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Jackson was named after Andrew Jackson, the seventh President of the United States. [4] Jackson was founded in 1961 in Jackson, Michigan, and moved to its headquarters in Lansing, Michigan in 1976. [5] In the early years, the company focused on offering term insurance to individuals as an alternative to whole life products.
He joined Jackson National Life in 1995, as the senior vice president and the chief actuary during 1995 to 1998, then as chief operating officer during 1998 to 2001. After being acting CEO from June 2001, he was appointed CEO of Jackson National Life in late 2001, saying then that he planned to follow "an aggressive strategy of expanding ...
Wells joined the Prudential Group in 1995 as president of Jackson National Life Distributors, part of the Group's US arm, Jackson National Life. He spent 20 years in a variety of senior positions at Jackson. He was appointed as Jackson's CEO in January 2011, at which time he also joined the board of Prudential, Jackson's UK-based parent company.
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The firm was plaintiff in 1994 court case PPM America, Inc. v. Marriott Corp., 4th Circuit. [6] This was due to events beginning in 1992 by Marriott Corp. to split into two entities, giving all $2.4 billion of its debt to one of them, the less profitable, to be burdened with interest costs at 2/3 its cash flows.
In March 2010, Lansing-based Jackson National Life Insurance Company purchased the rights to name the field "Jackson Field" for 1 year. Thus, the full name of the venue was Jackson Field at Thomas M. Cooley Law School Stadium. [7] On March 12, 2014, a $22 million renovation proposal for the stadium was announced named "The Outfield."
He progressed through various roles in the UK, Hong Kong, and the US, where he was a senior vice president at Jackson National Life from 1992 to 1993. [2] He was appointed chief executive of Prudential Corporation Asia and an executive director of Prudential plc, but left the group in May 2004 after growing frustrated at the lack of upward ...
The National Rainbow Coalition (Rainbow Coalition for short) was a political organization that grew out of Jesse Jackson's 1984 presidential campaign. During the campaign, Jackson began speaking about a "Rainbow Coalition", an idea created by Fred Hampton , regarding the disadvantaged and welcomed voters from a broad spectrum of races and ...