Jackson Financial Inc. Announces Executive Leadership Changes

Jackson Financial Inc. has announced significant changes in its executive leadership, effective October 1, 2026. Don W. Cummings will be appointed as the new Chief Executive Officer and President, succeeding Laura L. Prieskorn, who plans to retire at the end of 2026. Prieskorn will continue to serve as an advisor until December 31, 2026, to ensure a smooth transition. Brian M. Walta has been appointed as the new Executive Vice President and Chief Financial Officer, taking over from Cummings. The company has also detailed the compensation packages for both Cummings and Walta in their new roles, which include base salary, target bonus opportunities, and long-term incentive awards. This transition follows Prieskorn's tenure, during which the company experienced demerger and growth. Cummings and Walta bring extensive experience to their new positions, aiming to build on the company's established strategies and culture.