Prudential Financial

Board and Executive changes

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星期三, 十二月 20, 2023

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(“Grit” or the “Company” and, together with its subsidiaries, the "Group")

Key Points:

(“Grit” or the “Company” and, together with its subsidiaries, the "Group")
The board of Directors (the "Board") of Grit Real Estate Income Group Limited, a leading pan-African impact real estate company focused on investing in, developing and actively managing a diversified portfolio of assets underpinned by predominantly US$ and Euro denominated long-term leases with high quality multi-national tenants, today announces changes to the Board.
The Board is pleased to announce the appointment of Mr Nigel Nunoo as independent Non-Executive Director with effect from 19 December 2023.
Nigel is an experienced Global Senior Executive with 20+ years of tenure at Prudential Financial, Inc.
Leon van de Moortele, Executive Director and Chief Financial Officer of the Grit group, is taking a medical leave of absence.

AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries

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星期五, 十二月 15, 2023

Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group.

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Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group.
The outlook of these Credit Ratings (ratings) is stable.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Interface Elects Catherine Marcus to Board of Directors

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星期四, 十二月 7, 2023

Interface, Inc. (NASDAQ: TILE), the global flooring solutions company and leader in sustainability, has appointed Catherine Marcus to its Board of Directors.

Key Points:

Interface, Inc. (NASDAQ: TILE), the global flooring solutions company and leader in sustainability, has appointed Catherine Marcus to its Board of Directors.
She is also a member of the board of directors for Skanska AB (Nasdaq Stockholm: SKA B), the multinational construction company.
"Cathy is a visionary leader and brings invaluable strategic perspective and insight to Interface," said Laurel Hurd, CEO of Interface.
Interface's board now includes the following 10 directors:
Visit the Interface investor website at https://investors.interface.com for additional information.

Prudential Financial, Inc. to Participate in Goldman Sachs 2023 US Financial Services Conference; Live Webcast Available

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星期二, 十一月 28, 2023

Asset Management, Professional Services, Insurance, Finance, Interest, NYSE, Goldman Sachs, Prudential Financial, Conference, Prudential, PRU

Prudential Financial, Inc. (NYSE: PRU) will participate in the Goldman Sachs 2023 US Financial Services Conference on Tuesday, December 5, 2023.

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Prudential Financial, Inc. (NYSE: PRU) will participate in the Goldman Sachs 2023 US Financial Services Conference on Tuesday, December 5, 2023.
ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat.
Interested parties may listen to the presentation through a live audio webcast on Prudential Financial’s Investor Relations website at investor.prudential.com .
A replay will be available on the Investor Relations website through December 19, 2023.

PGIM Hires Sancia Dalley to Lead DEI Investment Strategies

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星期一, 十一月 20, 2023

PGIM , the $1.2 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has hired Sancia Dalley as a managing director in the PGIM Office of Diversity, Equity & Inclusion (DEI).

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PGIM , the $1.2 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has hired Sancia Dalley as a managing director in the PGIM Office of Diversity, Equity & Inclusion (DEI).
In this role, Dalley will oversee the DEI Investment Portfolio and HBCU Investment Strategy.
View the full release here: https://www.businesswire.com/news/home/20231120626805/en/
Sancia Dalley, Managing Director, DEI Investment Portfolio and HBCU Investment Strategy, PGIM (Photo: Business Wire)
Together with parent company Prudential, PGIM is committed to helping to close the racial wealth gap.
As a senior leader in the firm, Dalley will partner across PGIM and Prudential’s leadership and investment teams, as well as with industry partners, to advance both strategies.

Kimberly Adams to Join Clarion Partners as Managing Director

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星期二, 十一月 14, 2023

Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Partner, LaSalle Investment Management, Prudential Financial, JPMorgan Chase, Clarion Partners, Clarion

Clarion Partners, LLC, a leading real estate investment manager, announced today that Kimberly Adams will be joining the Firm’s senior leadership team as a Managing Director in early 2024.

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Clarion Partners, LLC, a leading real estate investment manager, announced today that Kimberly Adams will be joining the Firm’s senior leadership team as a Managing Director in early 2024.
Adams joins Clarion after more than 20 years with JPMorgan where, for the last 10 years, she led the portfolio management team of its $40B+ flagship real estate investment strategy.
Previously, Ms. Adams had been focused on asset management and acquisitions for JPMorgan, Prudential Real Estate, and LaSalle Investment Management.
“We are very pleased to have Kim join Clarion’s senior management team and add specific focus to investing in alternative property sectors,” commented Clarion CEO David Gilbert.

Chubb Appoints Federico Spagnoli to Lead Consumer Lines for its International General Insurance Operations

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星期二, 十二月 12, 2023

Prudential Financial, Spagnoli, Chartered Property Casualty Underwriter, Insurance, Postgraduate diploma, Federico, Chubb Limited, Region, AIG, Health, Chubb, MBA, University, Growth, CPCU, Airline

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations. He joins Chubb from Prudential Financial, where he served as Chief Executive Officer of Fully Ecosystem, a wellness fintech venture. In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.

Key Points:

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations.
In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.
Chubb's international consumer lines comprise a broad range of personal property and casualty insurance products as well as personal accident, supplemental health and travel insurance.
Spagnoli will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance.

Economy, Inflation Outrank Talent and Technology as Primary Risk for Global Business Leaders Next Year, Protiviti-NC State University Survey Finds

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星期四, 十二月 7, 2023

Enterprise risk management, Prudential Financial, Organization, ERM, Risk, Privacy, Culture, Artificial intelligence, North Carolina State University, University, Prudential, Management, Security, Video game, Risk management, Protiviti

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Economic pressures and persistent inflation have unseated the war for talent as the top near-term risk facing business leaders around the world, according to a new survey from Protiviti and NC State University's ERM Initiative. The survey measures the most pressing business risks over the next year as well as the next decade. Beyond the economy and talent market, business leaders are also increasingly concerned about cyber threats in both the near and long-term, with this risk ranking as the top concern of respondents over the next decade.

Key Points:

The survey measures the most pressing business risks over the next year as well as the next decade.
The 12th annual survey, "Executive Perspectives on Top Risks for 2024 and a Decade Later," was conducted by global consulting firm Protiviti and the NC State University Poole College of Management's Enterprise Risk Management (ERM) Initiative.
Continuing a trend highlighted by the last two years' survey s, finding and retaining talent while managing culture and workplace evolution remained a major concern.
Although not recorded as a top risk, geopolitical events had a significant ripple effect across the risk landscape.

Economy, Inflation Outrank Talent and Technology as Primary Risk for Global Business Leaders Next Year, Protiviti-NC State University Survey Finds

Retrieved on:

星期四, 十二月 7, 2023

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Economic pressures and persistent inflation have unseated the war for talent as the top near-term risk facing business leaders around the world, according to a new survey from Protiviti and NC State University's ERM Initiative. The survey measures the most pressing business risks over the next year as well as the next decade. Beyond the economy and talent market, business leaders are also increasingly concerned about cyber threats in both the near and long-term, with this risk ranking as the top concern of respondents over the next decade.

Key Points:

The survey measures the most pressing business risks over the next year as well as the next decade.
The 12th annual survey, "Executive Perspectives on Top Risks for 2024 and a Decade Later," was conducted by global consulting firm Protiviti and the NC State University Poole College of Management's Enterprise Risk Management (ERM) Initiative.
Continuing a trend highlighted by the last two years' survey s, finding and retaining talent while managing culture and workplace evolution remained a major concern.
Although not recorded as a top risk, geopolitical events had a significant ripple effect across the risk landscape.

'Newark Winter Village' Returns for Fourth Consecutive Year

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星期三, 十二月 6, 2023

The Sundays, Morgan family, Prudential Center, Prudential Financial, New Jersey Devils, Food, Admission, Igloo, Heart, Child, Quality of life, Ice skating, Jersey Devil, Amusement park

NEWARK, N.J., Dec. 6, 2023 /PRNewswire-PRWeb/ -- Newark Winter Village has returned to Mulberry Commons Park. The event will run through January 7 and features on-ice go-karting, an ice-skating rink, and carnival games. Visitors can also rent a heated private igloo and enjoy food from local vendors.

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"During the holiday season, Newark Winter Village has become a cornerstone of connectivity for our entire region.
We are proud and beyond thrilled to have Newark Winter Village and all of its incredible programming back again for a fourth consecutive year," said Newark Mayor Ras J. Baraka.
"We are thrilled that Newark Winter Village has returned for a fourth year.
We are proud and beyond thrilled to have Newark Winter Village and all of its incredible programming back again for a fourth consecutive year," said Newark Mayor Ras J. Baraka.