Jackson Financial Inc.

Jackson Financial Inc. announced that Gregory T. Durant resigned from its Board of Directors on June 22, 2026, citing health reasons. Mr. Durant previously served as Chair of the Audit Committee and a member of the Compensation Committee. Steven A. Kandarian has been appointed to succeed Mr. Durant as Chair of the Audit Committee. The company confirmed that the resignation was not due to any disagreement.

Jackson Financial Inc. issued $750 million in 6.150% Senior Notes due January 15, 2037. Interest will be paid semi-annually, starting July 15, 2026. The notes are redeemable at the company's option, with specific terms before and after October 15, 2036. Proceeds are intended for general corporate purposes, including the potential repayment of existing debt, such as $400 million 5.170% Senior Notes due 2027 and $250 million 8.15% surplus notes due 2027.

Jackson Financial Inc. held its Annual Meeting of Shareholders on May 21, 2026, where all nine director nominees were elected to the Board for a one-year term. Shareholders also ratified the appointment of KPMG LLP as the company's independent auditor for the fiscal year ending December 31, 2026. Additionally, shareholders approved the executive compensation of the named executive officers through a non-binding advisory vote.

Jackson Financial Inc. announced its first quarter 2026 financial results, reporting Non-GAAP earnings of $361 million, or $5.15 per diluted common share, alongside a GAAP net loss of $(435) million, or $(6.24) per diluted common share. The company generated $288 million in free cash flow and returned $257 million in capital to common shareholders. Jackson is on track to meet its 2026 financial targets, including $900 million to $1.1 billion in capital return and free capital generation at or above $1.2 billion, supported by robust capital and liquidity.

Jackson Financial Inc. announced mixed financial results for Q1 2026, with a significant increase in retail annuity sales and free cash flow, alongside a wider GAAP net loss. Retail annuity sales grew 31% to $5.3 billion, driven by strong demand for RILA and fixed/fixed index annuities. Adjusted operating earnings per diluted share increased to $5.15, while the GAAP net loss attributable to common shareholders widened to $(435) million, primarily due to less favorable net hedging results. The company returned $257 million to shareholders and maintained a robust capital position.

Jackson Financial Inc. announced key executive leadership changes effective April 9, 2026, involving its subsidiaries. Christopher A. Raub, age 55, has been appointed President and Chief Executive Officer of PPM America, Inc. (PPM), a wholly-owned subsidiary focused on asset management. Concurrently, Laura L. Prieskorn, who serves as President and Chief Executive Officer of Jackson Financial Inc., has resumed the role of President of Jackson National Life Insurance Company, the company's primary operating subsidiary. These adjustments reflect an internal reorganization of leadership responsibilities across the company's core business units, with no reported change to Ms. Prieskorn's compensation.