secwatch.observer — SEC 8-K summary
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Issuer:     PRINCIPAL FINANCIAL GROUP INC (PFG)
CIK:        0001126328
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001104659-24-091644
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Principal Financial Group appoints Deanna Strable as President and COO; Joel Pitz interim CFO
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- Deanna Strable, previously EVP & CFO since 2017, named President & COO effective Aug 20, 2024.
- Dan Houston remains CEO and Chairman; Strable will oversee Retirement/Income, Benefits/Protection, and Asset Management.
- Joel Pitz, SVP & Controller since 2021, appointed interim CFO and principal accounting officer.
- Strable's compensation: $850,000 base salary, 250% target bonus, $5.1M long-term incentive in RSUs.
- Pitz receives $400,000 RSU award with three-year cliff vesting for interim CFO role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126328/000110465924091644/0001104659-24-091644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126328/000110465924091644/tm2422344d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-091644

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