Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

July 24, 2017

Prudential Retirement names new leaders to oversee Full Service and Sales

NEWARK, N.J., July 24, 2017 - Prudential Retirement has named Harry Dalessio head of its Full Service Solutions group, which provides defined contribution, defined benefit and non-qualified retirement plan solutions to public, private and nonprofit organizations.
July 20, 2017

Prudential places customers at its structural core; announces new leadership architecture for U.S. businesses

NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.

July 19, 2017

Industrial projects key focus as PGIM Real Estate Finance generates $1.2 billion in transactions for first half of 2017

NEWARK, N.J., July 19, 2017 - PGIM Real Estate Finance, long attracted to the industrial sector, has closed more than $1.2 billion in commercial mortgage loans within the sector through the first half of 2017 as e-commerce continues to drive industrial development. The loans include transactions in the U.S., the U.K. and Australia, representing about a third of the company’s originations through June 30.

July 18, 2017

Prudential Financial, Inc., and CT Corp create life insurance joint venture in Indonesia

JAKARTA, July 18, 2017CT Corp and Prudential Financial, Inc. (NYSE: PRU), have created a joint venture to provide life insurance solutions to a broad spectrum of people in Indonesia through a multi-channel distribution strategy, the companies announced today. Under the recently closed agreement, which has been approved by OJK regulators in Indonesia, Prudential’s Pruco Life Insurance Company has acquired a 49 percent interest in CT Corp’s wholly-owned life insurance subsidiary, PT Asuransi Jiwa Mega Indonesia.

July 17, 2017

Nathan Sheets joins PGIM Fixed Income as chief economist

NEWARK, N.J., July 17, 2017 - Nathan Sheets has joined PGIM Fixed Income as chief economist and head of Global Macroeconomic Research. With $654 billion in assets under management as of March 31, 2017, PGIM Fixed Income is among the largest global fixed income managers. PGIM Fixed Income is a business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).

June 30, 2017

Prudential releases sustainability report; details support for long-term success

NEWARK, N.J., June 30, 2017 - Prudential Financial, Inc. (NYSE: PRU), released its 2016 sustainability report, detailing how the company supports its four building blocks of long-term vitality: customer focus, responsible impact, talent focus and financial strength.

June 27, 2017

Prudential Financial to Announce Second Quarter 2017 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 27, 2017-- Prudential Financial, Inc. (NYSE:PRU) will release its second quarter 2017 earnings on Wednesday, August 2, 2017, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, August 3, 2017, at 11:00 a.m. ET, to discuss with the investment community the company's second quarter results. Conference Call Information The conference call will be broadcast liv...
June 27, 2017

Prudential Financial to Announce Second Quarter 2017 Earnings; Schedules Conference Call

NEWARK, N.J., June 27, 2017 - Prudential Financial, Inc. (NYSE:PRU) will release its second quarter 2017 earnings on Wednesday, August 2, 2017, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.

June 26, 2017

The Hartford entrusts Prudential with $1.6 billion in pension obligations for 16,000 former U.S. employees

NEWARK, N.J., June 26, 2017 - The Hartford has agreed to settle $1.6 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, the company announced today. The agreement transfers responsibility for paying the pension benefits of approximately 16,000 of The Hartford’s retirees and former U.S. employees, as well as their beneficiaries. The transaction represents approximately 29 percent of The Hartford’s pension obligations.

June 22, 2017

Prudential: public service employee pensions only a step to retirement security, survey says

NEWARK, N.J., June 22, 2017 - Despite a persistent belief that public employees such as teachers, police and firefighters will be taken care of in retirement thanks to the pension plans of old, a survey sponsored by Prudential Retirement shows that today’s shifting political and economic landscape may have left them and their employers on shaky ground.