Prudential announced that its Board of Directors has elected Dr. Harold Davis, Kenneth H. Montgomery, Edward M. Rafter, III, and Scott Sleyster to the corporate rank of senior vice president.

Davis, who joined Prudential in 1987 as vice president, Employee Health Services, has served as the company's chief ethics officer for the past three years. Davis will retain his title as chief ethics officer and continue to have overall responsibility for the Enterprise Ethics Office, as well as co-chair the new Prudential Employment Dispute Resolution Program -- Roads to Resolution.

Montgomery joined Prudential in 1997 from Putnam Investments and was recently named president of Prudential Retirement Services, in April. He will retain this title as a newly promoted senior vice president. Montgomery oversees Prudential's 401(k) and other defined contribution programs, as well as defined benefit administration services for traditional pension plans.

Rafter joined Prudential in 1997 and was named president and CEO of Prudential Property and Casualty in November 1998. He will retain this title as a newly promoted senior vice president.

Sleyster, who joined Prudential in 1987, was recently named president, Guaranteed Products and will retain that title as well. As president of Guaranteed Products, Sleyster oversees Prudential's guaranteed investment contract, group annuity, and funding agreement businesses and activities serving institutional client needs in both the qualified and non-qualified pension markets. 

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