Charles Lowrey
Charles Lowrey | |
|---|---|
| Alma mater | Princeton, Harvard, Yale[1][2][3] |
| Occupation | Executive Chairman of the Board |
| Employer | Prudential Financial |
| Website | |
Charles Lowrey is an American business executive who serves as Executive Chairman of the Board for Prudential Financial. He was previously CEO of the company. He is also a member of LeapFrog Investments leadership council.
Biography
[edit]Lowrey attended Princeton where he majored in architecture, earning a bachelor's degree. He went on to earn an MBA from Harvard[1][2] as well as a master's degree in architecture from Yale.[2] While at Yale in 1982, he received the H.I. Feldman Prize for best solution to an architectural problem.[4]
Lowrey began his professional life as an architect, founding and managing an architecture firm in New York City.[3][5] Within a few years, he transitioned to a career in business, beginning with J.P. Morgan, where he worked in real estate investment banking.[1] He joined Prudential Financial in 2001[1][6] and in 2002 was promoted to the CEO of its real estate investors business.[7] He also spent time as CEO of the company's investment management group (now known as PGIM), a position he took over in 2008.[3][8] Beginning in 2011, he was the chief operating officer and executive vice president of Prudential's international businesses.[9] He previously spent three years in the same positions for Prudential's U.S. businesses.[8]
In 2018, Lowrey became CEO of the company, replacing John Strangfeld.[6][10] He was appointment Chairman in 2019.[8][6] In 2020, he was appointed to New Jersey's Restart and Recovery Commission by Governor Phil Murphy.[11] The following year he became the co-chair of the New Jersey CEO Council.[12] In December 2021, Lowrey "pledged to find $750 million in cost savings by the end of 2023" after overseeing the sale of the company's retirement business.[13] In 2021 he was the highest compensated CEO of a publicly traded United States life insurance company.[14]
He was awarded the inaugural William G. McGowan Ethical Leader of the Year Award in 2022.[15] He served as a member of the board of directors of the New Jersey Performing Arts Center,[16] and became the co-chair in 2023.[6]
Lowrey stepped down as CEO of Prudential in March 2025, remaining on the board as executive chairman.[17] In September 2025, Lowrey joined the leadership council for LeapFrog Investments.[18]
References
[edit]- ^ a b c d Bell, Allison (12 September 2018). "Prudential Names Lowrey Next CEO, and Falzon Vice Chair". Think Advisor.
- ^ a b c "Prudential Financial Names Lowrey CEO, Falzon Vice Chairman". Bloomberg. 12 September 2018.
- ^ a b c "Financial Literacy Day Speaker: Charles F. Lowrey '79". Career Development. Princeton University. April 19, 2023. Retrieved July 21, 2025.
- ^ "Awards and Fellowships". Yale.
- ^ Hunt, Vivian; Sean Brown (August 19, 2022). "Charles Lowrey on putting purpose at the heart of Prudential Financial's transformation". McKinsey & Company. Retrieved July 21, 2025.
- ^ a b c d "Charles Lowrey and Carmen Villar Elected NJPAC Board Co-Chairs". NJPAC. 23 January 2023.
- ^ "Prudential Financial promotes executive". The Atlanta Constitution. 26 March 2002.
- ^ a b c "An Ex-Asset Management Chief Takes Over a $40 B Insurer". Mutual Find Wire. 12 September 2018.
- ^ Perone, Joseph R. (9 February 2011). "Prudential Names New Chief Operating Officer". The Star-Ledger.
- ^ Perry, Jessica (4 December 2024). "Prudential elevates Sullivan to succeed CEO Lowrey". NJ Biz.
- ^ Landergan, Katherine (28 April 2020). "Murphy forms commission to advise on reopening New Jersey's economy". Politico.
- ^ Fazelpoor, Matthew (1 November 2022). "Choose New Jersey partners with CEO Council". NJ Biz.
- ^ Erin Arvedlund, "Prudential reduces retiree benefits", The Philadelphia Inquirer (December 16, 2021), p. A1, A8.
- ^ Ross, Hialey; Javed, Hassan (22 August 2022). "Prudential Financial's Lowrey tops list of highest-paid US life insurer CEOs". S&P Global. Retrieved 26 September 2025.
- ^ Taylor, Johnny (5 December 2023). "It's Time to Listen: Ethics and Ethical Leadership are Essential Ingredients in Business Success". The TJB American Business Magazine.[dead link]
- ^ Steve Strunsky, "25 years later, NJPAC is still getting applause, reaching out and inviting in", The Newark Star-Ledger (November 12, 2022), p. A1, A8.
- ^ Seal, Dean (3 December 2024). "Prudential Executive Chairman Lowrey to Step Down as CEO; Sullivan Named Successor". The Wall Street Journal.
- ^ "LeapFrog Investments snags $500m from Prudential for fintech in Africa". The Sydney Morning Herald. 24 January 2016.
External links
[edit]- Dame Vivian Hunt, Charles Lowrey on putting purpose at the heart of Prudential Financial's transformation (August 19, 2022)
- LinkedIn Profile for Charles Lowrey