Andrew Sullivan has been named to succeed Stephen Pelletier as executive vice president and head of U.S. businesses at Prudential Financial, Inc., effective December 1.
Mr. Sullivan will report to Prudential's chair and chief executive officer, Charles Lowrey.
The company also announced other appointments, effective December 1, to its U.S. businesses executive team:
- Phil Waldeck, current president of Prudential's retirement operations, will succeed Mr. Sullivan as head of the workplace solutions group.
- Yanela Frias, current head of investment and pension solutions within the retirement business, will be elevated to president of Prudential's retirement business. She will be succeeded by Scott Gaul, current senior vice president for sales and strategic relationships at Prudential's retirement business.
- Dylan Tyson, current chief executive officer of Prudential of Taiwan, will become president of Prudential's annuities business.
Continuing in their current roles will be:
- David Hunt, president and chief executive officer of PGIM, Inc.
- Caroline Feeney, chief executive officer of Prudential's individual solutions group.
- Jamie Kalamarides, president of Prudential's group insurance business.
- Salene Hitchcock-Gear, president of individual life insurance and Prudential Advisors.
- Naveen Agarwal, senior vice president and chief marketing officer.
- Caroline Faulkner, senior vice president of Prudential's enabling solutions business.
Prudential added that Kent Sluyter, current president of Prudential's annuities business, will retire.
Mr. Pelletier will remain in an advisory role until April 1, 2020.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].