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News Breaks
August 7, 2014
14:28 EDTPFGPrincipal Financial names Elizabeth Brady as Chief Marketing Officer
The Principal Financial Group announced that Elizabeth Brady has joined the company as senior vice president and chief marketing officer, effective September 2. As CMO, Brady assumes overall responsibility for global marketing, including branding, advertising, media relations, digital marketing, sponsorships, data analytics, multi-cultural marketing, research and business intelligence. She will be based in Des Moines, Iowa. She replaces Mary O’Keefe, who retired from The Principal in June. Most recently, Brady served as president of segmentation solutions at Nielsen Corporation, New York, N.Y. Prior to her current role, she was the global head of marketing effectiveness also at Nielsen.
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November 27, 2015
13:22 EDTPFGPrincipal Financial to hold a conference call
President & CEO Houston and EVP & CFO Lillis provide company outlook for 2016 and an update on capital management on a conference call to be held on December 3 at 10 am. Webcast Link
November 24, 2015
11:51 EDTPFGLaw firm says judge approves settlement with Principal Financial
Law firm Bailey & Glasser announced that a U.S. District Judge granted final approval to a settlement negotiated with Principal Financial, which it says had been accused of violating its fiduciary obligations by charging excessive administrative fees to employees investing their retirement plans in Principal funds in violation of the Employee Retirement Income Security Act. The settlement involves a payout of $3M into a settlement fund and an agreement by Principal to redyce such fees going forward by at least $8.1M.

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