• Brad Hearn appointed CEO of Prudential Holdings of Japan, effective as of Oct. 10.

• Motofusa Hamada steps down; will be an advisor through Dec. 31, 2025.

TOKYO and NEWARK, N.J., Oct. 14, 2025 - Prudential Financial, Inc. (NYSE: PRU) announced today that it has appointed Brad Hearn as the next president and chief executive officer of Prudential Holdings of Japan (PHJ), effective Oct. 10.

Hearn, who previously served as chief operating officer for Prudential's Japan operations, will succeed Motofusa Hamada. Hamada will serve as an advisor through the end of the year, ensuring a smooth leadership transition.

"Brad brings more than 30 years of strategic operations leadership experience in the financial services industry," said Andy Sullivan, Prudential Financial's chief executive officer. "I'm confident in Brad's leadership and his ability to drive growth across our Japan operations."

Prior to this role and his move to Tokyo, Hearn was president of Prudential Advisors, Prudential's U.S. retail and advice business, where nearly 3,000 financial advisors provide holistic advice and solutions to support clients through risk management, retirement income and goals-based investing. Prior to joining Prudential in 2018, Hearn served as executive vice president of Business Consulting for the Independent Advisor Services unit of LPL Financial.

"I'm truly honored to step into this role and grateful for the trust Andy and the leadership team have placed in me," Hearn said. "I'm excited to build on the legacy of Prudential in Japan and work alongside our talented team to help drive our strategy forward for our customers and communities."

About Prudential Financial

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of June 30, 2025, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for 150 years. For more information, please visit news.prudential.com.

Media Contact

Prudential Financial: Bill Launder, Prudential Corporate Communications [email protected]