Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pru Drops the Name of its New CEO, More Personnel  Announcements Expected Not Rated 3.3 Email Routing List Email & Route  Print Print
Thursday, November 29, 2007

Pru Drops the Name of its New CEO, More Personnel Announcements Expected

Reported by Erin Kello

On the heels of the announcement that it had purchased part of Union Bank of California's retirement business, Prudential Financial has chosen new chief executive officer.

Pru's vice chairman of the investments division, John Strangfeld,53, will succeed chairman and CEO Arthur Ryan, who will retire as CEO at the end of 2007. Strangfeld will also become Chairman after Ryan retires from that position in May 2008.

“The Board’s decision to name John as the company’s new CEO and Chairman-elect represents the culmination of a thoughtful succession process that began nearly two years ago. He is an outstanding leader who has the qualities and skills necessary to ensure Prudential’s growth and success,” Ryan said in a release.

A successor for Strangfeld at the U.S. Investments division is yet to be determined, according to company spokesman, Bob DeFillippo. However, this and other management appointments are expected to be annouced as part of additional organizational changes in early January of next year, DeFillippo added.

Also elected to the board of directors is Mark Grier,55, currently vice chairman responsible for Prudential’s International businesses. He will assume the position as of January 1, 2008.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.3
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use