Prudential Financial CEO Charles Lowrey's 2020 pay slips 1% to $15M

Prudential Financial reports 2020 executive compensation

By ExecPay News

Published: March 25, 2021

Prudential Financial reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, six executives at Prudential Financial received on average a compensation package of $9.2M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Prudential Financial
Charles F. Lowrey, Chief Executive Officer, received $15M in total, which decreased by 1% compared to 2019. 39% of Lowrey's compensation, or $5.9M, was in non-equity incentive plan. Lowrey also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $1.7M in option awards, $1.2M in salary, $5M in stock awards, as well as $58K in other compensation.
Robert M. Falzon, Chairman, received a compensation package of $12M, which decreased by 1% compared to previous year. 39% of the compensation package, or $4.6M, was in non-equity incentive plan.
Stephen Pelletier, Former Executive Vice President and Head of U.S. Businesses, earned $9.3M in 2020, a 38% decrease compared to previous year.
Scott G. Sleyster, Executive Vice President and Head of International Businesses, received $7.7M in 2020, which increases by 2% compared to 2019.
Andrew F. Sullivan, Executive Vice President and Head of U.S. Businesses, earned $6.3M in 2020.
Kenneth Y. Tanji, Chief Financial Officer, received $5M in 2020, which increases by 4% compared to 2019.

Related executives

Charles Lowrey

Prudential Financial

Chief Executive Officer

Kenneth Tanji

Prudential Financial

Chief Financial Officer

Robert Falzon

Prudential Financial

Chairman

Scott Sleyster

Prudential Financial

Executive Vice President and Head of International Businesses

Andrew Sullivan

Prudential Financial

Executive Vice President and Head of U.S. Businesses

Stephen Pelletier

Prudential Financial

Former Executive Vice President and Head of U.S. Businesses

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Source: SEC filing on March 25, 2021.