-Harris retires after more than three decades at Prudential

-Ann Kappler promoted to general counsel

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Laura Burke

(973) 802-9489

July 27, 2020

NEWARK, N.J., July 27, 2020 - Prudential Financial, Inc. (NYSE: PRU) announced today that Tim Harris, executive vice president and general counsel, has decided to retire after a long and successful career. Ann Kappler, senior vice president, deputy general counsel and head of external affairs, will assume the role of executive vice president and general counsel, effective Sept. 1, 2020.

“On behalf of the entire leadership team, we’d like to thank Tim for his meaningful contributions to Prudential and congratulate Ann on her new role,” said Charles Lowrey, chairman and CEO, Prudential Financial. “This smooth transition is a testament to the deep bench of talent and culture of internal mobility that was cultivated under Tim’s leadership.”

Ann Kappler joined Prudential in 2009 as a chief legal officer, assuming positions with increasing responsibility. Prior to joining Prudential, Kappler held a variety of roles including general counsel, Fannie Mae; partner at WilmerHale; partner at Jenner & Block; and law clerk to Supreme Court Justice Blackmun. She also serves as chair of the Board of National Health Law Program, member of the Pro Bono Partnership Board and Dartmouth’s Rockefeller Center for Public Policy Board of Visitors. Kappler holds an AB, Dartmouth College, and a J.D. from New York University School of Law.

Kappler will report to Lowrey and will join Prudential’s Executive Leadership Team. Harris will remain at Prudential through the first quarter of 2021 as part of the transition.

About Prudential Financial Inc.

Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager with more than $1 trillion in assets under management as of March 31, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.