Prudential Financial, Inc. (NYSE:PRU) Q4 2023 Earnings Conference Call February 7, 2024 11:00 AM ET

Company Participants

Robert McLaughlin - IR

Charles Lowrey - Chairman, CEO and President

Robert Falzon - Executive Vice Chairman

Kenneth Tanji - EVP and CFO

Andrew Sullivan - EVP and Head, International Businesses and PGIM

Caroline Feeney - EVP and Head, US Businesses

Conference Call Participants

Tom Gallagher - Evercore ISI

Ryan Krueger - KBW

Alex Scott - Goldman Sachs

Elyse Greenspan - Wells Fargo

Suneet Kamath - Jefferies

Jimmy Bhullar - JPMorgan

Joel Hurwitz - Dowling & Partners

Wilma Burdis - Raymond James

John Barnidge - Piper Sandler

Michael Ward - Citi

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Prudential's Quarterly Earnings Conference Call. At this time, all participants have been placed in a listen-only mode. Later, we’ll conduct a question-and-answer session. Instructions will be given at that time. [Operator Instructions] As a reminder, today’s call is being recorded.

I will now turn the call over to Mr. Bob McLaughlin. Please go ahead.

Robert McLaughlin

Good morning, and thank you for joining our call. Representing Prudential on today's call are Charlie Lowrey, Chairman and CEO; Rob Falzon, Vice Chairman; Andy Sullivan, Head of International Businesses; and PGIM, our global investment manager; Caroline Feeney, Head of US Businesses; Ken Tanji, Chief Financial Officer; and Rob Axel, Controller and Principal Accounting Officer. We will start with prepared comments by Charlie, Rob and Ken, and then we will take your questions.

Today's presentation may include forward-looking statements. It is possible that actual results may differ materially from those predictions we make today. In addition, this presentation may include references to non-GAAP measures.

For a reconciliation of such measures to the comparable GAAP measure and a discussion of factors that could cause actual results to differ materially from those in the forward-looking statements.

Please see the slides titled Forward-Looking Statements and non-GAAP Measures in the appendix to today's presentation and the quarterly financial supplement, both of which can be found on our website at investor.prudential.com.

Now, I'll turn it over to Charlie.

Charles Lowrey

Thank you, Bob, and thanks to everyone for joining us today. Before we begin, I'd like to comment on our CFO transition. As you saw from yesterday's news release, Yanela Frias, President of Prudential's Group Insurance Business has been named Executive Vice President and CFO of Prudential, succeeding Ken Tanji, has a 27-year veteran of Prudential.