Jackson Financial Inc. (JXN.PA) company profile
Close on Nov 3, 2026Market cap $9.53BP/E –Yield –
About Jackson Financial
Life Insurance, SIC 6311
Jackson Financial Inc. is a financial services company that provides retirement savings and income solutions to retail and institutional clients in the United States. The company operates primarily through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. Its retail offering features a broad suite of annuities, including variable, registered index-linked, fixed index, fixed, and payout contracts, alongside retirement solutions for defined contribution plans. Jackson Financial also issues institutional spread-based products, such as traditional guaranteed investment contracts and funding agreements, while managing closed books of life insurance and annuity policies.
The company administers roughly 82% of its in-force policies through an internal technology platform and sells retail products via an extensive network of independent and regional broker-dealers, wirehouses, banks, and registered investment advisors. Its insurance subsidiaries maintain licenses to distribute products across all fifty U.S. states as well as the District of Columbia. Headquartered in Lansing, Michigan, Jackson Financial also operates offices in Chicago, Illinois, and Franklin, Tennessee.
Summary of the business section of Jackson Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Jackson Financial Inc.
- Founded
- 1961
- Headquarters
- Lansing, MI
- Address
- 1 Corporate Way 48951
- Phone
- (517) 381-5500
- Website
- jackson.com
- Employees
- 3,890, Dec 31, 2025
- Industry
- Life Insurance
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- JXN.PA
- Other tickers
- JXN
- Exchange
- NYSE
- IPO date
- Sep 1, 2021
- Shares outstanding
- 68M, Jul 27, 2026
- Public float
- $4.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1822993
- CUSIP
- 46817M107
- ISIN
- US46817M1071
- LEI
- 213800WXW2KG1N4CO374
- EIN
- 98-0486152
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Laura Louene Prieskorn | CEO and President, Director | 783,726 |
| Brian Michael Walta | EVP and CFO | 8,368 |
| Don W. Cummings | EVP and CFO | 72,014 |
| Savvas Steve Panagiotis Binioris | EVP and Chief Risk Officer | 36,955 |
| Christopher Raub | EVP JFI; CEO PPM America | 37,694 |
| Craig A. Anderson | SVP and Controller | 8,210 |
| Carrie Chelko | EVP and General Counsel | 80,940 |
| Craig Donald Smith | President and CEO PPM America | 109,116 |
| Scott Romine | President and CEO, JNLD | 77,030 |
| Devkumar Dilip Ganguly | EVP & Chief Operating Officer | 103,807 |
| Donald C. Templin | Director | – |
| Martin J. Lippert | Director | 47,964 |
| Esta E. Stecher | Director | 51,683 |
| Derek G. Kirkland | Director | 55,102 |
| Drew Lawton | Director | 30,274 |
| Lily Fu Claffee | Director | 47,964 |
| Russell G. Noles | Director | 38,366 |
| Steven A. Kandarian | Director | 114,181 |
| Gregory T. Durant | Director | 37,314 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $11.48M | $22.40M | $4.54M | $506 | $176 |
| FY2024 | $12.19M | $33.01M | $4.43M | $399 | $163 |
| FY2023 | $10.98M | $17.30M | $4.31M | $226 | $128 |
| FY2022 | $9.09M | $5.60M | $5.00M | $144 | $113 |
| FY2021 Falcon | $23.75M | $16.84M | $6.82M | $163 | $109 |
| FY2021 Laura LPrieskorn | $14.45M | $20.07M | $6.82M | $163 | $109 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Laura L. Prieskorn Chief Executive Officer, President and Director | $1.14M | $7.22M | $3.00M | $114.21K | $11.48M | -6% |
| Don W. Cummings Executive Vice President and Chief Financial Officer | $648.46K | $2.01M | $1.54M | $101.28K | $4.29M | -1% |
| Craig D. Smith President and CEO, PPM America, Inc. | $573.85K | $2.34M | $2.73M | $42.00K | $5.69M | -5% |
| Chris A. Raub Executive Vice President, JFI and President, Jackson National Life Insurance Company | $572.12K | $2.01M | $1.33M | $42.00K | $3.96M | – |
| Carrie L. Chelko Executive Vice President and General Counsel | $586.92K | $1.46M | $1.15M | $55.45K | $3.25M | -2% |
| Scott E. Romine Former President and CEO, Jackson National Life Distributors LLC | $436.56K | $1.87M | $729.79K | $2.49M | $5.52M | +38% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“We had approximately 3,890 associates as of December 31, 2025, comprised of approximately 3,090 full-time associates and approximately 800 part-time associates, including our Strategic Support Program associates (a flexible, cost-efficient, part-time workforce that provides just-in-time scale).”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 13, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 12, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 22, 2021 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |
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