Prudential Retirement names Michael Domingos new head of Sales and Strategic Relationships
October 23 2019 - 9:00AM
Business Wire
Prudential Retirement, a business unit of Prudential Financial,
Inc. (NYSE: PRU), announced today Michael Domingos, vice president,
National Distribution Markets, will be promoted to senior vice
president and head of Sales and Strategic Relationships, Prudential
Retirement. The appointment will be effective Dec. 2.
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Michael Domingos, senior vice president
and head of Sales and Strategic Relationships, Prudential
Retirement (Photo: Business Wire)
Domingos is succeeding Scott Gaul, current senior vice president
and head of Sales and Strategic Relationships, Prudential
Retirement. Prudential announced Aug. 29th Gaul will become head of
Prudential Retirement’s Investment & Pension Solutions
businesses effective Dec. 1.
As part of Prudential’s leadership succession announcement for
U.S. Businesses, Yanela Frias, current head of Retirement’s
Investment & Pension Solutions businesses, which surpassed $100
billion in pension and longevity risk transfer sales under her
leadership, will be promoted Dec. 1 to president of Prudential
Retirement.
“I am pleased to announce Michael as Retirement’s new head of
Sales and Strategic Relationships,” Frias said. “Michael has 25
years of institutional retirement experience, the last 15 years of
which he has developed and led sales strategies for full-service
retirement plans and, in his current role, has led efforts to
establish a dynamic sales culture based on customer data and
insights that have helped us expand the business in new ways. I am
confident that his leadership and customer focus will help us
continue to grow the business and transform the customer
experience.”
As part of his new role, Domingos will speak with the media
tonight in New York City on future-proofing workplace benefits and
how to enable financial wellness in a changing society.
“I’m thrilled to take on this new opportunity at such an
exciting time for the company as we continue to innovate and think
differently about retirement solutions to ease financial stress at
every age and stage of life for individuals and drive meaningful
value for our institutional clients,” Domingos said. “I look
forward to leading Prudential Retirement’s talented sales
organization.”
About Prudential Retirement
Prudential Retirement delivers retirement plan solutions for
public, private, and non-profit organizations. Services include
defined contribution, defined benefit and non-qualified deferred
compensation record keeping, administrative services, investment
management, comprehensive employee education and communications,
and trustee services, as well as a variety of products and
strategies, including institutional investment and income products,
pension risk transfer solutions and structured settlement
services.
With more than 85 years of retirement experience, Prudential
Retirement helps meet the needs of 4.4 million participants and
annuitants. Prudential Retirement has $478 billion in retirement
account values as of June 30, 2019. Retirement products and
services are provided by The Prudential Insurance Company of
America (PICA), Newark, N.J., or its affiliates.
PICA issued the reinsurance from the United States. Neither PICA
nor Prudential Retirement Insurance and Annuity Company (PRIAC) is
licensed or regulated by the U.K. Prudential Regulation Authority
as an insurer or regulated by the Financial Conduct Authority, nor
does either offer reinsurance in the United Kingdom or directly
insure U.K. pension risks.
About Prudential Financial
Prudential Financial, Inc. (NYSE: PRU), a financial wellness
leader and premier active global investment manager with more than
$1 trillion in assets under management as of June 30, 2019, has
operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees help to make lives
better by creating financial opportunity for more people.
Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more
information, please visit news.prudential.com.
© 2019 Prudential Financial, Inc. and its related entities.
Prudential, the Prudential logo, the Rock symbol and Bring Your
Challenges are service marks of Prudential Financial, Inc., and its
related entities, registered in many jurisdictions worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20191023005458/en/
MEDIA: Josh Stoffregen-Foye 973-802-3996
josh.stoffregen@prudential.com
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