Prudential Financial Inc. said Monday that it has hired Mark Hug to be a vice president and the chief marketing officer for the company's individual life insurance area, starting July 19.
Mr. Hug is to report to Jim Avery, the president of individual life insurance at Prudential, and he is to take up many of the responsibilities of Priscilla Myers, who is retiring after nearly 30 years at the company.
Before joining Prudential, Mr. Hug was the chief marketing officer of Allmerica Financial Services and later its president. He previously was the senior vice president of individual markets at Equitable and a vice president and sales chief at Aetna.
Prudential Financial companies had about $454 billion of assets under management at March 31.
