Prudential Financial Names Lowrey CEO, Falzon Vice Chairman
- CEO John Strangfeld to step down from that role in November
- Lowrey ran insurer’s international business since 2014
Charles Lowrey.
Source: Prudential Financial Inc.
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Prudential Financial Inc. said Charles Lowrey, who worked in most of the insurer’s major businesses before leading its international operation for the past four years, will succeed John Strangfeld as chief executive officer.
Strangfeld, 64, will step down from that role in November, the Newark, New Jersey-based insurer said Wednesday in a statement. Chief Financial Officer Robert Falzon was named vice chairman, and will take that position from Mark Grier in December. Lowrey, 60, will take the title of chairman in April 2019, while Falzon will become a director next August.