Newark, NJ, United States
Stuart Parker is president and CEO of PGIM Investments, a manufacturer and distributor of retail products globally for PGIM. PGIM is the global investment management business of Prudential Financial, Inc. PGIM Investments is the 4th-fastest mutual fund family in organic AUM growth in the U.S.* Stuart is also responsible for the Strategic Investment Research Group, which provides due diligence oversight for third-party investment managers across the Prudential platforms.
Prior to his current position, Stuart was executive vice president, head of retail, for both Jennison Associates’ sub-advisory relationships and PGIM Investments’ retail distribution of mutual funds and managed accounts. Before joining Jennison, Stuart spent 14 years at Citigroup Asset Management in a variety of roles related to retail distribution.
Stuart earned a bachelor’s degree in history from Rollins College and an M.B.A. from Thunderbird, The American Graduate School of International Management. He is on the executive committee and is the audit chair of the Investment Company Institute. He is also president and an interested director of PGIM Funds. Stuart resides in Darien, CT, with his wife and two children.
*Source: Simfund; excludes exchange-traded funds and money market funds. Mutual fund AUM growth is among the top 50 industry competitors between 2008 and 2019.