Craig Smith, CEO of Jackson's PPM America, to retire Dec 31; Chris Raub interim

Jackson Financial Inc.

Craig Smith, President and CEO of PPM America, intends to retire effective Dec 31, 2025 after nearly 20 years.
Chris Raub, President of Jackson National Life Insurance, will serve as interim leader of PPM following Smith's retirement.
A search for a permanent successor is underway; Raub retains his current JNLIC responsibilities.
Marcia Wadsten, former CFO of Jackson, retired Sep 26, 2025; entered retirement agreement for LTIP awards.

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