Prudential names Stacey Goodman chief information officer

Role places technology at heart of customer experience

NEWARK, N.J.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24PRU&src=ctag” target=”_blank”gt;$PRUlt;/agt;–Prudential Financial, Inc. (NYSE:
PRU) announced that Stacey Goodman will join the company as
executive vice president and chief information officer, effective July
15. In this capacity, Goodman will lead a strategic, integrated
enterprise-wide organization to deliver added value for customers,
employees and shareholders through the optimal use of data, information,
and digital and technology platforms.

Barbara Koster, who led numerous advancements in the company’s
technology talent, structure and processes over the course of her
distinguished 23-year career with Prudential, announced her retirement
as chief information officer in December 2018.

Goodman will serve as a member of Prudential’s Executive Leadership Team
and report to Robert
Falzon, Prudential vice chair. She joins Prudential from Freddie
Mac, where she served as chief information officer leading all
enterprise technology initiatives and serving on the Senior Operating
Committee.

“Technology is a critical advantage, and Stacey is a purpose-driven
leader and experienced technologist who has successfully guided complex,
global companies through transformation to become leaders in their
fields,” said Falzon. “Her ability to unlock business value, realize
better outcomes for customers and streamline operations—while also
accelerating growth—will support a differentiated capability for
Prudential.”

Falzon added, “And, in her role on the Executive Leadership Team, I look
forward to Stacey’s contribution in bringing technology to the center of
our engagement with our employees, customers and distribution partners.”

Previously, Goodman was chief information and operations officer at CIT,
where she helped build out the digital bank platform that grew deposits
three-fold from 2012-2016, and modernized core platforms to support
business growth, productivity, mobility and regulatory goals. CIT was
recognized by CIO Magazine with a Top 100 award in 2016 for the
technology transformation under Goodman’s leadership.

Goodman also held global positions at Bank of America, UBS and Solomon
Brothers, and served on the U.S. Department of Treasury’s Office of
Financial Research Advisory Committee.

About Prudential Financial Inc.

Prudential Financial, Inc. (NYSE:
PRU), a financial services leader with more than $1 trillion of
assets under management as of March 31, 2019, 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 news.prudential.com.

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Contacts

MEDIA:
Linda Fung
973-802-7373
linda.fung@prudential.com