Prudential shakes up US & international leadership following departure

Insurance group  Prudential Financial has shuffled its top leadership following the departure of a 35-year company veteran. New appointments take effect January 1, 2023.

Andy Sullivan(Pictured Left), currently head of US businesses, will become head of international businesses and PGIM, Prudential’s global investment manager.

Caroline Feeney(Pictured Right), currently president and CEO of US retirement & insurance businesses, will be promoted to executive vice president and head of US businesses. In addition, she will take over as chair of the board of PruVen Capital, an independently managed venture fund backed by Prudential.

Both Sullivan and Feeney will report directly to chairman and CEO Charles Lowrey.

The leadership changes come as Scott Sleyster, executive vice president and head of international businesses, has decided to retire from Prudential during the first quarter of 2023, following a 35-year career with the company.

Prior to leading the international businesses, Sleyster held senior roles in Prudential’s treasury, retirement, and investment management units, and served as chief investment officer.

“Scott has been a respected voice in our industry for many years, an influential leader at Prudential, and a valued member of our Executive Leadership Team. We are grateful for his service and wish him a long and happy retirement,” said Lowrey.

“The appointments of Andy and Caroline will ensure continuity in our leadership, while providing an opportunity for two of our most talented leaders to have an even greater impact on Prudential’s growth ambitions, as we work to realize our vision of becoming a global leader in investing, insurance, and retirement security,” he added.

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