---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-003303"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:22:14.741242+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Principal Asset Management CEO Pat Halter to retire; Kamal Bhatia named successor

## Summary
- Pat Halter, President & CEO of Principal Asset Management, retires April 2, 2024 after 40 years.
- Kamal Bhatia named incoming President & CEO effective Feb 10, 2024; currently Global Head of Investments.
- Bhatia will oversee $651B AUM and lead expansion of global investment offerings.
- Halter will serve as interim Division President during the transition period.

## SEC filing metadata
- accession: 0001104659-24-003303
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465924003303/0001104659-24-003303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465924003303/tm243087d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-003303
- JSON: https://secwatch.observer/filing/0001104659-24-003303.json
- Plain text: https://secwatch.observer/filing/0001104659-24-003303.txt

## Key facts
- Executive change
  Kamal Bhatia was appointed as President and Chief Executive Officer of Principal Asset Management at PRINCIPAL FINANCIAL GROUP INC.
  - Action: appointed
  - Role: President and Chief Executive Officer of Principal Asset Management
  source text: Kamal Bhatia, who currently serves as Senior Executive Managing Director and Global Head of Investments of Principal Asset Management, President of Principal Funds and Chairman of Principal Funds Board, will become President and Chief Executive Officer of Principal Asset Management, effective February 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465924003303/0001104659-24-003303-index.htm
- Executive change
  Patrick G. Halter retired as President and Chief Executive Officer of Principal Asset Management at PRINCIPAL FINANCIAL GROUP INC.
  - Action: retired
  - Role: President and Chief Executive Officer of Principal Asset Management
  source text: On January 11, 2024, Principal Financial Group, Inc. (the “Company”) announced the retirement of Patrick G. Halter, President and Chief Executive Officer of Principal Asset Management, effective April 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465924003303/0001104659-24-003303-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.