Prudential has announced the appointment of Sullivan as its new Chief Executive Officer, succeeding Charles F. Lowrey, who has served as CEO since 2018. Lowrey will remain with Prudential as Executive Chairman of the Board for the next 18 months, providing valuable guidance during this leadership transition.
Sullivan, who joined Prudential in 2011, brings extensive experience across the company’s various divisions, having previously served as Executive Vice President and Head of International Businesses and Global Investment Management. His leadership has spanned Prudential’s U.S.-based businesses as well as PGIM, the company’s $1.4 trillion global investment management arm. With his deep expertise in both insurance and investment management, Sullivan is well-positioned to drive Prudential’s continued growth and innovation.
Under Sullivan’s leadership, Prudential aims to maintain its strategic focus on expanding global financial services, enhancing investment solutions, and leveraging technology to drive customer-centric initiatives. As the company navigates evolving market conditions and new opportunities in the financial sector, this leadership transition marks a significant milestone in Prudential’s journey forward.
