Prudential Financial Appoints Andrew Sullivan as Next CEO Succeeding Charles F. Lowrey on 31st March 2025 Who Has Resigned, Charles F. Lowrey to Continue as Executive Chairman for 18 Months, Vice Chair Robert Falzon to Retire after 24 Years on 11th July 2025, Caroline Feeney Appointed as Global Head of Insurance & Retirement Effective 31st March 2025
5th December 2024 | Hong Kong
Prudential Financial has announced the appointment of Andrew Sullivan as the next CEO succeeding Charles F. Lowrey on 31st March 2025 who has resigned. Charles F. Lowreyw will continue as Executive Chairman for 18 months. Vice Chair Robert Falzon has announced to retire after 24 years on 11th July 2025. Caroline Feeney has been appointed as Global Head of Insurance & Retirement effective 31st March 2025. Prudential Financial (3/12/24): “Prudential Financial today announced that the Board of Directors has appointed Andrew Sullivan as its next CEO, effective March 31, 2025. Sullivan, who currently serves as executive vice president and head of International Businesses and Global Investment Management, will succeed Charles F. Lowrey. Lowrey will remain as Executive Chairman of the Board for 18 months, working with the Board and supporting and advising Sullivan. As part of Prudential’s executive leadership team, Sullivan has played an important role in driving the company’s strategy. He currently oversees both the company’s International Insurance segment and PGIM, the firm’s $1.4 trillion global investment management business. Since joining the company in 2011, he has held successive leadership positions, including heading all of the firm’s U.S.-based businesses. Having successfully led Prudential’s U.S. Businesses since 2021, Caroline Feeney will expand her role to become Global Head of Insurance and Retirement, a newly created position overseeing Prudential’s market-leading domestic and international insurance and retirement businesses, effective March 31, 2025. Feeney and incoming head of PGIM Jacques Chappuis will both report to Sullivan in his role as CEO. The Board also announced that Vice Chair Robert Falzon will step down from the Board, effective March 31, 2025, and retire from Prudential, effective July 11, 2025. Falzon’s 42-year career with Prudential has seen him serve as executive vice president and CFO of Prudential, as well as company treasurer and managing director of PGIM Real Estate, head of PGIM’s Global Merchant Banking and Global Real Estate Securities groups and CEO of its European business.”
“ Prudential Financial Appoints Andrew Sullivan as Next CEO Succeeding Charles F. Lowrey on 31st March 2025 Who Has Resigned, Charles F. Lowrey to Continue as Executive Chairman for 18 Months, Vice Chair Robert Falzon to Retire after 24 Years on 11th July 2025, Caroline Feeney Appointed as Global Head of Insurance & Retirement Effective 31st March 2025 “
Prudential Financial – Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of Sept. 30, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years.
Prudential Financial Appoints Andrew Sullivan as Next CEO Succeeding Charles F. Lowrey on 31st March 2025 Who Has Resigned, Charles F. Lowrey to Continue as Executive Chairman for 18 Months, Vice Chair Robert Falzon to Retire after 24 Years on 11th July 2025, Caroline Feeney Appointed as Global Head of Insurance & Retirement Effective 31st March 2025
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