On August 21, 2024, Principal Financial Group appointed Deanna Strable as President and Chief Operating Officer. Strable, who has served as the company's Executive Vice President and Chief Financial Officer since 2017, will now oversee Principal's three main business units: retirement and income solutions, benefits and protection, and asset management. Strable has been with Principal since 1990, holding various roles, including President of the workplace benefits and insurance business, and has been pivotal in driving the company's strategic and financial success.
In conjunction with this transition, Joel Pitz has been named interim Chief Financial Officer. Pitz, who has been with Principal for nearly 30 years, brings extensive experience in financial management, having previously served as CFO for the international pension and long-term savings business. Principal Financial Group, a global financial services company with a workforce of 20,000, is renowned for its commitment to ethical practices and diversity, serving over 62 million customers worldwide.
