Prudential Financial, Inc. (NYSE: PRU) has announced the election of Joseph Wolk to its board of directors as an independent director, effective September 30, 2025. Wolk, who currently serves as the executive vice president and chief financial officer at Johnson & Johnson, brings extensive experience in shaping financial strategy and performance.
In his current role at Johnson & Johnson, Wolk leads the company's global shared services, managing a range of functions for a workforce of over 130,000 employees. Since his appointment as chief financial officer in 2018, he has been responsible for leading the company's long-term financial strategy, capital allocation, and operational transformation initiatives, including the separation of Johnson & Johnson's consumer health business.
Wolk's appointment to the Prudential board was met with enthusiasm from Sandra Pianalto, director and chair of the board's corporate governance and business ethics committee, who praised Wolk's deep expertise in global finance, operational excellence, and stakeholder engagement.
Wolk's extensive financial experience includes holding numerous senior financial roles across pharmaceutical and medical technology segments at Johnson & Johnson. Additionally, he is the founding chair of Johnson & Johnson Impact Ventures, an investment fund focused on advancing underinvested healthcare solutions in developing countries. Prior to Johnson & Johnson, Wolk held various accounting roles at Ametek, Inc.
Prudential Financial, Inc., a global financial services leader and premier active global investment manager, reported approximately $1.6 trillion in assets under management as of June 30, 2025. The company operates in the United States, Asia, Europe, and Latin America, with its diverse and talented employees working to expand access to investing, insurance, and retirement security.
Wolk's election to the board of directors is expected to bring valuable expertise to Prudential as the company continues to evolve and grow. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $103.31. For the full picture, make sure to review PRUDENTIAL FINANCIAL INC's 8-K report.