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Stock impact report

Craig Smith to Retire as PPM America President and CEO [Yahoo! Finance]

Jackson Financial Inc. Class A (JXN) 
Company Research Source: Yahoo! Finance
America, Inc. (PPM), an indirect, wholly-owned subsidiary of Jackson, announced today that after nearly 20 years of service, Craig Smith, President and Chief Executive Officer of PPM, intends to retire on December 31, 2025. While a search is conducted for his successor, Smith will begin to transition his day-to-day leadership responsibilities of PPM to Chris Raub, President, Jackson National Life Insurance Company (JNLIC), who will serve as the interim leader of PPM following Smith's retirement. "I am deeply appreciative of Craig's steadfast leadership and contributions over the years. During his tenure, he helped PPM navigate significant change and helped establish Jackson's successful track record as a stand-alone public company," commented Laura Prieskorn, President and Chief Executive Officer of Jackson. "Craig has fostered a collaborative, client-centric approach, positioning PPM and Jackson well for future growth and success. I wish Craig the absolute best in retirement." "I Show less Read more
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