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Prudential Financial Names Michael Witwer Senior Vice President of Group Insurance.

Business Editors

NEWARK, N.J.--(BUSINESS WIRE)--Oct. 22, 2003

Prudential Financial, Inc. (NYSE NYSE

See: New York Stock Exchange
:PRU PRU Prudential Financial
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) announced today the appointment of Michael Witwer as senior vice president of life products for Prudential Group Insurance. In his new role, Witwer will report directly to Edward Baird Edward Baird was born in Montrose in 1904 and studied at Glasgow School of Art from 1924 to 1927. He became a close friend of James MacIntosh Patrick, sharing his painstaking approach to realism. , president of Prudential Group Insurance. He will be responsible for the strategic development of all group life insurance products, including Corporate Owned Life Insurance. In addition, Witwer will also oversee marketing of all group insurance products, including group disability and Group Long Term Care Insurance.

"We are thrilled to have Mike on our team. He brings a wealth of insurance and marketing knowledge to this position and we look forward to his adding tremendous value to our group insurance business," said Baird. "Mike's experience and accomplishments make him an ideal person to help Prudential Group Insurance solidify its position as a leader in the insurance marketplace."

Witwer has more than 20 years experience in the group insurance industry. Prior to joining Prudential, he was vice president of life products management for Metropolitan Life Insurance Company (MetLife). During his tenure at MetLife, Witwer established a business unit with national responsibility for group life products, developed new product solutions, and implemented programs that consistently increased customer satisfaction.

Witwer graduated from Westminster College Westminster College may refer to:

In the United Kingdom:
  • Westminster College, Cambridge
  • Westminster College, Oxford
In the United States of America:
  • Westminster College, Missouri
  • Westminster College, Pennsylvania
 with a bachelor's degree in mathematics. He is also a graduate of the Wharton School's MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 Certificate Program.

Prudential Financial companies, with approximately $422 billion in total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  as of June 30, 2003, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, Newark, N.J., one of the largest life insurance companies in the U.S. These companies offer a variety of products and services, including life insurance, property and casualty insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, banking and trust services, real estate brokerage franchises and relocation services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. . For more information, visit www.prudential.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 22, 2003
Words:323
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