Jackson National Life Insurance Company(Jackson) today announced several changes in senior leadership, including the impending departure of Clifford Jack as executive vice president and head of retail at the end of the year to pursue other opportunities.
Since joining Jackson in 1995 as a senior vice president, Jack has held a series of leadership positions in the firm. He was instrumental in the development of Jackson’s variable annuity product line and has been a key architect of Jackson’s industry-leading distribution and organic growth strategy. Jack also launched National Planning Holdings, Inc., Jackson’s affiliated broker-dealer network, and Curian Capital, LLC, Jackson’s asset management subsidiary, serving as the first president and chief executive officer for both firms. He served as the chairman of the Insured Retirement Institute during the turbulent global financial crisis and is currently involved with many local charities.
“I personally thank Clifford for his dedication, exceptional leadership and friendship over the past two decades, as well as his many accomplishments and contributions to Jackson’s success,” said Michael Wells, Jackson’s president and chief executive officer. “He will be truly missed, and we wish both Clifford and his family all the best in the future.”
Greg Cicotte will assume the role of head of U.S. wealth management and distribution, a newly created position that will replace the role held by Jack. Cicotte currently serves as president of Jackson National Life Distributors LLC (JNLD), the sales and marketing arm of Jackson. In Cicotte’s new role, he will be responsible for overall product, marketing and distribution strategy and execution across all of Jackson’s U.S. businesses. He will report to Wells.
