Prudential Financial, Inc. (NYSE:PRU) today announced that Robert Falzon, CFA, currently Managing Director, CEO of Prudential Real Estate Investors (PREI), Europe, and head of Global Merchant Banking, was named Treasurer, and John Fleurant, who currently serves as CFO of U.S. Businesses, was named Prudential's Controller.
Falzon succeeds Bernard Jacob, who joined the company in 2004. Jacob will become CFO of Prudential's U.S. Businesses.
Falzon joined PREI in 1998 after serving as Managing Director in the Investment Banking Group of Prudential Securities, Inc. (PSI). He joined PSI in 1992 and before that, he worked for nine years in the private placement area at Prudential, eventually rising to head of the Northeast Regional Investment Group.
Fleurant, who currently serves as CFO, U.S. Businesses, has held a variety of finance roles during his career at Prudential including Private and International Investors, Individual Insurance, Healthcare, Investments and Retirement. The appointments are effective at the beginning of 2010.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $641 billion of assets under management as of September 30, 2009, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. In the U.S., the company's Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit http://www.news.prudential.com/
Contacts:
Prudential Financial, Inc.
Bob DeFillippo, 973-802-4149
bob.defillippo@prudential.com
