Prudential Selects CEO of U.S. Insurance & Retirement Business
Prudential Financial Inc. has appointed Caroline Feeney as CEO of its U.S. Insurance & Retirement Businesses. Feeney will immediately assume the newly created role and will be responsible for driving growth across the consolidated portfolio of U.S. businesses, while ensuring alignment with PGIM, the company’s asset management business.
Feeney’s expanded role will include oversight of group insurance, individual life insurance, Prudential annuities, Prudential retirement, and the retail advice and solutions organization. She will also oversee several enabling functions, including the group charged with enhancing and unifying the service experience for Prudential’s retail and institutional customers in the U.S.
Feeney most recently served as CEO of individual solutions. Previously, she served as president of Prudential Advisors and president of individual life insurance, and spent time in field leadership roles, providing her firsthand experience with customers and the company’s financial professionals.
Feeney also leads the company’s Women Empowered business resource group and champions women’s financial issues, diversity and professional development both within and outside of Prudential.
In her new role, Feeney will continue to report to Andy Sullivan, executive vice president and head of U.S. businesses for Prudential.
“Caroline’s business savvy, deep industry expertise and people-centric leadership style will help us realize the full potential of our businesses,” says Sullivan. “She is a true ambassador for the Prudential brand and a passionate advocate for our company’s purpose: to make lives better by solving the financial challenges of our changing world.”
Feeney represents Prudential on several boards, including The Alliance for Lifetime Income, and is a member of Fortune’s Most Powerful Women and the National Association for Female Executives’ Executive Roundtable. She also serves as a trustee of Prudential’s Corporate Social Responsibility Oversight Committee, which guides the company’s foundation and its investments.
OneAmerica Hires Regional Sales Director
OneAmerica has hired Chris Browne to build the company’s base in South Carolina as regional sales director.
Browne is focusing on primarily serving core retirement plans. The 18-year industry veteran joined OneAmerica after previously working eight years as a Charleston, South Carolina-based wholesaler for MassMutual Financial Group.
“I was really attracted to OneAmerica because of its industry-known relationship strategy, award-winning client focus and fresh, world-class custom communications,” Browne says. “Combined with its outstanding culture and values, OneAmerica checks all the boxes, and I’m thrilled to be joining the team and enhancing our presence in South Carolina.”
Browne reports to Todd Smiser, east region regional vice president. OneAmerica had a presence already in the Palmetto State through the contributions of wholesaler Chuck Stinson, who also continues to build sales in North Carolina.
“Chris has the experience, energy and enthusiasm to drive results,” says Pete Schroedle, vice president of distribution for retirement services at OneAmerica. “Given all the unprecedented upheaval and challenges in our industry, it’s more important than ever to have someone of his background step up with optimal solutions on behalf of advisers, sponsors and participants.”
Prior to MassMutual, Browne was at John Hancock Life Insurance Co. and at Guardian Life.
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