Prudential Financial announces new leader of US insurance and retirement businesses
January 25 2021 - 8:00AM
Business Wire
Caroline Feeney to drive competitiveness and growth of
Prudential’s domestic businesses focused on income and protection
solutions
Prudential Financial, Inc. (NYSE: PRU) has appointed Caroline
Feeney as CEO of its U.S. Insurance & Retirement Businesses.
Feeney assumes this newly created role effective today and will be
responsible for driving growth across the consolidated portfolio of
U.S. businesses, while ensuring alignment with PGIM, the company’s
asset management business.
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Caroline Feeney (Photo: Business
Wire)
Feeney’s expanded remit will include oversight of Group
Insurance, Individual Life Insurance, Prudential Annuities,
Prudential Retirement, and the Retail Advice and Solutions
organization. She will also oversee several enabling functions,
including the group charged with enhancing and unifying the service
experience for Prudential’s retail and institutional customers in
the U.S.
Feeney has held progressively more senior roles during her
27-year career at Prudential, most recently serving as CEO of
Individual Solutions. Previously, she served as president of
Prudential Advisors and president of Individual Life Insurance, and
spent time in field leadership roles, providing her firsthand
experience with customers and the company’s financial
professionals. Feeney also leads the company’s Women Empowered
business resource group and champions women’s financial issues,
diversity and professional development both within and outside of
Prudential.
In her new role, Feeney will continue to report to Andy
Sullivan, executive vice president and head of U.S. Businesses for
Prudential.
“Caroline’s business savvy, deep industry experience and
people-centric leadership style will help us realize the full
potential of our businesses,” said Sullivan. “She is a true
ambassador for the Prudential brand and a passionate advocate for
our company’s purpose: to make lives better by solving the
financial challenges of our changing world.”
Feeney represents Prudential on several boards, including The
Alliance for Lifetime Income, and is a member of Fortune’s Most
Powerful Women and the National Association for Female Executives’
Executive Roundtable. She also serves as a trustee of Prudential’s
Corporate Social Responsibility Oversight Committee, which guides
the company’s Foundation and its investments.
About Prudential Financial, Inc.
Prudential Financial, Inc. (NYSE: PRU), a financial wellness
leader and premier active global investment manager with more than
$1.5 trillion in assets under management as of Sept. 30, 2020, has
operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees help to make lives
better by creating financial opportunity for more people.
Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more
information, please visit news.prudential.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210125005056/en/
MEDIA CONTACT: Sheila Dixon (973) 802-6852
sheila.dixon@prudential.com
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