Prudential Financial Elects Douglas Scovanner to Board of Directors [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) Prudential Financial, Inc. announced that Douglas Scovanner has been elected to the company's Board of Directors as an independent director, effective Nov. 11.
According to a release, Scovanner will be a member of the board's Audit committee.
Scovanner is currently the managing member of Comprehensive Financial Strategies.
Previously, Scovanner was executive vice president and chief financial officer of Target Corp. until March 2012. Prior to joining Target, Scovanner served as senior vice president of finance at The Fleming Companies, Inc., and vice president and treasurer at Coca- Cola Enterprises Inc.
"With his keen business acumen, broad financial knowledge and demonstrated leadership, Doug will be a valuable resource to Prudential's board of directors," said John Strangfeld, chairman and CEO of Prudential Financial. "We are pleased to welcome him to our board, and we anticipate that our company will benefit greatly from his perspective and experience."
Scovanner has served on the boards of several organizations, including TCF Financial Corp., the Minnesota Orchestral Association, and the Greater Metropolitan Housing Corp. In addition, he is a former trustee of the Darden School Foundation of the Darden School of Business at the University of Virginia.
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