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Stock Market & Financial Investment News

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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September 12, 2014
12:07 EDTPFGPrincipal Financial, Macquarie Group join forces in CMBS market
Principal Real Estate Investors and Macquarie Group announced they are creating Principal Commercial Capital, a lending platform focused on originating and securitizing commercial mortgages in the commercial mortgage-backed securities, or CMBS, market. Principal Real Estate Investors and Macquarie will jointly manage the nationwide lending platform. Principal Real Estate Investors will source, underwrite, close and service loans. Macquarie will provide funding and capital markets expertise.

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