Arthur F. Ryan is an American businessman who became

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

Prudential Insurance Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both Investor#Retail_investor, retail and i ...

in 2007

Early years

Arthur Ryan was born in

Brooklyn Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, be ...

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

and was raised on

Long Island Long Island is a densely populated island in the southeastern region of the U.S. state of New York (state), New York, part of the New York metropolitan area. With over 8 million people, Long Island is the most populous island in the United Sta ...

. He attended

Bishop Loughlin Memorial High School Bishop Loughlin Memorial High School is a private, Roman Catholic, co-educational, college-preparatory high school located at 357 Clermont Avenue in the Ft. Greene neighborhood of Brooklyn, New York. The school serves students in grades 9 throu ...

. He went on to attend

Providence College Providence College is a Private university, private Catholic Church, Catholic university in Providence, Rhode Island. Founded in 1917 by the Dominican Order and the Roman Catholic Diocese of Providence, local diocese, it offers 47 undergradua ...

in 1963, where he received his BA in Mathematics. Ryan served in the

U.S. Army The United States Army (USA) is the land service branch of the United States Armed Forces. It is one of the eight U.S. uniformed services, and is designated as the Army of the United States in the U.S. Constitution.Article II, section 2, cla ...

and was stationed outside of

Washington D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, Na ...

, where he took courses at

American University The American University (AU or American) is a private federally chartered research university in Washington, D.C. Its main campus spans 90 acres (36 ha) on Ward Circle, mostly in the Spring Valley neighborhood of Northwest D.C. AU was charte ...

. In 1965, Ryan was discharged from the Army, and went to work as a computer system designer, at Control Data Corporation.

Early career

From 1972 to December 1994, Ryan worked with

Chase Manhattan Bank JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and fina ...

. In 1976, Ryan became head of the entire securities processing business for Chase. In 1978, Ryan was hired by Thomas G. Labrecque to oversee the bank's domestic wholesale operations, covering check processing, wire transfers and securities services. By 1984, Ryan was appointed to an executive vice president for Chase and received a chairman position on the board.

Prudential Insurance

In 2007, Ryan was offered CEO and chairman position at

, a

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

company. Ryan asked New Jersey to launch a full investigation against the company.

New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

came up with $35 million in fines and $410 million to $1 billion for victimized policy holders. He retired from Prudential in 2008, and now lives in

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

but remains on the Board of biopharmaceutical company

Regeneron Pharmaceuticals Regeneron Pharmaceuticals, Inc. is an American biotechnology company headquartered in Westchester County, New York. The company was founded in 1988. Originally focused on neurotrophic factors and their regenerative capabilities, giving rise to i ...

Philanthropy

Arthur Ryan has provided funds to Providence College's School of Business, which was named after him in 2015. Ryan is a trustee of Prudential Foundation and the Board of

New York–Presbyterian Hospital The NewYork-Presbyterian Hospital is a Nonprofit organization, nonprofit Academic health science centre, academic medical center in New York City affiliated with two List of Ivy League medical schools, Ivy League medical schools, Weill Cornell Medic ...

. Ryan is married to his wife Patricia and has four grown children. He retired from Prudential in 2008 and now lives in

. He is the grandfather of seven.

References

* {{DEFAULTSORT:Ryan, Arthur F. Living people Prudential Financial people Bishop Loughlin Memorial High School alumni American chief executives of financial services companies Providence College alumni People from Long Island Year of birth missing (living people)