Prudential announces leadership realignment; Caroline Feeney to depart, Phil Waldeck named head of US Businesses

PRUDENTIAL FINANCIAL INC

Caroline Feeney, EVP & Global Head of Retirement/Insurance, to depart by Feb 2, 2026 as role eliminated.
Phil Waldeck, head of PGIM Multi-Asset & Quantitative Solutions, appointed EVP head of US Businesses effective Feb 2, 2026.
US business heads, Emerging Markets, Japan Group, and PGIM presidents will now report directly to CEO Andy Sullivan.
Reorganization aims to streamline operations, sharpen focus on growth, and improve accountability.
Waldeck previously served as chief transformation officer and president of Retirement.

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