The board of directors of Prudential Financial has elected a new chief executive officer.
John R. Strangfeld will take the reins of the Newark-based insurance and financial services company on Jan. 1.
Strangfeld, 53, currently runs all of Prudential’s U.S. businesses.
He succeeds Arthur F. Ryan, who is retiring as CEO at the end of 2007. Strangfeld also becomes chairman after Ryan retires from that job in May 2008.
Strangfeld began his career at Prudential 30 years ago
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
More Insurance M&A Deals on the Horizon? 
Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme 
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance 
