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PRUDENTIAL FINANCIAL INC 8-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Prudential Financial, Inc.

Filing date:

02/21/2025

TLDR:

Douglas A. Scovanner will not stand for reelection to the Board, and Robert Boyle has been appointed Senior Vice President, Controller and Principal Accounting Officer of Prudential Financial, Inc.

ELI5:

A board member is leaving Prudential, and a new person is being hired as the head accountant.

Accession #:

0001193125-25-032028

Published on

Analyst Summary

  • Douglas A. Scovanner will not stand for reelection to the Board of Directors at the next annual meeting on May 13, 2025.
  • Robert Boyle has been appointed Senior Vice President, Controller and Principal Accounting Officer, effective April 7, 2025.
  • Mr. Boyle’s salary is set at $470,000 per year.
  • His target annual incentive for 2025 is $611,000.
  • His target long-term incentive, commencing with the annual grants made in February 2026, is $719,000, for an annual target total compensation of $1,800,000.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️