Prudential Financial, Inc. has hired Mark Finkelstein as a senior vice president, who will take over the role of head of investor relations later this year. Finkelstein will succeed Eric Durant as head of IR after a transition process. Finkelstein joins Prudential from Evercore Partners where, most recently, he worked as managing director and senior analyst covering publicly traded life insurance companies. Prior to that, he was managing director and senior analyst of insurance stocks at the Macquarie Group for eight years. He also worked at Swiss Re Capital Partners, where he managed a portfolio of public and private equity investments on Swiss Re’s balance sheet.
Prudential Financial, Inc. (NYSE:PRU) announced today that Mark Finkelstein will join the company as a senior vice president, and will assume the position of head of Investor Relations, later this year, following a transition process. He will succeed Eric Durant, who will retire at a later date.
Finkelstein joins Prudential from Evercore Partners, where, since 2011, he has served as managing director and senior analyst covering publicly traded life insurance companies. Prior to that, Finkelstein was managing director and senior analyst of insurance stocks at the Macquarie Group for eight years. He also served as vice president at Swiss Re Capital Partners, where he managed a portfolio of public and private equity investments on Swiss Re’s balance sheet, and senior manager at PricewaterhouseCoopers, where he managed audit engagements, primarily in the insurance sector. He holds a bachelor’s degree in accounting from the University of Wisconsin at Madison.
“Mark brings broad experience in investor communications and analysis of insurance companies,” said Prudential Vice Chairman Mark Grier. “I know we will benefit greatly from his insights and valuable perspective based on the years he has spent closely analyzing Prudential, other insurers and financial services companies in various capacities.”
Durant joined Prudential in 2000 from Bankers Trust Corporation in New York, where he served as senior vice president and director of Investor Relations since 1996. He also managed investor relations at Bank of America and Wells Fargo.
“Eric was instrumental in helping us prepare for demutualization and the rigorous new reporting requirements to which we adhere as a public company,” Grier said. “He built a robust Investor Relations function and works closely with senior management to develop and implement an effective communications strategy to deliver accurate and meaningful information about the performance of our company to investors and financial analysts.”
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1.1 trillion of assets under management as of March 31, 2014, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.
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