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03.12.25 - 14:36
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Prudential Financial Announces Matt Armas as Chief Investment Officer (Business Wire)
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NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it has appointed Matthew (Matt) Armas senior vice president and chief investment officer, effective March 12, 2026.
Armas joins Prudential from Goldman Sachs Asset Management, where he served as global co-head of insurance. In that role, Matt advised Goldman Sachs' global insurance clients on portfolio construction across public and private markets, with a focus on delivering long-term value through disciplined investing.
Armas will succeed Timothy L. Schmidt, who will retire in 2026 after 16 years with the firm. Schmidt will stay on in an advisory capacity through Aug. 31 to ensure a smooth leadership transition.
“On behalf of the entire Prudential team, I want to thank Tim for the legacy of strength he leaves in place for Matt and our General Account. That legacy positions us well as we sharpen our focus on delivering profitable, long-term growth over time,” said Andrew Sullivan, Prudential Financial's chief...
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03.12.25 - 12:03
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Prudential Advisors Connect mobile app launches, bringing advisor productivity tools to iOS devices, further enhancing the advisor experience (PR Newswire)
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New app, with AI integration, marks the next phase of Prudential Advisors Connect, the award-nominated platform NEWARK, N.J., Dec. 3, 2025 /PRNewswire/ -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE: PRU), with more than 3,000 financial advisors and fee-based......
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18.11.25 - 14:06
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Prismic Life Announces Close of US$1.3B Capital Raise (Business Wire)
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HAMILTON, Bermuda--(BUSINESS WIRE)--Prismic Life Holding Company, LP (Prismic) today announced the successful completion of its third capital raise of US$1.3 billion. Prismic is sponsored by Prudential Financial, Inc. (NYSE: PRU) (PFI) and Warburg Pincus, global leaders in insurance and investment management. Prismic has been supported by a global consortium of world-class investors who participated in the capital raise. The capital will provide additional capacity for Prismic to grow its reinsurance platform.
Prismic is a Bermuda-exempted limited partnership and the holding company of Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd., each a licensed Class E Bermuda-based life and annuity reinsurance company. Prismic has previously raised over US$1.5 billion in capital to support the reinsurance of approximately US$17 billion of PFI's U.S. and Japanese liabilities.
Prismic Group Chair and CEO Nandini Mongia commented, “Prismic provides investors with the opportunity to ga...
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17.11.25 - 22:06
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Prudential Financial Announces Tina Madon as Global Head of Investor Relations (Business Wire)
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NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the appointment of Tina Madon as global head of investor relations.
In this role, Madon will lead Prudential's engagement with the investor community, partnering closely with its global leadership team to articulate Prudential's evolution to a higher-growth company. Madon begins Dec. 1 and will report to Executive Vice President and Chief Financial Officer Yanela Frias.
Madon joins Prudential from Lincoln Financial, where as head of investor relations she led a strategy to reposition Lincoln's shareholder base and enhance analyst coverage, and worked closely with Lincoln's executive leadership team to introduce new financial targets, a simplified investor narrative and greater transparency around earnings performance and disclosures.
“Tina is a seasoned investor relations leader and innovator, with a strong track record for engaging investors in ways that foster greater understanding, clarity and appreciation for s...
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04.11.25 - 22:21
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Prudential Financial Declares Quarterly Dividend on Common Stock (Business Wire)
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NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.35 per share of Common Stock, payable on December 11, 2025, to shareholders of record at the close of business on November 18, 2025.
About Prudential Financial
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of September 30, 2025, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for 150 years. For more information, please visit news.prudential.com.
Contacts
Prudential Media Contact: Emily Blum, emily.blum@prudential.com...
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