{"id":943433,"date":"2026-03-10T16:21:06","date_gmt":"2026-03-10T20:21:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\/"},"modified":"2026-03-10T16:21:06","modified_gmt":"2026-03-10T20:21:06","slug":"prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\/","title":{"rendered":"Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman"},"content":{"rendered":"

<\/p>\n

Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman<\/b><\/p>\n

NEWARK, N.J.–(BUSINESS WIRE<\/a>)–
\nPrudential Financial, Inc. (NYSE: PRU<\/a>) announced today that its Board of Directors has appointed Andrew Sullivan, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026.<\/p>\n

\nSullivan succeeds Charles Lowrey, who resigned as Executive Chairman and director on March 10. Lowrey will remain with the company as a senior advisor through the end of the second quarter, when he will retire from Prudential. During his 25 years of distinguished service to Prudential, Lowrey served as Executive Chairman beginning in 2025, Chief Executive Officer from 2018 to 2025, and Chairman from 2019 to 2025.<\/p>\n

\n\u201cI\u2019m honored that the Board has asked me to take on the additional role of Chairman,\u201d said Sullivan, \u201cIt\u2019s a privilege to lead the company at this pivotal moment. I have strong conviction in our strategy and the progress we\u2019re making as we continue to execute with discipline and deliver long-term value for our customers and shareholders. On behalf of our Board and the entire company, I would like to thank Charlie for his leadership and significant contributions to Prudential.\u201d<\/p>\n

\nAs Chairman and CEO, Lowrey established a foundation for the company\u2019s next phase of growth, presiding over a series of growth investments, derisking transactions and organizational changes to strengthen the company\u2019s competitive position in the marketplace. Lowrey also led Prudential through the COVID-19 pandemic, where he oversaw multiple initiatives to support Prudential employees, customers, and the communities in which Prudential operates.<\/p>\n

\nReflecting on his career, Lowrey said, \u201cIt has been an honor to serve Prudential for the past 25 years. I\u2019m proud of what we\u2019ve built together and grateful to our employees, Board, partners, and shareholders. Andy is a proven leader, and I have great confidence in him and the broader leadership team as Prudential enters its next chapter.\u201d<\/p>\n

\n\u201cOn behalf of the Board, I want to thank Charlie for his long and distinguished service to Prudential,\u201d said Michael A. Todman, Prudential\u2019s Lead Independent Director. \u201cI look forward to continuing to work closely with Andy and the Board on areas of governance and stakeholder engagement, supporting strong alignment and continuity as Andy leads the company forward. His deep experience and knowledge of our business put him in a strong position to steer Prudential\u2019s growth.\u201d<\/p>\n

About Prudential Financial<\/b><\/p>\n

\nPrudential Financial, Inc. (NYSE: PRU<\/a>), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of December 31, 2025, has operations in the United States, Asia, Europe, and Latin America. Prudential\u2019s 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\u2019s iconic Rock symbol has stood for strength, stability, expertise, and innovation for 150 years. For more information, please visit news.prudential.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260310174206\/en\/<\/a><\/span><\/p>\n

Prudential Media Contact: <\/b>Emily Blum; emily.blum@prudential.com<\/a><\/p>\n

KEYWORDS:<\/b> New Jersey United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Professional Services Other Professional Services Asset Management Insurance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman NEWARK, N.J.–(BUSINESS WIRE)– Prudential Financial, Inc. (NYSE: PRU) announced today that its Board of Directors has appointed Andrew Sullivan, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026. Sullivan succeeds Charles Lowrey, who resigned as Executive Chairman and director on March 10. Lowrey will remain with the company as a senior advisor through the end of the second quarter, when he will retire from Prudential. During his 25 years of distinguished service to Prudential, Lowrey served as Executive Chairman beginning in 2025, Chief Executive Officer from 2018 to 2025, and Chairman from 2019 to 2025. \u201cI\u2019m honored … <\/p>\n

Continue reading “Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-943433","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPrudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman NEWARK, N.J.–(BUSINESS WIRE)– Prudential Financial, Inc. (NYSE: PRU) announced today that its Board of Directors has appointed Andrew Sullivan, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026. Sullivan succeeds Charles Lowrey, who resigned as Executive Chairman and director on March 10. Lowrey will remain with the company as a senior advisor through the end of the second quarter, when he will retire from Prudential. During his 25 years of distinguished service to Prudential, Lowrey served as Executive Chairman beginning in 2025, Chief Executive Officer from 2018 to 2025, and Chairman from 2019 to 2025. \u201cI\u2019m honored … Continue reading "Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T20:21:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260310174206r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman\",\"datePublished\":\"2026-03-10T20:21:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/\"},\"wordCount\":539,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260310174206r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/prudential-financial-board-of-directors-appoints-chief-executive-officer-andrew-sullivan-as-chairman\\\/\",\"name\":\"Prudential Financial Board of Directors Appoints Chief Executive Officer Andrew Sullivan as Chairman - 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