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Prudential Chairman and CEO John Strangfeld elected co-chair of NJPAC board of directorsPrudential Chairman and CEO John Strangfeld was elected co-chair of the board of directors for the New Jersey Performing Arts Center, one of the largest performing arts centers in the United States."John Strangfeld has been an active and dedicated member of the NJPAC board of directors since December 2009 and of its Executive Committee since 2010. His leadership and dedication to NJPAC’s mission and vision, and his deep engagement in our future have been inspirational to me," says NJPAC President and CEO John Schreiber. (more) |
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African American community a growing economic power but facing ongoing hurdles of debtThe African American Financial Experience is largely influenced by family, faith, early retirement and women playing a greater role in making decisions about money.Those are just a few key findings from Prudential’s 2013-14 "African American Financial Experience" study. Released Tuesday, the study is the second in a biennial series measuring financial trends and attitudes in the African American community. (more) |
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10 youth volunteers get top honors from Prudential's Spirit of Community Awards
When he was 5 years old, Louie McGee was diagnosed with a rare retinal ailment. "This disease steadily steals my vision," says Louie, now 12, of St. Paul, Minn. "Since there is no treatment or cure, it's very important that I work to raise money for science and research to preserve and restore my vision—and that of others.". (more) |
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Prudential is No. 2 on FORTUNE® magazine's 2013 World's Most Admired Companies list in the Life and Health categoryFORTUNE® magazine announced its 2013 World's Most Admired Companies® list on Feb. 28, and Prudential earned the No. 2 spot in the Insurance: Life, Health category."We're pleased to be recognized once again for this important distinction and to be among the leading Most Admired Companies in our industry," says Chief Communications Officer Bob DeFillippo. (more) |
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THOUGHT LEADER OF THE WEEK: MICHAEL MCROBERTS
The market for multifamily properties remains extremely strong for investors and owners, thanks to ongoing demand for rental apartments that is driving strong rent growth and low vacancies, says Michael McRoberts, who leads the conventional Fannie Mae and Freddie Mac lending business for Prudential Mortgage Capital Company. (more) |
Prudential In The News
Prudential News Releases
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17 June 2013MPREI signs agreement with TDIC to acquire first phase of Saadiyat Beach Residences on Abu Dhabi’s Saadiyat IslandABU DHABI, United Arab Emirates, June 17, 2013 - Mubadala Pramerica Real Estate Investors (MPREI) signed an agreement with Tourism Development & Investment Company (TDIC) of Abu Dhabi for the acquisition of Phase One of Saadiyat Beach Residences. (more) |
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17 June 2013Lori Dickerson Fouché joins Prudential Group Insurance as president and chief operating officerNEWARK, N.J., June 17, 2013 - Lori Dickerson Fouché has joined Prudential Financial, Inc. (NYSE:PRU) in the new role of president and chief operating officer of Prudential’s Group Insurance business. In this role, Fouché will have overall responsibility for the life, disability and voluntary product offerings, sales and account management, as well as service delivery and marketing. She will report to Stephen Pelletier, who has headed the business since 2012 as president and will become CEO, Prudential Group Insurance. (more) |
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11 June 2013Prudential Financial promotes Susan Blount to executive vice presidentNEWARK, N.J., June 11, 2013 - Prudential Financial, Inc. (NYSE:PRU) announced today that it has promoted Susan Blount to executive vice president. In this role, she will continue to oversee the company’s Law, Compliance, Business Ethics and External Affairs departments. Blount has served as senior vice president and general counsel at Prudential since 2005. In 2012, she was appointed to the company’s Office of the Chairman group. (more) |
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11 June 2013Prudential’s Board of Directors authorizes share repurchasesNEWARK, N.J., June 11, 2013 - Prudential Financial, Inc. (NYSE: PRU) today announced that its Board of Directors has authorized the repurchase of up to $1.0 billion of its outstanding Common Stock during the period from July 1, 2013 through June 30, 2014. (more) |
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10 June 2013PREI® adds Michael Gallagher as portfolio manager on REITS strategiesMADISON, N.J., June 10, 2013 - Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team, the company announced today. He has also been added as a manager on the Prudential Global Real Estate Fund (Class A: PURAX). PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU). (more) |
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