May 19, 2010 - #73

Winners Selected in HU and Prudential Financial Case Competition

Hampton, VA -Hampton University graduate and undergraduate students competed in teams in this year’s Prudential Financial, Inc. case competition, held in collaboration with Hampton University’s School of Business. Teams were asked to develop and recommend long-term strategies for a fictitious, leading variable annuity company. The top place team, Sylvester Bryce, Diane Maisonet and Brittany Henry received a $21,000 cash award. Runner-ups were awarded an Apple Macbook computer and third place team members received an Apple iPad.

“This is our fourth year sponsoring the case competition with Hampton, and it clearly demonstrates our commitment to developing strong diverse talent,” said Rich Carbone, chief financial officer of Prudential Financial. “This event not only provides an opportunity for students to respond to real-world business challenges, it also gives us a chance to identify top recruits for future positions within Prudential.”

The business case competition is the highlight of Prudential’s ongoing partnership with Hampton University, one of the nation’s premier historically black colleges and universities. Executives from Prudential’s annuities business developed this year’s case study. Five teams prepared and presented their recommendations to a panel of Prudential Executives who traveled to the university to meet with competitors.

Finalists were invited to Prudential’s headquarters in Newark, N.J. for a full day of events, including the presentation of their strategies to a panel of senior executives. Following the presentations, the executive panel awarded the grand prize to Bryce, Maisonet and Henry of team BMH Consulting.

“We enjoy our relationship with Prudential Financial,” stated Sid H. Credle, dean of the Hampton University School of Business. “The annual case competition is an outstanding vehicle to provide technical, analytical and presentation skills for our students, while providing a competitive recruitment strategy for Prudential. We are very proud of our student’s performance on what was truly a complex and difficult technical project.”

Prior to the competition, Diane Maisonet was offered an internship in the Finance division. And as a result of their performance two other Hampton University students, Sylvester Bryce and Zachary Thompson also received internship offers.

# HU #

For more information contact Naima A. Gethers @ 757.727.5457 or email naima.gethers@hamptonu.edu.

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