Prudential Financial Shareholders Reelect Board, Approve Executive Compensation, Reject Chairman Proposal

Prudential Financial held its 2025 Annual Meeting of Shareholders on May 13, with shareholders voting on four key proposals. All 9 board nominees were reelected to serve one-year terms, each receiving substantial majority support. Notably, Carmine Di Sibio led with over 206.8 million votes in favor.

Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent auditor, with 239.1 million votes in support. Additionally, 189.3 million shareholders approved, on an advisory basis, the compensation of the company’s named executive officers.

However, a shareholder proposal to require an independent board chairman was rejected. Only 73.7 million votes supported the measure, while more than 133.5 million voted against it, signaling continued shareholder confidence in Prudential’s current board leadership structure.