Jackson Financial announces future retirement of CFO Wadsten

Jackson Financial announced that after more than 32 years of dedicated and outstanding service, Executive Vice President and Chief Financial Officer Marcia Wadsten intends to retire from Jackson on June 3, 2024. It is expected that Don Cummings, the Company’s current Senior Vice President, Chief Accounting Officer and Controller will be appointed Chief Financial Officer as of June 3, 2024. He will succeed Wadsten, who is also expected to continue as an advisor to the Company for a period of time to support transition efforts. “Marcia was instrumental in our transition to an independent public company, building our relationships with ratings agencies, analysts and institutional shareholders and most recently with the establishment of Brooke Life Reinsurance Company. Her positive contributions to Jackson are innumerable and her steadfast commitment to being a steward of the company’s capital will be felt for years to come,” stated Laura Prieskorn, President and Chief Executive Officer of Jackson. “I am pleased that our approach to cultivating talent and succession planning allows for a smooth transition of responsibilities. Don has been a valuable member of our executive management team since he joined Jackson. We are confident in his ability to build on our strong track record of financial strength and performance and look forward to the leadership he will provide in this new role.”