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    Charles F. Lowrey

    Chairman and CEO (until March 31, 2025) at Prudential Financial Inc
    Board
    Since December 1, 2018
    Age
    66 years
    Tenure
    Joined Prudential in March 2001 and advanced through various leadership roles including CEO of PGIM Real Estate, President and CEO of PGIM, and EVP and COO for both U.S. and International Businesses before becoming Chairman and CEO in December 2018.

    Also at Prudential Financial Inc

    AFS
    Andrew F. Sullivan
    EVP, Head of International Businesses & PGIM
    AMK
    Ann M. Kappler
    EVP, General Counsel, and Chief Compliance Officer
    CAF
    Caroline A. Feeney
    EVP, Head of U.S. Businesses

    About

    Charles F. Lowrey is a veteran in the financial services industry with a career that began in investment banking in 1988. He also spent several years in architecture and development in New York City, where he became a registered New York architect.

    During his extensive tenure at Prudential, he has held a series of senior roles that have played a pivotal part in the company’s evolution. His leadership has encompassed responsibilities from directing investment management and real estate operations to serving as EVP and COO for both U.S. and International Businesses, culminating in his appointment as Chairman and CEO.

    At 66 years old as of February 2024, his diverse background and deep industry experience have enabled him to drive strategic growth and innovation at Prudential. His contributions continue to shape the company’s future while reflecting his commitment to operational excellence and forward-thinking leadership.

    $PRU Performance Under Charles F. Lowrey

    Past Roles

    OrganizationRoleDate RangeDetails
    Prudential Financial (PRU)Executive Vice President and Chief Operating Officer (COO), International Businesses 2014 to 2018 Oversaw Prudential's international operations
    Prudential Financial (PRU)Executive Vice President and Chief Operating Officer (COO), U.S. Businesses 2011 to 2014 Managed Prudential's U.S.-based operations
    Prudential Financial (PRU)President and CEO of PGIM (Prudential Investment Management) 2008 to 2011 Led Prudential's global investment management business
    Prudential Financial (PRU)CEO of PGIM Real Estate (formerly Prudential Real Estate Investors) 2002 to 2008 Managed Prudential's real estate investment business
    J.P. MorganManaging Director and Head of the Americas, Real Estate and Lodging Investment Banking 1988 to 2001 Began his investment banking career at J.P. Morgan
    Architecture FirmManaging Partner N/A Founded the firm and served as a registered New York architect for four years

    Fixed Compensation

    Data from  FY 2025
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,000,000 Annually Fixed component for 2025

    Performance Compensation

    Data from  FY 2025

    Target Annual Incentive

    MetricDetail
    Target Amount $3,000,000
    Performance Metrics EPS on AOI basis, ROE relative to peer group median, Total Operating Expenses, Change in Customer Experience
    Additional Details Exclusions for actuarial updates and M&A activity; subject to the Clawback Policy

    Target Long-Term Incentive

    MetricDetail
    Performance Metrics & Weights BVPS Growth (50%) and Relative ROE (50%)
    BVPS Growth Payout Factors <1.0%: 0.00, 1.0%: 0.50, 7.0%: 1.00, 10.50% or more: 1.50
    Employment Conditions Must be actively employed through the PS Payment Date (February following the performance cycle)
    Dividend Equivalents Eligible for cash dividend equivalents on the lesser of Final Payout Amount or target performance shares
    Missing Specific DetailsNo specific thresholds, grant date, vesting schedule, grant date fair value, or grant date stock price available for Charles F. Lowrey's LTI