Sullivan steps into the role following his tenure as Executive Vice President and Head of International Businesses and Global Investment Management.
He succeeds Charles F. Lowrey, who has led the company as CEO since 2018. Lowrey will remain with Prudential as Executive Chairman of the Board for the next 18 months, providing support and guidance during the leadership transition.
Sullivan, who joined Prudential in 2011, has held several key leadership roles within the company, including overseeing its U.S.-based businesses and PGIM, Prudential’s $1.4 trillion global investment management arm. His extensive experience in both insurance and investment management positions him well to steer Prudential through its next phase of growth and innovation.
Under Sullivan’s leadership, Prudential is expected to continue its strategic focus on expanding global financial services, enhancing investment solutions, and leveraging technology to drive customer-centric initiatives. His appointment marks a significant transition for the company as it navigates evolving market conditions and emerging opportunities in the financial sector.
