UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 2021
Jackson Financial Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-40274 | 98-0486152 | ||
|
(State or other jurisdiction of incorporation or
organization) |
(Commission
File
Number) |
(I.R.S. Employer Identification No.) |
|
1 Corporate Way, Lansing, Michigan |
48951 |
|
| (Address of principal executive offices) | (Zip Code) |
(517) 381-5500
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Exchange on Which Registered |
| Class A Common Stock, Par Value $0.01 Per Share | JXN | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 13, 2021, Jackson Financial Inc. (the “Company”) announced that Scott Romine has been appointed President of Jackson National Life Distributors LLC (JNLD), the marketing and distribution arm of Jackson National Life Insurance Company, and Alison Reed has been named Chief Operating Officer of JNLD. Aimee DeCamillo, Executive Vice President and Chief Commercial Officer of the Company and President of JNLD has departed the Company.
| Item 7.01 | Regulation FD Disclosure. |
On December 13, 2021, the Company issued a press release regarding the appointment of Romine as President of JNLD and the appointment of Reed as COO of JNLD. A copy of that press release is furnished as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. | Description |
| 99.1 | Press release announcing leadership changes at Jackson National Life Distributors |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL Document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| JACKSON FINANCIAL INC. |
| By: | /s/ Carrie L. Chelko | |
| Carrie L. Chelko | ||
| Executive Vice President, General Counsel and Secretary |
Date: December 13, 2021
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Exhibit 99.1
Press Release
Jackson Names Scott Romine President of Jackson National Life Distributors LLC
Jackson also announces Alison Reed will have an expanded role as COO of JNLD
LANSING, Mich. ¾ December 13, 2021 ¾Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that Scott Romine has been appointed President of Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson National Life Insurance Company. Scott will also be a member of Jackson’s Executive Committee, reporting to Chief Executive Officer, Laura Prieskorn.
A 24-year Jackson veteran, Romine most recently served as President of Advisory Solutions, where he was instrumental in leading the business unit’s strategic initiatives and distribution expansion. Romine was also previously President and CEO of National Planning Holdings, Inc. (NPH), Jackson’s affiliated network of independent broker-dealers. Romine succeeds Aimee DeCamillo, Chief Commercial Officer and President of JNLD, who has departed the company.
Jackson also announced Alison Reed’s expanded role as the Chief Operating Officer of JNLD. In this role, Reed will be responsible for Distribution Services, Distribution Marketing and Product Solutions, reporting to Romine. Reed has been with Jackson almost twenty years and has worked in various leadership roles, including annuity product management and NPH.
“Scott and Alison are talented leaders who bring proven track records of driving growth and innovation,” said Prieskorn. “Their knowledge of Jackson’s products, distribution partners and our distribution organization is extensive and fully aligned with Jackson’s strategic focus of diversifying through product and distribution partner expansion.”
Prieskorn continued, “On behalf of the entire organization, I thank Aimee for her contributions to Jackson and wish her all the best in the future.”
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ABOUT JACKSON
Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all of our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.
Visit https://investors.jackson.com to view information regarding Jackson Financial Inc. We use this website as a primary channel for disclosing key information to our investors, some of which may contain material and previously non-public information.
1 Jackson Financial Inc. is a U.S. holding company and the direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned subsidiaries of JHLLC include Jackson National Life Insurance Company, Brooke Life Insurance Company, PPM America, Inc. and Jackson National Asset Management, LLC.
*SQM (Service Quality Measurement Group) Contact Center Awards Program for 2004 and 2006-2020. (To achieve world-class certification, 80% or more of call-center customers surveyed must have rated their experience as very satisfied, the highest rating possible).
Jackson National Life Insurance Company is a wholly owned subsidiary of Jackson Financial Inc. Jackson Financial Inc. is a publicly traded company. Prudential plc and Athene Life Re Ltd. each hold a minority economic interest in Jackson Financial Inc. Prudential plc has no relation to Newark, New Jersey-based Prudential Financial, Inc.
Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).
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Media Contact:
Patrick Rich
patrick.rich@jackson.com
Investor Relations Contact:
Andrew Campbell
andrew.campbell@jackson.com