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Prudential Financial Inc (PRU)

PRU on New York Consolidated

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22 Jul 2016
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Summary

Name Age Since Current Position

John Strangfeld

62 2008 Chairman of the Board, President, Chief Executive Officer

Mark Grier

63 2002 Vice Chairman of the Board

Robert Falzon

56 2013 Chief Financial Officer, Executive Vice President

Timothy Harris

55 2015 Executive Vice President, General Counsel

Charles Lowrey

58 2014 Executive Vice President, Chief Operating Officer - International Businesses

Stephen Pelletier

62 2014 Executive Vice President, Chief Operating Officer - U.S. Businesses

Scott Sleyster

56 2013 Senior Vice President, Chief Investment Officer

Barbara Koster

61 2011 Senior Vice President, Chief Information Officer

Nicholas Silitch

54 2012 Senior Vice President, Chief Risk Officer

Sharon Taylor

61 2002 Senior Vice President - Human Resources

Richard Lambert

59 2012 Senior Vice President, Chief Actuary

Karl Krapek

67 2014 Lead Independent Director

Thomas Baltimore

52 2008 Independent Director

Gilbert Casellas

63 2001 Independent Director

James Cullen

73 2014 Independent Director

Martina Hund-Mejean

56 2010 Independent Director

Peter Lighte

67 2016 Independent Director

George Paz

60 2016 Independent Director

Sandra Pianalto

61 2015 Independent Director

Christine Poon

64 2006 Independent Director

Douglas Scovanner

60 2013 Independent Director

Michael Todman

58 2016 Independent Director

Biographies

Name Description

John Strangfeld

Mr. John R. Strangfeld is the Chairman of the Board, President, Chief Executive Officer of Prudential Financial, Inc. Mr. Strangfeld has served as CEO and President of Prudential Financial since January 2008 and Chairman of the Board since May 2008. Mr. Strangfeld is a member of the Office of the Chairman of Prudential Financial and served as Vice Chairman of Prudential Financial from 2002 through 2007, overseeing the U.S. Insurance and Investment divisions. Prior to his position as Vice Chairman, Mr. Strangfeld held a variety of senior investment positions at Prudential, both within the U.S. and abroad.

Mark Grier

Mr. Mark B. Grier is the Vice Chairman of the Board of Prudential Financial, Inc. Mr. Grier has served as Vice Chairman since 2007 and a member of the Office of the Chairman of Prudential Financial since August 2002. From April 2007 through January 2008, he served as Vice Chairman overseeing the International Insurance and Investments division and Global Marketing and Communications. Mr. Grier was Chief Financial Officer (CFO) of Prudential Insurance from 1995 to 1997 and has served in various executive roles. Prior to joining Prudential, Mr. Grier was an executive with Chase Manhattan Corporation.

Robert Falzon

Mr. Robert M. Falzon is the Chief Financial Officer, Executive Vice President of the Company. He was elected Executive Vice President and Chief Financial Officer of Prudential Financial and Prudential Insurance in March 2013. Mr. Falzon has been with Prudential since 1983, serving in various positions. He served as Senior Vice President and Treasurer of Prudential Insurance and Prudential Financial from 2010 to 2013. Previously he had been a managing director at Prudential Real Estate Investors (“PREI”), head of PREI’s Global Merchant Banking Group and CEO of its European business; a managing director at Prudential Securities; and regional vice president at Prudential Capital Group.

Timothy Harris

Mr. Timothy P. Harris has been appointed as Executive Vice President, General Counsel of the Company, effective October 1, 2015. He served as the Deputy General Counsel and Chief Legal Officer, U.S. Businesses, from 2008 to 2015. He has served in various supervisory positions since 1999, including Chief Investment Counsel from 2005 through 2008, Chief Legal Officer of Prudential Annuities and Chief Legal Officer for Retirement Services and Prudential Asia. Mr. Harris was the Chief Risk Officer for Prudential Investments from 1999 to 2003. Prior to joining Prudential, he was associated with Cadwalader, Wickersham & Taft in New York, where he provided transactional and regulatory advice to investment banks, broker-dealers, banks and commodities firms.

Charles Lowrey

Mr. Charles F. Lowrey is the Executive Vice President, Chief Operating Officer - International Businesses of the Company, effective April 4, 2014. He was elected Executive Vice President and Chief Operating Officer, International Businesses, of Prudential Financial and Prudential Insurance . He served as Executive Vice President and Chief Operating Officer, U.S. Businesses, of Prudential Financial and Prudential Insurance from February 2011 to March 2014. He also served as Chief Executive Officer and President of Prudential Investment Management, Inc. from January 2008 to February 2011; and as Chief Executive Officer of Prudential Real Estate Investors, our real estate investment management and advisory business from February 2002 to January 2008. He joined the Company in March 2001, after serving as a managing director and head of the Americas for J.P. Morgan’s Real Estate and Lodging Investment Banking group, where he began his investment banking career in 1988. He also spent four years as a managing partner of an architecture and development firm he founded in New York City.

Stephen Pelletier

Mr. Stephen P. Pelletier is the Executive Vice President, Chief Operating Officer - U.S. Businesses of the Company. since March 2014. He served as the Chief Executive Officer of Prudential Group Insurance from July of 2013 to March of 2014. Mr. Pelletier has been with Prudential since 1992, serving in various positions including President of Prudential Annuities and Chairman and CEO of Prudential International Investments. He received a B.A. from Northwestern University and an M.A. from Yale University.

Scott Sleyster

Mr. Scott G. Sleyster is the Senior Vice President, Chief Investment Officer of the Company. Mr. Sleyster was elected Senior Vice President and Chief Investment Officer of Prudential Insurance and Prudential Financial in May 2012 and February 2013, respectively. Mr. Sleyster has been with Prudential since 1987, serving in a variety of positions, including head of Prudential’s Full Service Retirement business, president of Prudential’s Guaranteed Products business, chief financial officer for Prudential’s Employee Benefits Division, and has held roles in Prudential’s Treasury, Derivatives and Investment Management units.

Barbara Koster

Ms. Barbara G. Koster is Senior Vice President, Chief Information Officer of the Company. She was elected Senior Vice President, Operations and Systems, of Prudential Financial in May 2011 and has been a Senior Vice President of Prudential Insurance Company of America since February 2004. Ms. Koster joined Prudential in November 1995 as the Vice President and Chief Information Officer of Individual Life Insurance Systems and was appointed as the Chief Information Officer of Prudential in 2004. Prior to joining Prudential, Ms. Koster held several positions with Chase Manhattan Bank, including that of President of Chase Access Services.

Nicholas Silitch

Mr. Nicholas C. Silitch is the Senior Vice President, Chief Risk Officer of the Company. Mr. Silitch was elected Senior Vice President and Chief Risk Officer of Prudential Financial and Prudential Insurance in May 2012. He joined Prudential in 2010 as Chief Credit Officer and head of investment risk management. Prior to joining Prudential, Mr. Silitch held the position of Chief Risk Officer of the Alternative Investment Services, Broker Dealer Services and Pershing businesses within Bank of New York Mellon.

Sharon Taylor

Ms. Sharon C. Taylor is the Senior Vice President - Human Resources of the Company. She also serves as Senior Vice President, Human Resources for Prudential Insurance and the Chair of The Prudential Foundation. Ms. Taylor has been with Prudential since 1976, serving in various human resources and general management positions, including Vice President of Human Resources Communities of Practice, from 2000 to 2002; Vice President, Human Resources & Ethics Officer, Individual Financial Services, from 1998 to 2000; Vice President, Staffing and Employee Relations from 1996 to 1998; Management Internal Control Officer from 1994 to 1996; and Vice President, Human Resources and Administration from 1993 to 1994.

Richard Lambert

Mr. Richard F. Lambert is the Senior Vice President, Chief Actuary of the Company. Mr. Lambert was elected Senior Vice President and Chief Actuary of Prudential Financial and Prudential Insurance in May 2012. Mr. Lambert has been with Prudential since 1978, serving in various positions including Vice President and Actuary in Prudential’s domestic individual life insurance business from 1996 to 2004 and Senior Vice President and Chief Actuary of Prudential’s International Insurance division from 2004 to 2012.

Karl Krapek

Mr. Karl J. Krapek is Lead Independent Director of Prudential Financial, Inc. Mr. Krapek served as the President and COO of United Technologies Corporation (UTC) from 1999 until his retirement in January 2002. Prior to that time, Mr. Krapek held other management positions at UTC, which he joined in 1982. Mr. Krapek is also the co-founder of The Keystone Companies, which was founded in 2002 and develops residential and commercial real estate.

Thomas Baltimore

Mr. Thomas J. Baltimore, Jr., is an Independent Director of Prudential Financial, Inc. Mr. Baltimore has been the President and Chief Executive Officer (CEO) of RLJ Lodging Trust (a NYSE-listed real estate investment company) since May 2011. Previously, he served as Co-Founder and President of RLJ Development, LLC (RLJ Lodging’s predecessor company) from 2000 to May 2011. He served as VP, Gaming Acquisitions, of Hilton Hotels Corporation from 1997 to 1998 and later as VP, Development and Finance, from 1999 to 2000. He also served in various management positions with Host Marriott Services, including VP, Business Development, from 1994 to 1996.

Gilbert Casellas

Mr. Gilbert F. Casellas is Independent Director of Prudential Financial, Inc. Mr. Casellas has been Chairman of OMNITRU (a consulting and investment firm) since 2011. He was the VP, Corporate Responsibility of Dell Inc. (a global computer manufacturer) from 2007 to 2010. He served as a Member of Mintz Levin Cohn Ferris Glovsky & Popeo, PC from June 2005 to October 2007. He served as President of Casellas & Associates, LLC (a consulting firm) from 2001 to 2005. During 2001, he served as President and CEO of Q-linx, Inc. He served as the President and COO of The Swarthmore Group, Inc. from January 1999 to December 2000. Mr. Casellas served as Chairman, U.S. EEOC from 1994 to 1998, and General Counsel, U.S. Department of the Air Force, from 1993 to 1994.

James Cullen

Mr. James G. Cullen is the Independent Director of Prudential Financial, Inc. Mr. Cullen served as the President and Chief Operating Officer (COO) of Bell Atlantic Corporation from December 1998 until his retirement in June 2000. Mr. Cullen was the President and CEO, Telecom Group of Bell Atlantic Corporation from 1997 to 1998 and served as Vice Chairman of Bell Atlantic Corporation from 1995 to 1997. Mr. Cullen has also served as the Non-Executive Chairman of the Board of NeuStar, Inc. since November 2010 and Non-Executive Chairman of the Board of Agilent Technologies, Inc. since March 2005.

Martina Hund-Mejean

Ms. Martina T. Hund-Mejean is Independent Director of Prudential Financial, Inc. Ms. Hund-Mejean has served as the CFO and a member of the Executive Committee at MasterCard Worldwide (a global transaction processing and consulting services company) since 2007. Ms. Hund-Mejean served as Senior Vice President (SVP) and Corporate Treasurer at Tyco International Ltd. from 2003 to 2007; SVP and Treasurer at Lucent Technologies from 2000 to 2002; and held management positions at General Motors Company from 1988 to 2000. Ms. Hund-Mejean began her career as a credit analyst at Dow Chemical in Frankfurt, Germany.

Peter Lighte

Mr. Peter Rupert Lighte is Independent Director of Prudential Financial, Inc. From 2010 to 2014, Lighte served as vice chairman of the J.P. Morgan Corporate Bank, China, and was the founding chairman of the JPMorgan Chase Bank, China, from 2007 to 2010. Prior to that, he headed the company’s International Client Coverage for Treasury and Securities Services for Europe, and was instrumental in reestablishing its corporate bank in London. Lighte also served as president of Chase Trust Bank in Tokyo and as a director of Manufacturers Hanover Limited in London, where he covered the Far East and Australia. He was also the founding representative in Beijing of Manufacturers Hanover Trust Company. Lighte holds a PhD. in East Asian studies from Princeton University, where he is on the governing board of the Association of Graduate Alumni, and a Bachelor of Arts degree from the Elliott School of International Affairs at George Washington University, where he is a member of their board of advisors. He also serves on the boards of two non-profit organizations, the Council on International Educational Exchange, and Half The Sky Foundation. In addition, Lighte has taught Asian history and philosophy at a number of colleges, including Middlebury College and the University of Santa Clara.

George Paz

Mr. George Paz is Independent Director of Prudential Financial, Inc. Mr. Paz joined Express Scripts in 1998 as senior vice president and chief financial officer, becoming president in 2003. In 2005, he was named CEO and in 2006 was elected chairman of the board. Under his oversight, Express Scripts completed a number of strategic acquisitions that accelerated its growth significantly, and the company is now the nation’s leading pharmacy benefit manager. Paz will retire as CEO of Express Scripts in May 2016, remaining its non-executive chairman. Before joining Express Scripts, Paz was a partner at Coopers and Lybrand, LLP, where he led the firm’s insurance practice. From 1993 to 1995, he served as executive vice president and chief financial officer for Life Partners Group, where he was responsible for a variety of functions, including financial reporting, actuarial valuations, shareholder relations, and state insurance and agency relationships. In 2012, Paz was appointed to a three-year term on the board of directors of the Federal Reserve Bank of St. Louis, and served as its chairman in 2015. Since 2008, he has served on the board of directors of Honeywell, Inc., where he chairs the Audit Committee and is a member of the Corporate Governance and Responsibility Committee. Paz holds a Bachelor of Science degree in business administration and accounting from the University of Missouri- St. Louis. He is a certified public accountant and a member of the American Institute of Certified Public Accountants.

Sandra Pianalto

Ms. Sandra Pianalto is an Independent Director of the Company., effective July 1, 2015. Ms. Pianalto served as the President and CEO of the Federal Reserve Bank of Cleveland (the Cleveland Fed) from February 2003 until her retirement in May 2014. She was the First Vice President and COO of the Cleveland Fed from 1993 to 2003 and served as its VP and Secretary to the Board of Directors from 1988 to 1993. Ms. Pianalto also served in various supervisory roles at the Cleveland Fed from 1983 to 1988. Prior to joining the Cleveland Fed, Ms. Pianalto was an economist at the Board of Governors of the Federal Reserve System and served on the staff of the Budget Committee of the US House of Representatives.

Christine Poon

Ms. Christine A. Poon is Independent Director of Prudential Financial, Inc. Ms. Poon served as Dean of Fisher College of Business at The Ohio State University from May 2009 until November 2014 and is now a member of the faculty. She served as Vice Chairman and a member of the Board of Directors of Johnson & Johnson from 2005 until her retirement in March 2009. Ms. Poon joined Johnson & Johnson in 2000 as Company Group Chair in the Pharmaceuticals Group. She became a Member of Johnson & Johnson’s Executive Committee and Worldwide Chair, Pharmaceuticals Group, in 2001, and served as Worldwide Chair, Medicines and Nutritionals from 2003 to 2005. Prior to joining Johnson & Johnson, she served in various management positions at Bristol-Myers Squibb for 15 years.

Douglas Scovanner

Mr. Douglas A. Scovanner is Independent Director of Prudential Financial, Inc. Mr. Scovanner has been the Founder and Managing Member of Comprehensive Financial Strategies, LLC, a management consulting firm, since October 2013. Previously, he served as the CFO (1994 to 2012) and Executive Vice President (2000 to 2012) of the Target Corporation (a North American retailer). Prior to joining the Target Corporation, Mr. Scovanner held various management positions at The Fleming Companies, Inc., Coca-Cola Enterprises, Inc., The Coca-Cola Company and the Ford Motor Company from 1979 to 1994.

Michael Todman

Mr. Michael A. Todman is Independent Director of Prudential Financial, Inc. Mr. Todman served as Vice Chairman of the Whirlpool Corporation (Whirlpool), a global manufacturer of home appliances, from November 2014 to December 2015. Mr. Todman previously served as President of Whirlpool International from 2006 to 2007 and 2010 to 2014, as well as President, Whirlpool North America from 2007 to 2010. Mr. Todman held several senior positions including Executive Vice President and President of Whirlpool Europe from 2001 to 2005 and Executive Vice President, Whirlpool North America, in 2001. Prior to joining Whirlpool, Mr. Todman served in a variety of leadership positions at Wang Laboratories Inc. and Price Waterhouse and Co.