Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

September 11, 2017

George Patterson to join QMA, co-lead unified Global Equity Platform with Peter Xu

NEWARK, N.J., Sept. 11, 2017 George N. Patterson will join QMA’s investment team to co-lead a unified Global Equity Platform, aligning the firm’s U.S. Value, U.S. Core and Non-U.S. Core investment strategies under one leadership team. The new platform will allow QMA to refine and customize products in response to the needs of its global client base, consistent with its long-term, research-led investment philosophy.

September 08, 2017

Prudential Financial, Inc. to Participate in CECP's CEO Investor Forum; Live Webcast Available

NEWARK, N.J.--(BUSINESS WIRE)--Sep. 8, 2017-- Prudential Financial, Inc. (NYSE:PRU) will participate in CECP's Strategic Investor Initiative CEO Investor Forum in New York on Tuesday, September 19, 2017. On that day at approximately 9:25 a.m. (ET), Mark Grier, Vice Chairman, Prudential Financial, will discuss the company's long-term business strategies and purpose. Interested parties may listen to the presentation through a live audio webcast and view the presentation materials on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least fifteen minutes early to register as well ...
September 05, 2017

Prudential Short Duration High Yield Fund, Inc., and Prudential Global Short Duration High Yield Fund, Inc., appoint new directors

NEWARK, N.J., Sept. 5, 2017 – Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) announce the appointment of Barry H. Evans and Laurie Simon Hodrick to their board of directors. 

September 05, 2017

The Board of Directors of Prudential Funds adds two new independent directors to its open-end mutual fund board

NEWARK, N.J., Sept.5, 2017 – Barry H. Evans and Laurie Simon Hodrick have been named independent directors for open-end mutual funds offered by PGIM Investments, the $90 billion retail investments business of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

August 30, 2017

Gig economy may threaten financial wellness of contract workers, Prudential survey shows

NEWARK, N.J., Aug. 30, 2017 - The gig economy — the increasingly popular employment model where people work as independent contractors rather than employees of companies — has a destabilizing effect on personal financial security, a Prudential Financial, Inc. (NYSE: PRU) survey shows.

August 30, 2017

Paul Gable joins Prudential Group Insurance as chief underwriting officer

NEWARK, N.J., Aug. 30, 2017 - Paul Gable has joined Prudential Group Insurance as chief underwriting officer, where he will assume national leadership of all underwriting functions. Prudential Group Insurance is a business of Prudential Financial, Inc. (NYSE:PRU).

August 29, 2017

Prudential supports Hurricane Harvey relief efforts

Prudential supports the heroic recovery and relief efforts underway in the wake of Hurricane Harvey. The Prudential Foundation has pledged a $500,000 grant to the American Red Cross, which has been providing shelter, food and search and rescue operations in Texas and the Gulf Coast.

August 15, 2017

Finance chiefs’ pension risk transfer motivations revealed in new research

NEWARK, N.J., Aug. 15, 2017 - The increasing costs and volatility of managing defined benefit pension plans have long been at the center of the motivations for transferring a company’s pension risk to an insurer. But which costs and what kinds of volatility are finance chiefs most concerned about? A new survey involving 80 senior finance executives at companies with traditional pensions sheds light on the motivations behind pension risk transfer decisions in the executive suite. 

August 14, 2017

Prudential Financial, Inc. to Participate in KBW 2017 Insurance Conference; Live Webcast Available

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 14, 2017-- Prudential Financial, Inc. (NYSE:PRU) will participate in the KBW 2017 Insurance Conference in New York on Thursday, September 7, 2017. On that day at approximately 9:30 a.m. ET Mark Grier, Prudential Financial, Inc.'s Vice Chairman, will discuss the company's businesses and strategies. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least fifteen minutes early to register and download and install any necessary software. A replay will...
August 14, 2017

Prudential Capital Group provides $7.1 billion to middle-market companies in the first half of 2017

CHICAGO, Aug. 14, 2017 - Prudential Capital Group, a leading source of private capital for public and private companies, has provided more than $7.1 billion to companies and projects worldwide in the first two quarters of 2017. This milestone represents an increase of $1.8 billion compared to the first half of 2016, and an almost doubling in investments outside of North America. Prudential Capital Group is the private placement arm of PGIM, the $1.1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).