secwatch.observer — SEC 8-K summary
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Issuer:     PRUDENTIAL FINANCIAL INC (PRU)
CIK:        0001137774
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001193125-22-270735
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prudential Financial announces leadership succession; Sleyster to retire, Sullivan and Feeney promoted
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- Scott Sleyster to retire as EVP & head of International Businesses on April 28, 2023 after 35 years.
- Andy Sullivan becomes EVP, head of International Businesses and PGIM effective Jan. 1, 2023.
- Caroline Feeney promoted to EVP & head of U.S. Businesses, joining executive leadership team Jan. 1, 2023.
- Sullivan's new compensation: salary $750k, target annual incentive $2.25M, target LTI $5M (total $8M).
- Sleyster will receive retirement benefits as described in the 2022 Proxy Statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137774/000119312522270735/0001193125-22-270735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137774/000119312522270735/d377568d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-270735

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer