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Prudential Financial Elects Carmine Di Sibio to Board of Directors
NEWARK, NJ, July 1, 2024–(BUSINESS THREAD)–Prudential Financial, Inc.NYSE:PRU) announced today that Carmine Di Sibio has been elected to the Board of Directors as an independent director, effective July 1, 2024. He will serve on the Board’s Audit Committee.
Di Sibio recently retired as global chairman and chief executive of EY, one of the world’s largest professional services organizations. He led EY’s global strategy, through which the organization invested more than $10 billion in EY technology, solutions and people over the past five years. In addition, he led its innovation efforts in new and emerging fields through acquisitions and alliances.
“Carmine brings to Prudential a deep understanding of business strategy and innovation, which will help guide our continued efforts to be a faster-growing, more capital-efficient and more agile company,” said Gil Casellas, director and president of the Corporate Governance Council and Business Ethics Committee. “We are excited to welcome him to the Prudential Board and look forward to working together.”
At EY, Di Sibio previously served as Global Managing Partner of Client Services. Prior to that, he held several global operational and leadership roles, including chairman of the Global Financial Services Markets Executive and regional managing partner of the Financial Services Organization of the Americas. Since joining EY in 1985, he has served as a consulting and assurance partner for many financial services accounts.
Di Sibio serves as a board member of PayPal, a digital payments technology platform, and of Focusing Capital on the Long Term (FCLT), a nonprofit organization that encourages long-term behaviors in business and investment decision-making. He is also a member of the World Economic Forum’s International Business Council. He earned an MBA from New York University’s Stern School of Business and a BA in chemistry from Colgate University.
ABOUT PRUDENTIAL
(NYSE: PRU), a global financial services leader and leading active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, has operations in the United States, Asia, Europe and Latin America . America. Prudential’s diverse and talented employees help improve lives and create financial opportunities for more people by expanding access to investments, insurance and retirement security. Prudential’s iconic Rock symbol has represented strength, stability, experience and innovation for nearly 150 years. For more information, visit news.prudential.com.
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YesJin Kim
yeajin.kim@prudential.com