Deanna Strable Elected Principal® Board Chair
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"We are grateful for Dan’s leadership and dedication which have advanced Principal and helped our customers build strong financial futures,” says Strable. “I look forward to building upon our foundation of innovation, inclusion, and service to meet our customers’ needs while driving growth and shareholder value.”
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“It has been my honor to lead Principal and its global employee community for the past decade. With Deanna’s exceptional leadership, instrumental in shaping and executing our ambitious growth strategy, Principal is well-positioned for the future through integrated capabilities which create distinct competitive advantages across high-value markets,” says Houston.
Strable Background
Strable joined Principal in 1990 as an actuarial assistant and held many leadership positions as she progressed in the organization. For more than two decades she has been instrumental in leading business strategy and operations, holding senior management roles as Principal has gone through significant growth and transformation. She helped build the company’s Benefits and Protection business, becoming the first leader of its specialty benefits division before spearheading the integration with the life insurance business. She was named president of Benefits & Protection in 2015. Strable then served as chief financial officer from 2017-2024, when she was named president and chief operating officer. She assumed her current role as president and chief executive officer in
Strable is a member of the board of directors for Elevance Health, Inc., and
About
Principal Financial Group® (Nasdaq: PFG) is a global financial company with approximately 20,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for 146 years, we’re helping over 70 million customers1 plan, insure, invest, and retire, while working to support the communities where we do business and building an inclusive workforce. Principal® is proud to be recognized as one of the 2025 World’s Most Ethical Companies2 and named as a Best Places to Work in Money Management3. Learn more about Principal and our commitment to building a better future at principal.com.
1 As of
2
3 Pensions & Investments, 2024
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