Jackson National Life Insurance Co. Vice Chairman and COO Mike Wells was appointed as president and CEO of Jackson, and as an executive director of the Prudential plc Board of Directors, by Prudential plc, the company’s London-based parent company.
Jackson says Wells will succeed Clark Manning, who will step down as CEO at the end of 2010 and will serve as chairman of Prudential plc’s U.S. operations until April 30, 2011. Manning then will enter into an advisory role that will continue until the end of 2011, Jackson adds.
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