Principal Financial Group announced the appointment of Deanna Strable as the company’s next President and Chief Executive Officer, effective January 7, 2025. Strable, who previously served as President and Chief Operating Officer, will succeed Dan Houston in this role. This leadership transition marks a significant development for the company's strategic direction.
Dan Houston will continue his service as executive chair of the Board of Directors, providing continuity and strategic oversight. Strable's promotion follows a distinguished career at Principal, where she has held various leadership positions, including Chief Financial Officer from 2017-2024. Her extensive experience is expected to guide the company's future growth.
The appointment of an internal candidate like Strable, with a deep understanding of Principal's operations and strategy, signals a commitment to stable leadership. This transition is anticipated to maintain the company's focus on its core businesses and strategic initiatives, ensuring a consistent path forward for shareholders and customers.
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