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Prudential Shuffles Leadership, Focuses On 'Financial Wellness'Prudential Shuffles Leadership, Focuses On 'Financial Wellness'

The retirement of two executives means changes for leadership in Prudential's annuities business and other divisions.

Samuel Steinberger, Senior Technology Editor

September 3, 2019

1 Min Read
Prudential
Copyright Chris Hondros, Getty Images

A number of executive moves were announced recently by Prudential Financial, including the promotion of Andrew Sullivan to excutive vice president and head of U.S. Businesses, following the retirement of Stephen Pelletier on Dec. 1.

Prudential’s president of Retirement and Pension Risk Transfer, Phil Waldeck, will be moving into Sullivan’s former role as head of the Workplace Solutions Group. The current president of Prudential Annuities, Kent Sluyter, is also retiring.

Prudential Retirement’s new president will be Yanela Frias, currently head of the Investment and Pension Solutions divisions within the business. Dylan Tyson is taking over as president of Prudential Annuities. 

The changes “accelerate the momentum that the existing U.S. leadership team has created over the past several years,” said Charles Lowrey, chairman and CEO of the firm. “Andy and his executive team will continue to bring a broader set of financial wellness solutions to more people in new ways.”

He said the firm’s strategy for expanding market reach is effective and continues to strengthen. 

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About the Author

Samuel Steinberger

Senior Technology Editor, WealthManagement.com

Samuel Steinberger is Senior Technology Editor for Informa Connect’s WealthManagement.com. In his role, Mr. Steinberger provides the publication’s wealth and financial technology coverage. 

Mr. Steinberger’s editorial insight and familiarity with technology accelerates Informa’s growth within the financial advisor and wealth management communities, providing in-depth news for advisors and financial professionals. 

Before joining Informa Connect, Mr. Steinberger produced documentaries with former CNN anchor Soledad O’Brien at Soledad O’Brien Productions (formerly Starfish Media Group). He specialized in research, shooting and editing, as well as finding distinct voices to explain topics like mental health, poverty and racial divide. 

Prior to joining Soledad O’Brien Productions, Mr. Steinberger managed multi-departmental technology projects for global legal technology leader Transperfect Legal Solutions. After obtaining his graduate degree in journalism from Columbia University, he completed his transition from technology management to media. 

Mr. Steinberger is an award-winning journalist, author and researcher who has written, edited and reported for a number of publications, including The New York Times, Financial PlanningAmerican Banker and PBS. He is founder of beverages publication Give Me Weird Drinks

Mr. Steinberger’s technology analysis and insight has been featured in several books on virtual and augmented reality. Mr. Steinberger has received awards and recognition for his reporting and research, including the American Business Media's prestigious Jesse H. Neal Award for editorial excellence.

Follow on Twitter: @slsteinberger