{"id":529302,"date":"2021-08-18T09:03:24","date_gmt":"2021-08-18T13:03:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/principal-announces-executive-promotions-within-corporate-finance-u-s-insurance-solutions\/"},"modified":"2021-08-18T09:03:24","modified_gmt":"2021-08-18T13:03:24","slug":"principal-announces-executive-promotions-within-corporate-finance-u-s-insurance-solutions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/principal-announces-executive-promotions-within-corporate-finance-u-s-insurance-solutions\/","title":{"rendered":"Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Principal<sup>\u00ae<\/sup> Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Investor Relations head transitioning to CFO of Principal International<\/i><\/b><\/p>\n<p>DES MOINES, Iowa&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPrincipal Financial Group<sup>\u00ae<\/sup> today announced senior management promotions within corporate finance and U.S. Insurance Solutions (USIS).\n<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Joel Pitz <\/b>is named <b>senior vice president and controller for Principal<sup>\u00ae<\/sup><\/b>, effective November 15. In this new role, he\u2019ll have leadership responsibilities for corporate accounting, global sourcing, and financial reporting. Pitz previously was vice president and chief financial officer for Principal International and has held several other leadership positions during his 26 years at Principal, including the corporate role of assistant vice president and chief accounting officer. He will report to Deanna Strable, chief financial officer for Principal, and succeeds Angie Sanders, who will retire after 32 years with Principal.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li><b>Nate Schelhaas<\/b> is named <b>senior vice president, in charge of protection solutions for USIS<\/b>, effective October 15. In his new role, Schelhaas will be responsible for the company\u2019s life insurance and non-qualified deferred compensation lines of business, in addition to leading product development for the business owner segment. He previously served as vice president and actuary in the individual life division of Principal focusing on product development and strategy. Schelhaas has been with the company for 24 years holding various roles including chief financial officer for the life insurance business. Schelhaas will report to Amy Friedrich, president of USIS, and succeeds Greg Linde, who will retire after nearly 30 years with Principal.\n<\/li>\n<\/ul>\n<p>\n\u201cJoel and Nate have built their careers with Principal, progressing to serve in increasingly important roles within the company,\u201d said Dan Houston, chairman, president, and CEO of Principal. \u201cI am confident in their leadership, experience, and strategic thinking to help serve our customers and guide our organization into the future.\u201d\n<\/p>\n<p>\nAfter Pitz transitions to his new role, <b>John Egan<\/b>, vice president and head of Investor Relations, will assume the role of <b>vice president and chief financial officer for Principal International<\/b>. Egan will report to Pat Halter, president of global asset management for Principal, and continue to lead investor relations until a successor has been named.\n<\/p>\n<p><b><span class=\"bwuline\">About Principal Financial Group<sup>\u00ae <\/sup><\/span><\/b><\/p>\n<p>\nPrincipal Financial Group<sup>\u00ae<\/sup> (Nasdaq: PFG) is a global financial company with 18,000 employees<sup>[1]<\/sup> passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we\u2019re helping more than 45.5 million customers<sup>[2]<\/sup> plan, insure, invest, and retire, while working to support the communities where we do business, improve our planet, and build a diverse, inclusive workforce. Principal<sup>\u00ae <\/sup>is proud to be recognized as one of the World\u2019s Most Ethical Companies<sup>[3]<\/sup>, a member of the Bloomberg Gender Equality Index, and a Top 10 \u201cBest Places to Work in Money Management<sup>[4]<\/sup>.\u201d Learn more about Principal and our commitment to sustainability, inclusion, and purpose at <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.principal.com&amp;esheet=52478642&amp;newsitemid=20210818005256&amp;lan=en-US&amp;anchor=principal.com&amp;index=1&amp;md5=a6fad4ea2b4738ffb131e49391f09806\">principal.com<\/a><\/span>.\n<\/p>\n<p><sup>[1]<\/sup> As of June 30, 2020.<br \/>\n<br \/><sup>[2]<\/sup> As of June 30, 2020.<br \/>\n<br \/><sup>[3]<\/sup> Ethisphere Institute, 2021.<br \/>\n<br \/><sup>[4]<\/sup> Pensions &amp; Investments, 2020.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210818005256r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210818005256\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210818005256\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact: Teresa Thoensen, 515-878-0800, <a rel=\"nofollow\" href=\"mailto:Thoensen.teresa@principal.com\">thoensen.teresa@principal.com<br \/>\n<\/a><br \/>Investor Contact: John Egan, 515-235-9500, <a rel=\"nofollow\" href=\"mailto:egan.john@principal.com\">egan.john@principal.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Iowa<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Accounting Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210818005256\/en\/517508\/3\/Principal_sm_rgb_150.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions Investor Relations head transitioning to CFO of Principal International DES MOINES, Iowa&#8211;(BUSINESS WIRE)&#8211; Principal Financial Group\u00ae today announced senior management promotions within corporate finance and U.S. Insurance Solutions (USIS). Joel Pitz is named senior vice president and controller for Principal\u00ae, effective November 15. In this new role, he\u2019ll have leadership responsibilities for corporate accounting, global sourcing, and financial reporting. Pitz previously was vice president and chief financial officer for Principal International and has held several other leadership positions during his 26 years at Principal, including the corporate role of assistant vice president and chief accounting officer. He will report to Deanna Strable, chief financial officer for Principal, and succeeds Angie &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/principal-announces-executive-promotions-within-corporate-finance-u-s-insurance-solutions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-529302","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/principal-announces-executive-promotions-within-corporate-finance-u-s-insurance-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Principal\u00ae Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions Investor Relations head transitioning to CFO of Principal International DES MOINES, Iowa&#8211;(BUSINESS WIRE)&#8211; Principal Financial Group\u00ae today announced senior management promotions within corporate finance and U.S. Insurance Solutions (USIS). Joel Pitz is named senior vice president and controller for Principal\u00ae, effective November 15. In this new role, he\u2019ll have leadership responsibilities for corporate accounting, global sourcing, and financial reporting. Pitz previously was vice president and chief financial officer for Principal International and has held several other leadership positions during his 26 years at Principal, including the corporate role of assistant vice president and chief accounting officer. 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