PGIM Private Capital Provides $14.9B of Senior Debt and Junior Capital Globally in 2024
PGIM Private Capital provided $14.9 billion of senior debt and junior capital to more than 238 middle-market companies and projects globally in 2024. PGIM Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM, the $1.38 trillion global management business of Prudential Financial, Inc. (
NYSEPRU).
Prudential expands collaboration with Workday to deliver a seamless, personalized benefits experience through Workday Wellness
Prudential Financial, Inc. (
NYSEPRU) announced today an expanded strategic relationship with Workday Inc. that harnesses the power of data and AI to help employers better tailor their benefits programs to meet the needs of their workforce.
Pat Hynes Named President of Prudential Advisors
Pat Hynes has been named president of Prudential Advisors, where he will lead Prudential Financial, Inc.’s (
NYSEPRU) retail and advice arm. This business comprises more than 2,800 financial advisors and fee-based financial planners who offer clients, including more than 3.5 million American families, a full range of financial advice and solutions.
Prudential Launches OneLeave™ to Help Simplify and Improve the Workplace Leave Experience
Prudential Financial, Inc. (
NYSEPRU) today launched OneLeave, adding new absence and disability capabilities to help address the challenges of workplace leaves and the disruption it can create for both employers and employees.
PGIM Surveys Plan Sponsors, Assesses DC Landscape and Perspectives on Optimizing Retirement Outcomes
PGIM DC Solutions, the retirement solutions provider of PGIM, announces the results of its Defined Contribution (DC) Landscape Survey, illuminating varying perspectives and trends across retirement plan decision-maker communities.
Prudential Financial Announces Appointment of Vicki Walia as Chief People Officer
Prudential Financial, Inc. (
NYSEPRU) today announced the appointment of Vicki Walia as Chief People Officer, effective March 31, 2025. Walia currently leads human resources for the company’s U.S. Businesses and PGIM, Prudential’s global asset management business.
Prudential Financial, Inc. Announces 2024 Results
Prudential Financial, Inc. (
NYSEPRU) today reported year-end and fourth quarter 2024 results. Net income attributable to Prudential Financial, Inc. was $2.727 billion ($7.50 per Common share) for 2024, compared to $2.488 billion ($6.74 per Common share) for 2023. After-tax adjusted operating income was $4.588 billion ($12.62 per Common share) for 2024, compared to $4.380 billion ($11.88 per Common share) for 2023.
Prudential Financial Recognized as 2025 Industry Leader by Fortune’s List of Most Admired Companies
Prudential Financial, Inc. (
NYSEPRU) announced today that it has been named to FORTUNE® magazine’s annual list of World’s Most Admired Companies. Further, Prudential ranked No. 1 in the Insurance: Life & Health industry.
Prudential Financial and Dai-ichi Life to Pursue Strategic Partnership
Prudential Financial, Inc. (
NYSEPRU) and Dai-ichi Life Holdings announced today their intent to pursue a strategic partnership focused on product distribution and asset management capabilities.
Prudential Financial to Reinsure $7B Japanese Whole Life Block with Prismic Life
Prudential Financial, Inc. (
NYSEPRU) announced today an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life (Prismic), a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors.
Prudential, Dimensional Fund Advisors and FIDx Collaborate to Help Reinvent Retirement Income in Wealth Management
Prudential Financial, Inc. (
NYSEPRU) today announced plans to collaborate with Dimensional Fund Advisors and Fiduciary Exchange LLC (FIDx) to bring protected lifetime income strategies to managed accounts via the FIDx Insurance Overlay marketplace. This initiative is designed to further meet the evolving needs of retirement investors who partner with registered investment advisors (RIAs), in a new, innovative way.
Prudential Financial, Inc. to Announce Fourth Quarter 2024 Earnings; Schedules Conference Call
Prudential Financial, Inc. (
NYSEPRU) will release its fourth quarter 2024 earnings on Tuesday, February 4, 2025, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company’s Investor Relations website at investor.prudential.com.
PGIM Adds Two Buffer ETF Series and Laddered Buffer ETF to Lineup
PGIM,1 the $1.4 trillion global investment management business of Prudential Financial, Inc. (
NYSEPRU) launches the PGIM S&P 500 Max Buffer ETF series, the PGIM Nasdaq-100 Buffer 12 ETF series and the PGIM Laddered Nasdaq-100 Buffer 12 ETF (“the ETFs”).
‘Baby steps’ toward retirement: Prudential gives Generation Beta a savings kick start and launches first-of-kind study
Today Prudential Financial, Inc. (
NYSEPRU) joins the world in welcoming Generation Beta (people born Jan. 1, 2025, to Dec. 31, 2039) by commissioning a first-of-its-kind report, Generation Beta: Redefining Life, Longevity, and Retirement, that reveals how Americans envision the future, and how technological, social and economic shifts will impact their financial security.
Prudential Financial Completes Guaranteed Universal Life Reinsurance Transaction With Wilton Re and Completes Internal Captive Restructure
Prudential Financial, Inc. (
NYSEPRU) announced today that it has successfully closed a reinsurance transaction for a portion of its guaranteed universal life block with Wilton Re. This transaction, originally announced on Aug. 20, 2024, advances Prudential’s strategic progress to become a higher growth and more capital efficient company. The financial impact of the transaction aligns with the impacts outlined at the time of the announcement.
Prudential collaborates with Empathy to enhance workplace benefits with holistic bereavement support for families coping with loss
The loss of a loved one is a profoundly difficult time, and navigating the financial, legal, emotional and logistical challenges that follow can often be daunting.
Prudential Financial Board of Directors Elects Andrew Sullivan as Next CEO
Prudential Financial, Inc. (
NYSEPRU) 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.
Prudential Financial Completes Integration with LPL Financial Platform, Delivering Experience Upgrade for its Retail Arm, Prudential AdvisorsNEWARK, N.J. and SAN DIEGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (
NYSEPRU) and LPL Financial Holdings Inc. (Nasdaq: LPLA) finalized today the launch of their strategic relationship, first announced in August 2023.
Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM
Prudential Financial, Inc. (
NYSEPRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025.
Prudential Financial Declares Quarterly Dividend on Common Stock
Prudential Financial, Inc. (
NYSEPRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on December 12, 2024, to shareholders of record at the close of business on November 19, 2024.
Prudential Financial, Inc. Announces Third Quarter 2024 Results
Prudential Financial, Inc. (
NYSEPRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common share) for the third quarter of 2024, compared to a net loss of $802 million ($2.23 per Common share) for the third quarter of 2023. After-tax adjusted operating income was $1.260 billion ($3.48 per Common share) for the third quarter of 2024, compared to $1.332 billion ($3.62 per Common share) for the third quarter of 2023.
Prudential Financial, Inc. to Announce Third Quarter 2024 Earnings; Schedules Conference Call
Prudential Financial, Inc. (
NYSEPRU) will release its third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. The earnings news release, the financial supplement, and related materials will be posted on the company’s Investor Relations website at investor.prudential.com.
