Prudential Financial Management

Management criteria checks 3/4

Prudential Financial's CEO is Charlie Lowrey, appointed in Dec 2018, has a tenure of 5.42 years. total yearly compensation is $19.21M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth R$104.42M. The average tenure of the management team and the board of directors is 4.6 years and 8.5 years respectively.

Key information

Charlie Lowrey

Chief executive officer

US$19.2m

Total compensation

CEO salary percentage	6.8%
CEO tenure	5.4yrs
CEO ownership	0.05%
Management average tenure	4.6yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charlie Lowrey's remuneration changed compared to Prudential Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$19m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$481m
Dec 31 2022	US$20m	US$1m	-US$2b
Sep 30 2022	n/a	n/a	-US$422m
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$20m	US$1m	US$9b
Sep 30 2021	n/a	n/a	US$7b
Jun 30 2021	n/a	n/a	US$7b
Mar 31 2021	n/a	n/a	US$3b
Dec 31 2020	US$15m	US$1m	-US$395m
Sep 30 2020	n/a	n/a	-US$94m
Jun 30 2020	n/a	n/a	-US$160m
Mar 31 2020	n/a	n/a	US$3b
Dec 31 2019	US$15m	US$1m	US$4b
Sep 30 2019	n/a	n/a	US$4b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$4b
Dec 31 2018	US$10m	US$795k	US$4b
Sep 30 2018	n/a	n/a	US$7b
Jun 30 2018	n/a	n/a	US$7b
Mar 31 2018	n/a	n/a	US$8b
Dec 31 2017	US$12m	US$770k	US$8b

Compensation vs Market: Charlie's total compensation ($USD19.21M) is above average for companies of similar size in the BR market ($USD5.86M).

Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.

CEO

Charlie Lowrey (65 yo)

5.4yrs

Tenure

US$19,213,328

Compensation

Mr. Charles Frederick Lowrey, Jr., also known as Charlie, has been Chief Executive Officer, President and Director of Prudential Financial, Inc. since December 01, 2018 and has been its Chairman of the Boa...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Charles Lowrey	Chairman	5.4yrs	US$19.21m	0.050% $ 104.4m
Robert Falzon	Executive Vice Chairman	4.8yrs	US$16.38m	0.056% $ 117.8m
Caroline Feeney	Executive VP & Head of U.S. Businesses	5.9yrs	US$6.98m	0.0053% $ 11.2m
Kenneth Tanji	Executive Officer	less than a year	US$7.02m	0.0067% $ 14.0m
Andrew Sullivan	Executive VP and Head of International Businesses & PGIM	4.4yrs	US$8.42m	0.0039% $ 8.2m
Yanela del Frias	Executive VP & CFO	less than a year	no data	0.0039% $ 8.2m
Timothy Schmidt	Senior VP & Chief Investment Officer	5.4yrs	no data	0.0045% $ 9.5m
Robert Axel	Senior VP	10.2yrs	no data	0.0026% $ 5.4m
Stacey Goodman	Chief Information Officer & Executive VP	4.8yrs	no data	0.0067% $ 14.0m
Darin Arita	Senior VP and Head of Investor Relations	no data	no data	no data
Ann Kappler	Executive VP	3.7yrs	no data	0.0051% $ 10.6m
Todd Shriber	Vice President of Life Distribution and Sales	no data	no data	no data

4.6yrs

Average Tenure

60yo

Average Age

Experienced Management: P1DT34's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charles Lowrey	Chairman	5.4yrs	US$19.21m	0.050% $ 104.4m
Robert Falzon	Executive Vice Chairman	4.8yrs	US$16.38m	0.056% $ 117.8m
Christine Poon	Independent Director	17.7yrs	US$337.75k	0.0032% $ 6.7m
Douglas Scovanner	Independent Director	10.5yrs	US$328.33k	0.0054% $ 11.4m
Gilbert Casellas	Independent Director	23.3yrs	US$326.35k	0.00014% $ 293.0k
Michael Todman	Lead Independent Director	8.2yrs	US$361.99k	0.00093% $ 1.9m
Martina Therese Hund-Mejean	Independent Director	13.6yrs	US$340.00k	0.000040% $ 83.7k
Kathleen Murphy	Independent Director	less than a year	US$195.66k	no data
Sandra Pianalto	Independent Director	8.8yrs	US$308.75k	0.00013% $ 272.1k
Wendy Jones	Independent Director	3.3yrs	US$300.00k	0.00028% $ 586.0k

8.5yrs

Average Tenure

65yo

Average Age

Experienced Board: P1DT34's board of directors are considered experienced (8.5 years average tenure).

Prudential Financial Management

Management criteria checks 3/4

Key information

Recent management updates

Prudential Financial, Inc., Annual General Meeting, May 14, 2024

Prudential Financial, Inc. Announces Executive Changes

Prudential Financial, Inc. Announces CFO Changes

Prudential Financial, Inc. Elects Kathleen Murphy to Board of Directors, Effective September 11, 2023

Prudential Financial, Inc. Announces Executive Appointments

Prudential Financial, Inc. Announces Resignation of Thomas J. Baltimore as A Member of the Board of Directors, Effective from March 14, 2023

Recent updates

Grupo ST S.A. entered into an agreement to acquire Prudential Seguros, S.A. from Prudential Financial, Inc. (NYSE:PRU).

Prudential Financial, Inc., Annual General Meeting, May 14, 2024

Prudential Financial, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Prudential Financial, Inc. Announces Executive Changes

Prudential Financial, Inc. Announces CFO Changes

Prudential Financial, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Prudential Financial, Inc. (NYSE:PRU) announces an Equity Buyback for $1,000 million worth of its shares.

Wood Partners and PGIM Real Estate Unveils Grand Opening of Exceptional New Residential Community in Raleigh

Prudential Financial Declares Quarterly Dividend, Payable on December 14, 2023

PGIM, Global Investment Management Business of Prudential Financial, Inc., Announces Enhancements to Target Date Funds

Prudential Financial, Inc. Elects Kathleen Murphy to Board of Directors, Effective September 11, 2023

Prudential Financial, Inc. Declares Quarterly Dividend, Payable on September 14, 2023

Prudential Financial, Inc. Announces Executive Appointments

Saybrus Partners, Inc. entered into an agreement to acquire Prudential Life Distributors from Prudential Financial, Inc. (NYSE:PRU).

Prudential Financial, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 15, 2023

Prudential Financial, Inc. Announces Resignation of Thomas J. Baltimore as A Member of the Board of Directors, Effective from March 14, 2023

Prudential Financial, Inc. (NYSE:PRU) announces an Equity Buyback for $1,000 million worth of its shares.

PGIM Investments Launches Growth, Value and Multi-Asset ETFs

Prudential Financial, Inc. Launches FlexGuard Life, Next-Generation Life Insurance Product That Goes Beyond Death Benefits

Prudential Financial, Inc. Declares Quarterly Dividend, Payable on December 15, 2022

Prudential Financial, Inc. to Report Q1, 2023 Results on May 02, 2023

Prudential Financial, Inc. Announces Executive Changes

Prudential Financial, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 15, 2022

Prudential Financial, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 16, 2022

Prudential Financial, Inc. Declares Quarterly Dividend, Payable on March 11, 2022

Taishin Financial Holding Co., Ltd. (TWSE:2887) completed the acquisition of Prudential Life Insurance Company of Taiwan Inc. from Prudential Financial, Inc. (NYSE:PRU)

Prudential Financial, Inc. launches FlexGuard Income

UBS, DWS Reportedly Line Up Final Bids for NN's $1.9 Billion Asset Manager

Prudential Financial Declares Quarterly Dividend on Common Stock, Payable on June 17, 2021

Prudential Adds Wellthy to its Financial Wellness Portfolio

Prudential to Launch New Managed Advice Platform

Prudential Financial, Inc. Appoints Caroline Feeney as CEO of its U.S. Insurance & Retirement Businesses

Prudential Financial, Inc. Partners with US Department of Veterans Affairs to Support Military Community’s Financial Well-Being

Prudential Financial, Inc. Elects Wendy Jones as an Independent Director and to the Audit Committee, Effective January 4, 2021

Prudential Financial, Inc. to Report Q3, 2021 Results on Nov 02, 2021

International Business Machines Corporation (NYSE:IBM) completed the acquisition of Red Hat, Inc. (NYSE:RHT) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Prudential Financial, Inc. (NYSE:PRU), T. Rowe Price Associates, Inc., FMR LLC, Greylock Partners and others.

Prudential Financial, Inc. Names Susan Somersille Johnson as Chief Marketing Officer

Prudential Financial, Inc. (NYSE:PRU) completed the acquisition of Assurance IQ, Inc.

Taishin Financial Holding Co., Ltd. (TSEC:2887) agreed to acquire Prudential Life Insurance Company of Taiwan Inc. from Prudential Financial, Inc. (NYSE:PRU) for TWD 5.5 billion.

A fund, managed by Zurich Alternative Asset Management, LLC acquired 59,694 square feet of retail space at the ground floor of Plaza San Remo, at 6705 Red Road from Prudential Financial, Inc. (NYSE:PRU) for $46.8 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age