Prudential Chairman and CEO John Strangfeld today expressed condolences to the family of the late U.S. Representative Donald Payne. The company issued the following statement:
“During his distinguished political career, particularly his 23 years as representative for New Jersey’s 10
congressional district, we witnessed firsthand Rep. Payne’s deep concern for and tireless commitment to his constituents, especially in Prudential’s hometown of Newark. As the first African-American Congressional representative from New Jersey, Rep. Payne established a proud and remarkable legacy and opened the doors of opportunity to many.
“While never wavering in his commitment to his home state and district, Rep. Payne was a compassionate and energetic voice for people in need around the world. As a steadfast champion of education and civil rights, as well as a passionate advocate for aid to Africa, he had an impact far beyond the borders of his district, state and nation. Thanks to Rep. Payne’s devoted efforts, children and families around the world can enjoy happier, healthier lives.
“Prudential also benefited directly from Rep. Payne’s insights and dedication during his distinguished tenure as a Prudential employee. We are proud to remember him as a member of the Prudential family.
“We join in mourning the loss of a true leader, an inspiring pioneer and a remarkable man. Our thoughts and prayers are with his family.”
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $901 billion of assets under management as of December 31, 2011, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit