Board of directors (11)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (11)
Company facts
- Chair
- —
- In S&P 500 since
- Jul 2002
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC industry
- Accident & Health Insurance
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| May 21, 2026 | Wee Yee Cheong President - Asia & Middle East | Sale | 7,534 | $103.16 | $777K |
| May 20, 2026 | Wee Yee Cheong President - Asia & Middle East | Sale | 3,211 | $103.06 | $331K |
| May 1, 2026 | Wee Yee Cheong President - Asia & Middle East | Sale | 9,183 | $101.26 | $930K |
| Apr 30, 2026 | Wee Yee Cheong President - Asia & Middle East | Sale | 4,737 | $101.01 | $478K |
| Apr 30, 2026 | George Djurasovic Interim General Counsel | Sale | 1 | $99.63 | $99 |
| Apr 29, 2026 | Wee Yee Cheong President - Asia & Middle East | Sale | 1,080 | $101.00 | $109K |
| Apr 28, 2026 | George Djurasovic Interim General Counsel | Sale | 2,571 | $100.83 | $259K |
| Feb 9, 2026 | Claudio Muruzabal Director | Buy | 5 | $97.09 | $485 |
| Jan 30, 2026 | Deanna D. Strable-Soethout Chair, President and CEO | Sale | 7,340 | $95.00 | $697K |
| Jan 29, 2026 | Deanna D. Strable-Soethout Chair, President and CEO | Sale | 9,300 | $95.12 | $885K |
| Jan 22, 2026 | Deanna D. Strable-Soethout Chair, President and CEO | Sale | 8,025 | $92.56 | $743K |
| Jan 8, 2026 | Deanna D. Strable-Soethout Chair, President and CEO | Sale | 300 | $92.50 | $28K |
| Nov 12, 2025 | Wee Yee Cheong President - Asia & Middle East | Sale | 1,887 | $85.04 | $160K |
| Apr 21, 2025 | Claudio Muruzabal Director | Sale | 5 | $70.05 | $350 |
| Jan 2, 2025 | Claudio Muruzabal Director | Buy | 5 | $77.49 | $387 |
| Oct 19, 2022 | Sandra L. Helton Director | Sale | 1,000 | $80.02 | $80K |
| Oct 18, 2022 | Sandra L. Helton Director | Sale | 14,033 | $80.05 | $1.1M |
| Sep 13, 2022 | Wee Yee Cheong President - Asia & Middle East | Sale | 2,447 | $78.45 | $192K |
| Aug 22, 2022 | Roberto Walker EVP, Principal Latin American | Sale | 9,000 | $76.95 | $693K |
| Aug 19, 2022 | Roberto Walker EVP, Principal Latin American | Sale | 12,975 | $78.04 | $1.0M |
| Aug 18, 2022 | Roberto Walker EVP, Principal Latin American | Sale | 15,000 | $78.34 | $1.2M |
| Aug 17, 2022 | Roberto Walker EVP, Principal Latin American | Sale | 6,000 | $78.58 | $471K |
| Aug 15, 2022 | Renee Schaaf V President - RIS | Sale | 6,250 | $79.21 | $495K |
| Aug 9, 2022 | Sandra L. Helton Director | Sale | 15,000 | $72.90 | $1.1M |
| May 25, 2022 | Wee Yee Cheong President - Asia & Middle East | Sale | 10,000 | $71.00 | $710K |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Aug 19, 2025
On August 17, 2025, the Board of Directors (the “ Board ”) of Principal Financial Group, Inc. (the “ Company ”) elected Deanna D. Strable, the Company’s President, Chief Executive Officer and a member of the Board, to the additional position of Chair of the Board, effective September 2, 2025. At that time, Daniel J. Houston, the Company’s current Executive Chairman and former President and Chief Executive Officer, will conclude his service on the Board. A copy of the news release announcing Ms. Strable’s election as Chair and Mr. Houston’s conclusion of service on the Board is attached as Exhibit 99.1.
Read the 8-K filing - May 20, 2025
(c) On May 19, 2025, Principal Financial Group, Inc. (the “ Company ”) named Joel Pitz Executive Vice President and Chief Financial Officer. Mr. Pitz, age 52, joined the Company in 1995 and most recently served as Senior Vice President and Interim Chief Financial Officer beginning in August 2024. Prior to that role, Mr. Pitz served as Senior Vice President and Controller from 2021 to August 2024, and as Vice President and Chief Financial Officer, Principal International from 2016 to 2021. Mr. Pitz has held other senior leadership roles since joining the Company. In his role as Executive Vice President and Chief Financial Officer, Mr. Pitz will receive an annual base salary of $552,500 with a target annual incentive compensation of 200% of base salary and a long-term incentive target of $2,348,125 in the form of restricted stock units. Mr.
Read the 8-K filing - Nov 14, 2024
On November 12, 2024, Principal Financial Group, Inc. (the “ Company ”) announced that Daniel J. Houston will retire from his position as Chief Executive Officer of the Company effective January 7, 2025, a position he has held since 2015. Mr. Houston will continue to serve as Executive Chairman following his retirement from the role of Chief Executive Officer. Upon assuming his role as Executive Chairman, Mr. Houston will have an annual base salary of $1,100,000, a target annual incentive compensation of 375% of his base salary, and a long-term incentive grant of $4,240,000 in the form of restricted stock units. Also, on November 11, 2024, the Board of Directors of the Company (the “ Board ”) appointed Deanna Strable as the Company’s Chief Executive Officer and a Class III member of the Board effective January 7, 2025. She will continue to serve as the Company’s President. Ms.
Read the 8-K filing - Aug 21, 2024
(c) On August 20, 2024, the Board of Directors (the “ Board ”) of Principal Financial Group, Inc. (the “ Company ”) appointed Deanna Strable as President and Chief Operating Officer. Ms. Strable, age 55, most recently served as the Company’s Executive Vice President and Chief Financial Officer, a position she held since 2017. Prior to serving as the Company’s Executive Vice President and Chief Financial Officer, Ms. Strable served as President, U, S. Insurance Solutions from 2015 to 2017. She joined the Company in 1990 as an actuarial assistant and has served in various actuarial and management roles. Daniel J. Houston who has held the role of President, Chief Executive Officer and Chairman of the Board will continue as Chief Executive Officer and Chairman of the Board. In connection with Ms.
Read the 8-K filing - Jan 11, 2024
(b) On January 11, 2024, Principal Financial Group, Inc. (the “Company”) announced the retirement of Patrick G. Halter, President and Chief Executive Officer of Principal Asset Management, effective April 2, 2024. Mr. Halter will assume the interim role of Division President of Principal Asset Management effective February 10, 2024, until his retirement on April 2, 2024. Kamal Bhatia, who currently serves as Senior Executive Managing Director and Global Head of Investments of Principal Asset Management, President of Principal Funds and Chairman of Principal Funds Board, will become President and Chief Executive Officer of Principal Asset Management, effective February 10, 2024. A copy of the press release announcing Mr. Halter’s retirement and Mr. Bhatia's appointment is attached hereto as Exhibit 99.1.
Read the 8-K filing - May 22, 2023
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (b) Michael T. Dan retired from service as a director on the Board of Directors of Principal Financial Group, Inc. (the “Company”) at the conclusion of the Company’s annual meeting of shareholders held on May 16, 2023 (the “2023 Annual Meeting”) in compliance with the Company’s policy that the term of a director shall not extend beyond the annual meeting following the director’s 72 nd birthday.
Read the 8-K filing - May 18, 2022
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On May 16, 2022, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected H. Elizabeth Mitchell as a new director of the Company and of Principal Life Insurance Company, effective May 18,2022. There is no arrangement or understanding between Ms. Mitchell and any other person pursuant to which Ms. Mitchell was selected as a director. Ms. Mitchell has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Ms. Mitchell will serve as a member of the Audit and Finance committees of the Board of Directors. Ms.
Read the 8-K filing - Nov 24, 2021
On November 22, 2021, the Human Resources Committee (the “Committee”) of the Board of Directors of Principal Financial Group, Inc. (the “Company”) approved the adoption of an amended form of the Principal Financial Group, Inc. and Principal Life Insurance Company Change of Control Employment Agreement (the “Form Change of Control Employment Agreement”). The Form Change of Control Employment Agreement, which will be effective as of December 18, 2021, will be entered into by and between the Company and each of its named executive officers and will supersede each named executive officer’s current Change of Control Employment Agreement. The Form Change of Control Employment Agreement provides for the same severance entitlements and material terms and conditions as the Company’s current publicly disclosed Change in Control Employment Agreements with its named executive officers.
Read the 8-K filing - Aug 19, 2021
On August 16, 2021, the Board of Directors (the “Board”) of Principal Financial Group, Inc. (the “Company”) approved the adoption of the Principal Financial Group, Inc. Executive Severance Plan (the “Plan”). The Plan will become effective on September 1, 2021. Each of the Company’s employees who has been designated part of the Executive Management Group (“EMG”) of the Company and/or has been appointed by the Company’s Board of Directors as an officer with the title of Senior Vice President or an equivalent title such that the Human Resources Committee of the Company’s Board of Directors determines the employee’s compensation (the “Executive Officers”) are eligible to participate in the Plan. The Board approved the adoption of the Plan, upon recommendation of the Human Resources Committee of the Board, to align the Company’s non-change of control severance practices with market.
Read the 8-K filing - Apr 27, 2021
On February 21, 2021, Principal Financial Group, Inc., a Delaware corporation (the “ Company ”), entered into a cooperation agreement (the “ Cooperation Agreement ”) with Elliott Investment Management L.P., a Delaware limited partnership, Elliott Associates, L.P., a Delaware limited partnership, and Elliott International, L.P., a Cayman Islands limited partnership (collectively, “ Elliott ”). In accordance with the Cooperation Agreement, on April 26, 2021 the Board appointed Claudio Muruzabal (the “ New Independent Director ”) to the Board as a Class I member, with an initial term expiring at the 2023 Annual Meeting, effective on July 1, 2021. The Board has affirmatively determined, upon the recommendation of its Nominating and Governance Committee, that the New Independent Director is “independent” under the rules of the Nasdaq Global Select Market LLC.
Read the 8-K filing - Feb 22, 2021
In accordance with the Cooperation Agreement, on February 21, 2021 the Board appointed the New Independent Director to the Board as a Class I member, with an initial term expiring at the 2023 Annual Meeting, effective 5:00 p.m., Central Time, on February 23, 2021. The Board has affirmatively determined, upon the recommendation of its Nominating and Governance Committee, that the New Independent Director is “independent” under the rules of the Nasdaq Global Select Market LLC. The Board has also determined, upon the recommendation of its Nominating and Governance Committee, to appoint the New Independent Director to the Finance Committee. The New Independent Director will receive compensation consistent with that received by the Company’s other non-employee directors.
Read the 8-K filing - Nov 30, 2020
On November 30, 2020, the Board of Directors of Principal Financial Group, Inc. promoted Roberto Walker, senior vice president and president of Principal Latin America, to the position of executive vice president of Principal Latin America. Thomas Cheong, senior vice president and president of Principal Asia, is being promoted to executive vice president of Principal Asia. Walker and Cheong will assume their new responsibilities effective January 1, 2021. Luis Valdes, the current president and CEO of Principal International, announced his intention to retire on March 31, 2021. Valdes will serve as chairman of the Principal International board for two years following his retirement. A press release on this topic is included with this report as Exhibit 99.
Read the 8-K filing - Nov 30, 2020
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On November 25, 2020, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected Alfredo Rivera as a new director of the Company and of Principal Life Insurance Company, effective November 25, 2020. There is no arrangement or understanding between Mr. Rivera and any other person pursuant to which Mr. Rivera was selected as a director. Mr. Rivera has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Mr. Rivera will serve as a member of the Audit and Human Resources committees of the Board of Directors. Mr.
Read the 8-K filing - Sep 24, 2020
On September 24, 2020, the Board of Directors of Principal Financial Group, Inc. appointed Pat Halter, chief executive officer and president of Principal Global Investors, to the position of president of Principal Global Asset Management. Kamal Bhatia, president of Principal Funds, is being appointed to chief operating officer for Principal Global Investors. Halter and Bhatia will assume their new responsibilities effective November 7, 2020. Tim Dunbar, the current president of Principal Global Asset Management, announced his intention to retire at the end of 2020. A press release on this topic is included with this report as Exhibit 99.
Read the 8-K filing - Jun 1, 2020
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On May 26, 2020, the Board of Directors of Principal Financial Group, Inc. (the “Company”) appointed Clare S. Richer as a new director of the Company and of Principal Life Insurance Company, effective May 26, 2020. There is no arrangement or understanding between Ms. Richer and any other person pursuant to which Ms. Richer was selected as a director. Ms. Richer has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Effective with her appointment, Ms. Richer will serve as a member of the Audit and Human Resources committees of the Board of Directors. Ms.
Read the 8-K filing
Show 9 older changes
- Oct 18, 2019
On October 15, 2019, Betsy J. Bernard, a director of Principal Financial Group, Inc. (the “Company”), informed the Company of her decision to decline to stand for re-election at the Company’s next annual meeting of shareholders, scheduled for May 19, 2020. Ms. Bernard’s decision is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.
Read the 8-K filing - Aug 20, 2019
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On August 19, 2019, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected Jonathan S. Auerbach as a new director of the Company and of Principal Life Insurance Company, effective September 15, 2019. There is no arrangement or understanding between Mr. Auerbach and any other person pursuant to which Mr. Auerbach was selected as a director. Mr. Auerbach has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Effective with the Board’s annual retreat to be held in September, Mr. Auerbach will serve as a member of the finance and nominating and governance committees of the Board of Directors. Mr.
Read the 8-K filing - Nov 28, 2018
On November 26, 2018, the Board of Directors of Principal Financial Group, Inc. appointed Renee Schaaf, senior vice president and chief operating officer of Principal International, to the position of president of Retirement and Income Solutions (“RIS”), effective March 1, 2019. Nora Everett, the current president of RIS, announced her intention to retire no later than the end of the first quarter of 2019. A press release on this topic is included with this report as Exhibit 99.
Read the 8-K filing - Sep 10, 2018
On September 4, 2018, the Board of Directors of Principal Financial Group, Inc. (the "Company") appointed Timothy M. Dunbar to the position of president, global asset management, and Patrick G. Halter to the position of chief executive officer of Principal Global Investors, in each case effective today, September 10, 2018. Also effective today, James P. McCaughan stepped down from his role as president, global asset management, and chief executive officer of Principal Global Investors. Mr. McCaughan will remain an employee of the Company until September 30. A press release on this topic is included with this report as Exhibit 99.1.
Read the 8-K filing - Oct 26, 2017
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On October 25, 2017, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected Diane C. Nordin as a new director of the Company and of Principal Life Insurance Company, effective immediately. There is no arrangement or understanding between Ms. Nordin and any other person pursuant to which Ms. Nordin was selected as a director. Ms. Nordin has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Effective with the next regularly scheduled meetings to be held in November, Ms. Nordin will serve as a member of the audit and human resources committees of the Board of Directors. Ms.
Read the 8-K filing - Sep 20, 2016
On September 19, 2016, the Board of Directors of Principal Financial Group, Inc. (the “Company”) appointed Deanna D. Strable-Soethout to the position of executive vice president, Principal, effective September 20, 2016, and to the position of chief financial officer, effective February 14, 2017. Ms. Strable currently holds the position of president of the United States Insurance Solutions segment of the Company and will continue in that role until her successor is named. A press release on this topic is included with this report as Exhibit 99. Terrance J. Lillis currently serves as the Company’s executive vice president and chief financial officer. Mr. Lillis previously announced his intention to retire no later than the end of the first quarter of 2017, and now plans to retire no later than April 30, 2017. Mr.
Read the 8-K filing - Jul 27, 2016
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers (d) On July 27, 2016, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected Scott M. Mills as a new director of the Company and of Principal Life Insurance Company, effective immediately. There is no arrangement or understanding between Mr. Mills and any other person pursuant to which Mr. Mills was selected as a director. Mr. Mills has no material interest in any prior, existing or proposed transaction or series of transactions with the Company or its management. Effective with the next regularly scheduled meetings to be held in August, Mr. Mills will serve as a member of the audit and human resources committees of the Board of Directors. Mr.
Read the 8-K filing - Mar 23, 2016
Larry D. Zimpleman, a director and chairman of the board of directors of Principal Financial Group, Inc. and its subsidiary Principal Life Insurance Company, has decided to decline to stand for re-election to the board when his current term expires at the conclusion of Principal Financial Group, Inc.'s annual meeting of shareholders on May 17, 2016. Mr. Zimpleman's decision is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. The press release announcing Mr. Zimpleman’s decision not to stand for re-election is included herewith as Exhibit 99.
Read the 8-K filing - Feb 25, 2016
Terrance J. Lillis, executive vice president and chief financial officer of Principal Financial Group, Inc. and its subsidiary Principal Life Insurance Company, plans to retire from the companies no later than the end of the first quarter of 2017. The press release announcing Mr. Lillis's retirement is included herewith as Exhibit 99.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $15.6B | $1.2B | 7.6% | $5.25 | $341.4B |
| FY2024 | $16.1B | $1.6B | 9.7% | $6.68 | $313.7B |
| FY2023 | $13.7B | $623.2M | 4.6% | $2.55 | $305.0B |
| FY2022 | $17.5B | $4.8B | 27.1% | $18.63 | $290.9B |
| FY2021 | $14.4B | $1.6B | 11.0% | $5.79 | $304.7B |
| FY2020 | $14.7B | $1.4B | 9.5% | $5.05 | $296.6B |
| FY2019 | $16.2B | $1.4B | 8.6% | $4.96 | $276.1B |
| FY2018 | $14.2B | $1.5B | 10.9% | $5.36 | $243.0B |
Former directors and officers (23)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.