Phil Waldeck

Phil Waldeck

Executive Vice President and Head of U.S. Businesses

Prudential

Phil Waldeck leads Prudential’s U.S. businesses, which deliver income and protection solutions and provide financial advice across Retirement, Group Insurance, Individual Life Insurance, and Prudential Wealth Advisors. He serves on Prudential’s executive leadership team.

Since joining Prudential in 2004, Waldeck has held several senior roles, most recently at PGIM, Prudential’s global asset management business, where he led Multi Asset & Quantitative Solutions serving institutional clients with asset allocation across public and private sectors. Earlier, he established and led Prudential’s Pension Risk Transfer business, which grew with landmark transactions in the U.S. and U.K., including pension buy outs with General Motors and Verizon and a $28 billion longevity-risk transaction with the British Telecom Pension Scheme. Under his leadership, the business grew to more than $170 billion.

Waldeck has also served as Prudential’s chief transformation officer, CEO of Workplace Solutions Group, and president of Prudential Retirement.

Waldeck earned his bachelor’s degree from Tufts University and an MBA from the University of Michigan. He is a member of the American Council of Life Insurers (ACLI) Executive Committee.