Charles Lowrey

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Charles Lowrey
Alma mater Princeton, Harvard, Yale [1] [2] [3]
OccupationExecutive Chairman of the Board
Employer Prudential Financial
Website LinkedIn

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.

Contents

Biography

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

  1. 1 2 3 4 Bell, Allison (12 September 2018). "Prudential Names Lowrey Next CEO, and Falzon Vice Chair". Think Advisor.
  2. 1 2 3 "Prudential Financial Names Lowrey CEO, Falzon Vice Chairman". Bloomberg. 12 September 2018.
  3. 1 2 3 "Financial Literacy Day Speaker: Charles F. Lowrey '79". Career Development. Princeton University. April 19, 2023. Retrieved July 21, 2025.
  4. ↑ "Awards and Fellowships". Yale.
  5. ↑ 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.
  6. 1 2 3 4 "Charles Lowrey and Carmen Villar Elected NJPAC Board Co-Chairs". NJPAC. 23 January 2023.
  7. ↑ "Prudential Financial promotes executive". The Atlanta Constitution. 26 March 2002.
  8. 1 2 3 "An Ex-Asset Management Chief Takes Over a $40 B Insurer". Mutual Find Wire. 12 September 2018.
  9. ↑ Perone, Joseph R. (9 February 2011). "Prudential Names New Chief Operating Officer". The Star-Ledger.
  10. ↑ Perry, Jessica (4 December 2024). "Prudential elevates Sullivan to succeed CEO Lowrey". NJ Biz.
  11. ↑ Landergan, Katherine (28 April 2020). "Murphy forms commission to advise on reopening New Jersey's economy". Politico.
  12. ↑ Fazelpoor, Matthew (1 November 2022). "Choose New Jersey partners with CEO Council". NJ Biz.
  13. ↑ Erin Arvedlund, "Prudential reduces retiree benefits", The Philadelphia Inquirer (December 16, 2021), p. A1, A8.
  14. ↑ 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.
  15. ↑ 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 ]
  16. ↑ 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.
  17. ↑ Seal, Dean (3 December 2024). "Prudential Executive Chairman Lowrey to Step Down as CEO; Sullivan Named Successor". The Wall Street Journal.
  18. ↑ "LeapFrog Investments snags $500m from Prudential for fintech in Africa". The Sydney Morning Herald.
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