---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-269980"
form_type: "8-K"
ticker: "PRU"
cik: "0001137774"
company_name: "PRUDENTIAL FINANCIAL INC"
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T09:34:53.343403+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Prudential appoints Andrew Sullivan as CEO effective March 31, 2025; Lowrey becomes Executive Chairman

## Summary
- Andrew Sullivan, currently EVP International & Global Investment Mgmt, named CEO effective March 31, 2025.
- Charles Lowrey transitions to Executive Chairman for 18 months; target comp $6M (salary $1M, incentive $3M, LTI $2M).
- Caroline Feeney promoted to Global Head of Insurance and Retirement overseeing US & international businesses.
- Vice Chair Robert Falzon to retire effective July 11, 2025 after 42 years.
- Sullivan's target total compensation set at $18.8M ($1.2M salary, $13.2M LTI).

## SEC filing metadata
- accession: 0001193125-24-269980
- form_type: 8-K
- ticker: PRU
- cik: 0001137774
- company_name: PRUDENTIAL FINANCIAL INC
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137774/000119312524269980/0001193125-24-269980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137774/000119312524269980/d908564d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-269980
- JSON: https://secwatch.observer/filing/0001193125-24-269980.json
- Plain text: https://secwatch.observer/filing/0001193125-24-269980.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.