8-K
filed May 22, 2023, 7:59 PM ET
ticker PFG
CIK 0001126328
other material
confidence high
sentiment neutral
materiality 0.30
Principal Financial Group holds 2023 annual meeting; director Dan retires, all board nominees elected
PRINCIPAL FINANCIAL GROUP INC
- Director Michael T. Dan retired at May 16, 2023 annual meeting per mandatory retirement policy (72nd birthday).
- Shareholders elected six directors: Auerbach, Beams, Carter-Miller, Mills, Muruzabal, Mitchell; all received >148M votes.
- Advisory vote on executive compensation approved with 161.4M for (93.3% of votes cast).
- Advisory vote on frequency: one year favored with 161.3M votes; company will disclose determination within 150 days.
- Ratification of Ernst & Young as independent auditor passed with 174.4M for, 6.0M against.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael T. Dan retired as Director at PRINCIPAL FINANCIAL GROUP INC.
- Action
- retired
- Role
- Director
Exact text from the filing
Michael T. Dan retired from service as a director on the Board of Directors of Principal Financial Group, Inc. (the “Company”) at the conclusion of the Company’s annual meeting of shareholders held on May 16, 2023
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PRINCIPAL FINANCIAL GROUP INC shareholders approved Ratification of Appointment of Independent Registered Public Accountants at the 2023-05-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
(4) Ratification of Appointment of Independent Registered Public Accountants 174,351,224 5,986,733 265,469 ---
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory Vote on the Frequency of Advisory Votes to Approve Executive Compensation of Named Executive Officers at the 2023-05-16 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
(3) Advisory Vote on the Frequency of Advisory Votes to Approve Executive Compensation of Named Executive Officers: One Year: 161,342,936 14,271,728 Two Years: 265,023 14,271,728 Three Years: 4,407,945 14,271,728 Abstain: 315,794 14,271,728
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PRINCIPAL FINANCIAL GROUP INC shareholders approved Election of five Class I directors and one Class III director at the 2023-05-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
The voting results were as follows: (1) Election of Directors VOTES FOR VOTES AGAINST ABSTAINED BROKER NON-VOTES Jonathan S. Auerbach 164,610,342 1,472,555 248,801 14,271,728 Mary E. “Maliz” Beams 164,406,228 1,575,034 350,436 14,271,728 Jocelyn Carter-Miller 148,648,348 17,446,080 237,270 14,271,728 Scott M. Mills 162,880,542 3,186,491 264,665 14,271,728 Claudio N. Muruzabal 163,391,508 2,583,242 356,948 14,271,728 H. Elizabeth Mitchell 164,377,702 1,600,297 353,699 14,271,728
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-05-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
(2) Advisory Vote to Approve Executive Compensation 161,362,332 4,534,074 435,292 14,271,728
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.