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Prudential Financial Announces Leadership Alignment

Prudential Financial (PRU) | Dec. 18, 2025

By Oscar Wright

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Prudential Financial announces a realignment of its senior business leadership structure to streamline operations and focus on key growth opportunities.

Leaders responsible for U.S. businesses, Emerging Markets, the Japan Group, and PGIM will now report directly to CEO Andrew (Andy) Sullivan.

Phil Waldeck appointed as executive vice president, head of Prudential's U.S. Businesses, effective Feb. 2, 2026.

Leadership Realignment

Prudential Financial's leadership restructuring aligns with the growth strategy, enhancing performance and accountability.

Phil Waldeck's Appointment

Phil Waldeck's appointment as head of Prudential's U.S. Businesses brings in an experienced leader known for driving results.

Departure of Caroline Feeney

Caroline Feeney, global head of Retirement and Insurance, is set to depart Prudential.

  • The leadership realignment at Prudential Financial aims to create a more agile and focused organization, driving sustainable performance over the long term.
  • Phil Waldeck's appointment signals a strategic move to infuse proven leadership and momentum into Prudential's U.S. businesses.

Prudential Financial's strategic leadership alignment underscores a deliberate effort to enhance growth and accountability across its global operations, emphasizing consistency and sustained performance.