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Prudential Financial, Inc. (PRU)

NYSE - NYSE Delayed Price. Currency in USD
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61.67-1.79 (-2.82%)
At close: 4:00PM EDT

61.85 +0.18 (0.29%)
Before hours: 8:09AM EDT

Prudential Financial, Inc.

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

Sector(s)Financial Services
IndustryInsurance—Life
Full Time Employees51,511

Key Executives

NameTitlePayExercisedYear Born
Mr. Charles Frederick Lowrey Jr.Chairman, CEO & Pres7.36MN/A1958
Mr. Robert Michael Falzon CFAVice Chair5.86MN/A1960
Mr. Kenneth Yutaka TanjiExec. VP & CFO2.29MN/A1966
Mr. Scott Garrett SleysterExec. VP & Head of International Bus.es3.5M541.07k1960
Mr. Timothy Lee SchmidtSr. VP & Chief Investment OfficerN/AN/A1959
Mr. Robert Douglas AxelSr. VP, Controller & Principal Accounting OfficerN/AN/AN/A
Ms. Stacey GoodmanChief Information Officer & Exec. VPN/AN/A1963
Mr. Darin C. Arita CFASr. VP and Head of Investor RelationsN/AN/AN/A
Mr. Lee Duane AugsburgerChief Ethics & Compliance OfficerN/AN/A1960
Ms. Ann M. KapplerExec. VP & Gen. CounselN/AN/A1958
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers asset management public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private, and sub-advisory clients, as well as to insurance company separate accounts, government sponsored entities, and the general account. It 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 plans and affinity groups. 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. It also offers individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries, as well as middle income and mass affluent markets. In addition, the company provides third-party life, health, Medicare, and property and casualty products to retail shoppers through its digital and independent agent channels. It offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. The company was founded in 1875 and is headquartered in Newark, New Jersey.

Corporate Governance

Prudential Financial, Inc.’s ISS Governance QualityScore as of October 6, 2020 is 2. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 1; Compensation: 3.

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 a 10 indicates higher governance risk.