Principal Financial Group said on August 17, 2025 its board of directors 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.

1. 01

   Principal Financial Group said on August 17, 2025 its board of directors 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.

2. 02

   The company said Daniel J. Houston, its current executive chairman and former president and chief executive officer, will conclude his service on the board when Strable's appointment as chair becomes effective. The news release explained that Houston has served as chair since 2016 and served as president and chief executive officer through January 7, 2025.

3. 03

   The company said Strable joined as an actuarial assistant in 1990, was named president of Benefits & Protection in 2015, served as chief financial officer from 2017 to 2024, and assumed her current role as president and chief executive officer in January 2025.

4. 04

   The company said independent lead director Scott Mills stated that the board has full confidence in Strable's leadership, and noted that Houston held many leadership positions during his 40 years with the company.

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Original filing

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