Robert M.  Falzon net worth and biography

Robert Falzon Biography and Net Worth

Rob Falzon is vice chair of Prudential Financial, Inc. and a member of Prudential’s Board of Directors. As vice chair, Falzon oversees the finance, risk, investments, actuarial, communications, information & technology, and corporate social responsibility functions.

Before being named vice chair, Falzon was executive vice president and chief financial officer of Prudential Financial, Inc. Appointed to this position in March 2013, Falzon oversaw global financial management matters, including financial reporting, treasury, tax, investor relations and mergers and acquisitions.

Previously Falzon was senior vice president and treasurer of Prudential Financial, Inc., responsible for management of the company’s capital, liquidity and borrowing. Before being appointed treasurer in 2009, Falzon served as managing director of PGIM Real Estate, head of its Global Merchant Banking and Global Real Estate Securities Groups and CEO of its European business.

Prior to joining PGIM Real Estate in 1998, Falzon was a managing director in the investment banking group at Prudential Securities Incorporated in New York and was previously a managing director in PGIM’s private fixed income business.

Falzon holds an MBA in finance and accounting from Columbia University and graduated Phi Beta Kappa with a bachelor’s degree in economics from Rutgers University. He is a CFA charterholder, a certified public accountant, and a member of AICPA and the CFA Institute.

Falzon is the chair of the advisory boards for the New Jersey Salvation Army and the Salvation Army Boys & Girls Club of Ironbound in Newark. He is a member of both the Rutgers University Board of Trustees as well as the Rutgers University Foundation Board of Overseers and is chair of the Foundation’s Investment Committee.

What is Robert M. Falzon's net worth?

The estimated net worth of Robert M. Falzon is at least $25.75 million as of May 13th, 2024. Mr. Falzon owns 202,083 shares of Prudential Financial stock worth more than $25,747,395 as of November 16th. This net worth estimate does not reflect any other assets that Mr. Falzon may own. Additionally, Mr. Falzon receives a salary of $4,440,000.00 as EVP at Prudential Financial. Learn More about Robert M. Falzon's net worth.

How old is Robert M. Falzon?

Mr. Falzon is currently 64 years old. There are 7 older executives and no younger executives at Prudential Financial. The oldest executive at Prudential Financial is Mr. Charles Frederick Lowrey Jr., Chairman, CEO & President, who is 66 years old. Learn More on Robert M. Falzon's age.

What is Robert M. Falzon's salary?

As the EVP of Prudential Financial, Inc., Mr. Falzon earns $4,440,000.00 per year. The highest earning executive at Prudential Financial is Mr. Charles Frederick Lowrey Jr., Chairman, CEO & President, who commands a salary of $5,520,000.00 per year. Learn More on Robert M. Falzon's salary.

How do I contact Robert M. Falzon?

The corporate mailing address for Mr. Falzon and other Prudential Financial executives is 751 BROAD ST, NEWARK NJ, 07102. Prudential Financial can also be reached via phone at (973) 802-6000 and via email at [email protected]. Learn More on Robert M. Falzon's contact information.

Has Robert M. Falzon been buying or selling shares of Prudential Financial?

Robert M. Falzon has not been actively trading shares of Prudential Financial in the last ninety days. Most recently, Robert Falzon sold 130,092 shares of the business's stock in a transaction on Monday, May 13th. The shares were sold at an average price of $118.57, for a transaction totalling $15,425,008.44. Following the completion of the sale, the executive vice president now directly owns 202,083 shares of the company's stock, valued at $23,960,981.31. Learn More on Robert M. Falzon's trading history.

Who are Prudential Financial's active insiders?

Prudential Financial's insider roster includes Robert Axel (SVP), Robert Falzon (EVP), Caroline Feeney (EVP), Stacey Goodman (EVP), Timothy Harris (EVP), Terence Harvey (Insider), Wendy Jones (Director), Ann Kappler (EVP), Daniel Lougher (Insider), Charles Lowrey (CEO), Stephen Pelletier (Insider), Jeffrey Quartermaine (Insider), Timothy Schmidt (SVP), Nicholas Silitch (SVP), Scott Sleyster (EVP), Andrew Sullivan (EVP), Kenneth Tanji (CFO), and Candace Woods (SVP). Learn More on Prudential Financial's active insiders.

Are insiders buying or selling shares of Prudential Financial?

During the last twelve months, Prudential Financial insiders bought shares 3 times. They purchased a total of 2,105,838 shares worth more than $55,200,016.25. During the last twelve months, insiders at the financial services provider sold shares 10 times. They sold a total of 199,890 shares worth more than $22,914,529.13. The most recent insider tranaction occured on October, 8th when Major Shareholder Insurance Co Of Ame Prudential bought 261,059 shares worth more than $7,200,007.22. Insiders at Prudential Financial own 0.3% of the company. Learn More about insider trades at Prudential Financial.

Information on this page was last updated on 10/8/2024.

Robert M. Falzon Insider Trading History at Prudential Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/13/2024Sell130,092$118.57$15,425,008.44202,083View SEC Filing Icon  
1/4/2022Sell54,007$113.00$6,102,791.00View SEC Filing Icon  
2/11/2020Sell39,748$96.44$3,833,297.1285,396View SEC Filing Icon  
9/9/2019Buy3,580$83.98$300,648.4064,228View SEC Filing Icon  
10/5/2016Sell9,781$85.00$831,385.0046,550View SEC Filing Icon  
8/8/2016Sell33,820$77.13$2,608,536.6070,264View SEC Filing Icon  
11/25/2013Sell17,565$89.69$1,575,404.8515,544View SEC Filing Icon  
See Full Table

Robert M. Falzon Buying and Selling Activity at Prudential Financial

This chart shows Robert Falzon's buying and selling at Prudential Financial by year and by quarter.

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Prudential Financial Company Overview

Prudential Financial logo
Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. The PGIM segment offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. The Retirement Strategies segment provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; develops and distributes individual variable and fixed annuity products. The Group Insurance segment offers various group life, and long-term and short-term group disability, as well as group corporate-, bank-, and trust-owned life insurance in the United States primarily for institutional clients for use in connection with employee and membership benefits plans; sells accidental death and dismemberment, and other supplemental health solutions; and plan administration services in connection with its insurance coverages. The Individual Life segment develops and distributes variable life, universal life, and term life insurance products. The International Businesses segment develops and distributes life insurance, retirement products, investment products, and certain accident and health products; and advisory services. The company provides its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.
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Today's Range

Now: $127.41
Low: $125.91
High: $128.10

50 Day Range

MA: $122.20
Low: $114.65
High: $127.83

2 Week Range

Now: $127.41
Low: $93.32
High: $129.13

Volume

3,049,858 shs

Average Volume

1,502,596 shs

Market Capitalization

$45.36 billion

P/E Ratio

11.33

Dividend Yield

4.15%

Beta

1.29