since 1987, serving in a variety of positions, including head of Prudential’s Full Service Retirement business, president of Prudential’s Guaranteed Products business, chief financial officer for Prudential’s Employee Benefits Division, and has held roles in Prudential’s Treasury, Derivatives and Investment Management units.

Barbara Koster

Ms. Barbara G. Koster is Senior Vice President, Chief Information Officer of the Company. She was elected Senior Vice President, Operations and Systems, of Prudential Financial in May 2011 and has been a Senior Vice President of Prudential Insurance Company of America since February 2004. Ms. Koster joined Prudential in November 1995 as the Vice President and Chief Information Officer of Individual Life Insurance Systems and was appointed as the Chief Information Officer of Prudential in 2004. Prior to joining Prudential, Ms. Koster held several positions with Chase Manhattan Bank, including that of President of Chase Access Services.

Nicholas Silitch

Mr. Nicholas C. Silitch is Senior Vice President, Chief Risk Officer of the Company. He joined Prudential in 2010 as Chief Credit Officer and head of investment risk management. Prior to joining Prudential, Mr. Silitch held the position of Chief Risk Officer of the Alternative Investment Services, Broker Dealer Services and Pershing businesses within Bank of New York Mellon.

Richard Lambert

Mr. Richard F. Lambert is Senior Vice President, Chief Actuary of the Company. Mr. Lambert has been with Prudential since 1978, serving in various positions including Vice President and Actuary in Prudential’s domestic individual life insurance business from 1996 to 2004 and Senior Vice President and Chief Actuary of Prudential’s International Insurance division from 2004 to 2012.

Candace Woods

Ms. Candace J. Woods is Senior Vice President and Chief Actuary of the company. She was elected Senior Vice President and Chief Actuary of Prudential Financial and Prudential Insurance in November 2017. Prior to her current role, Ms. Woods served as Vice President and Chief Actuary for the actuarial center of excellence within Prudential Insurance. Also, Ms. Woods served as Vice President and Actuary from 2012 to 2013 and Vice President and Chief Actuary from 2013 to 2017 for the International Insurance businesses.

Thomas Baltimore

Mr. Thomas J. Baltimore, Jr., is Lead Independent Director of the Company. He has been the Chairman, President and Chief Executive Officer (CEO) of Park Hotels & Resorts, Inc. (a NYSE-listed lodging real estate investment trust) since January 2017. Between May 2016 and January 2017, Mr. Baltimore was the President and CEO of the planned Hilton Real Estate Investment Trust. Previously, he was President and CEO of RLJ Lodging Trust (a NYSE-listed real estate investment company) from May 2011 to May 2016. He served as Co-Founder and President of RLJ Development, LLC (RLJ Lodging’s predecessor company) from 2000 to May 2011. He served as VP, Gaming Acquisitions, of Hilton Hotels Corporation from 1997 to 1998 and later as VP, Development and Finance, from 1999 to 2000. He also served in various management positions with Host Marriott Services, including VP, Business Development, from 1994 to 1996.

Mark Grier

Mr. Mark B. Grier is no longer Director of the Company effective August 2019. He has served as Vice Chairman since 2007 and a member of the Office of the Chairman of Prudential Financial since August 2002. From April 2007 through January 2008, he served as Vice Chairman overseeing the International Insurance and Investments divisions and Global Marketing and Communications. Mr. Grier was Chief Financial Officer (CFO) of Prudential Insurance from 1995 to 1997 and has served in various executive roles. Prior to joining Prudential, Mr. Grier was an executive with Chase Manhattan Corporation.

Gilbert Casellas

Mr. Gilbert F. Casellas is Independent Director of the Company. He has been Chairman of OMNITRU (a consulting and investment firm) since 2011. He was the VP, Corporate Responsibility of Dell Inc. (a global computer manufacturer) from 2007 to 2010. He served as a Member of Mintz Levin Cohn Ferris Glovsky & Popeo, PC from June 2005 to October 2007. He served as President of Casellas & Associates, LLC (a consulting firm) from 2001 to 2005. During 2001, he served as President and CEO of Q-linx, Inc. He served as the President and COO of The Swarthmore Group, Inc. from January 1999 to December 2000. Mr. Casellas served as Chairman, U.S. EEOC from 1994 to 1998, and General Counsel, U.S. Department of the Air Force, from 1993 to 1994.

Martina Hund-Mejean

Ms. Martina T. Hund-Mejean is Independent Director of the Company. She has served as the CFO and a member of the Executive Committee at Mastercard Worldwide (a global transaction processing and consulting services company) since 2007. Ms. Hund-Mejean served as Senior Vice President (SVP) and Corporate Treasurer at Tyco International Ltd. from 2003 to 2007; SVP and Treasurer at Lucent Technologies from 2000 to 2002; and held management positions at General Motors Company from 1988 to 2000. Ms. Hund-Mejean began her career as a credit analyst at Dow Chemical in Frankfurt, Germany.

Karl Krapek

Mr. Karl J. Krapek is Independent Director of the Company. He has served as the President and COO of United Technologies Corporation (UTC) from 1999 until his retirement in January 2002. Prior to that time, Mr. Krapek held other management positions at UTC, which he joined in 1982. Mr. Krapek is also the co-founder of The Keystone Companies, which was founded in 2002 and develops residential and commercial real estate.

Peter Lighte

Mr. Peter Rupert Lighte is Independent Director of the Company. He has served as the Vice Chairman, J.P. Morgan Corporate Bank, China, from 2010 to 2014, and the founding Chairman of J.P. Morgan Chase Bank China, from 2007 to 2010. Prior to that, he headed the Company’s International Client Coverage for Treasury and Securities Services in J.P. Morgan’s European Global Operating Services Division and was instrumental in re-establishing its corporate bank in London. Mr. Lighte previously served as the President of Chase Trust Bank in Tokyo from 2000 to 2002. He was also the founding representative in Beijing of Manufacturers Hanover Trust Company. Mr. Lighte has also taught at several academic institutions, including Middlebury College and the University of Santa Clara.

George Paz

Mr. George Paz is Independent Director of the Company. He is the Non-Executive Chairman of Express Scripts Holding Company (Express Scripts), a prescription benefit management company, and served as the CEO of Express Scripts from April 2005 to May 2016. Mr. Paz also served as the President of Express Scripts from October 2003 to February 2014 and has been a director since January 2004. He joined Express Scripts in 1998 as SVP and CFO. Prior to joining Express Scripts, Mr. Paz was a partner at Coopers and Lybrand from 1988 to 1993 and 1996 to 1998 and served as Executive Vice President and CFO for Life Partners Group from 1993 to 1995.

Sandra Pianalto

Ms. Sandra Pianalto is Independent Director of the Company. She served as the President and CEO of the Federal Reserve Bank of Cleveland (the Cleveland Fed) from February 2003 until her retirement in May 2014. She was the First Vice President and COO of the Cleveland Fed from 1993 to 2003 and served as its VP and Secretary to the Board of Directors from 1988 to 1993. Ms. Pianalto also served in various supervisory roles at the Cleveland Fed from 1983 to 1988. Prior to joining the Cleveland Fed, Ms. Pianalto was an economist at the Board of Governors of the Federal Reserve System and served on the staff of the Budget Committee of the U.S. House of Representatives.

Christine Poon

Ms. Christine A. Poon is Independent Director of the Company. She served as Dean of Fisher College of Business at The Ohio State University from May 2009 until November 2014 and is now a member of the faculty. She served as Vice Chairman and a member of the Board of Directors of Johnson & Johnson from 2005 until her retirement in March 2009. Ms. Poon joined Johnson & Johnson in 2000 as Company Group Chair in the Pharmaceuticals Group. She became a Member of Johnson & Johnson’s Executive Committee and Worldwide Chair, Pharmaceuticals Group, in 2001, and served as Worldwide Chair, Medicines and Nutritionals from 2003 to 2005. Prior to joining Johnson & Johnson, she served in various management positions at Bristol-Myers Squibb for 15 years.

Douglas Scovanner

Mr. Douglas A. Scovanner is Independent Director of the Company. He has been the Founder and Managing Member of Comprehensive Financial Strategies, LLC, a management consulting firm, since October 2013. Previously, he served as the CFO (1994 to 2012) and Executive Vice President (2000 to 2012) of the Target Corporation (a North American retailer). Prior to joining the Target Corporation, Mr. Scovanner held various management positions at The Fleming Companies, Inc., Coca-Cola Enterprises, Inc., The Coca-Cola Company and the Ford Motor Company from 1979 to 1994.

Michael Todman

Mr. Michael A. Todman is Independent Director of the Company. He served as Vice Chairman of the Whirlpool Corporation (Whirlpool), a global manufacturer of home appliances, from November 2014 to December 2015. Mr. Todman previously served as President of Whirlpool International from 2006 to 2007 and 2010 to 2014, as well as President, Whirlpool North America from 2007 to 2010. Mr. Todman held several senior positions, including Executive Vice President and President of Whirlpool Europe from 2001 to 2005 and Executive Vice President, Whirlpool North America, in 2001. Prior to joining Whirlpool, Mr. Todman served in a variety of leadership positions at Wang Laboratories Inc. and Price Waterhouse and Co.