Principal Financial names Joel Pitz as permanent CFO, effective May 19, 2025

PRINCIPAL FINANCIAL GROUP INC

Joel Pitz appointed Executive Vice President and CFO; he served as interim CFO since August 2024.
Base salary of $552,500, target annual incentive at 200% of base, and $2.35 million LTI in RSUs.
Pitz succeeds Deanna Strable, who became President and CEO in January 2025.
Pitz has been with Principal for 30 years, previously serving as SVP and Controller and CFO for international businesses.
Spouse Kristine Pitz is a Director – Accounting; her compensation approved by independent HR Committee.

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